Membership

Full Member

Apply Now

A Brokerage, whether a corporation, partnership or an individual, including their Subsidiaries, carrying on business in New Brunswick and which satisfy the criteria contained in the Membership Application Form, being Appendix A to these by-laws, may become a member of the Association.

A Brokerage is entitled to only one membership for the Brokerage and its Subsidiaries, which membership will be in the name of the Brokerage, regardless of how many corporations, partnerships, individuals, employees or offices are represented by the Brokerage and its Subsidiaries.

Fees*

Number of Brokers	Flat Corporate Fee	Per Licensed Broker Fee	Subtotal Max
1-10	$500.00 + HST	$110.00 per employee	No Cap
11+	$1000.00 + HST	$110.00 per employee	$15,000.00 + HST

Associate Member

Apply Now

The following qualify as Associate members:

1. Persons who qualify for the designation of C.A.I.B., C.P.I.B. or C.C.I.B. and hold a valid “other than life” brokers license to transact general insurance under the Insurance Act of New Brunswick as an employee of a brokerage which is not a member and who satisfy the criteria contained in the Association’s Membership Application Form, being Appendix B to these by-laws;
2. In the discretion of the Board, any other person, business  or Brokerage not able to meet the qualifications of an Associate member under paragraph (a) or do not come within the definition of Brokerage, but satisfy the criteria contained in the Associate membership Application Form being Appendix A to these by-laws.

NOTE:  Associate Members have no voting rights and are prohibited from using the Broker Identity Program logos and slogans of the Insurance Brokers Association of New Brunswick and the Insurance Brokers Association of Canada.

Fees*

Number of Brokers	Flat Corporate Fee	Per Licensed Broker Fee	Subtotal Max
1-10	$500.00 + HST	$110.00 per employee	No Cap
11+	$1000.00 + HST	$110.00 per employee	$15,000.00 + HST

 

Individual Associate Member

Apply Now

The following qualify as Individual Associate members:

1. Persons who qualify for the designation of C.A.I.B., C.P.I.B. or C.C.I.B. and hold a valid “other than life” brokers license to transact general insurance under the Insurance Act of New Brunswick as an employee of a brokerage which is not a member and who satisfy the criteria contained in the Association’s Membership Application Form, being Appendix B to these by-laws;

NOTE: Associate Members have no voting rights and are prohibited from using the Broker Identity Program logos and slogans of the Insurance Brokers Association of New Brunswick and the Insurance Brokers Association of Canada.

Fee

$260 per applicant

Life Member

The Board may, in their sole discretion, grant Life Membership to a broker who has been active as an insurance broker for at least 25 years as a member of the Association or has rendered outstanding service to the Association.  The Board may, in their sole discretion, revoke any such membership at any time.  No membership fees are payable by life Members and they have no voting rights.

Honourary Member

The Board may, in their sole discretion, grant Honourary Membership to Past Presidents of the Association who are not engaged in the insurance business.  The Board may, in their sole discretion, revoke any such membership at any time.  No membership fees are payable by Honourary Members and they have no voting rights.