Alitis Insurance Services is registered under the Insurance Council of British Columbia.
The Insurance Council of British Columbia’s mandate is to provide a level of protection to the public pertaining to the sale of insurance products and services. The following provides an overview of Council’s role.
Education and Experience: Council has a responsibility to ensure education requirements for licensing meet the minimum standards necessary to protect the public. For specific licences there are also minimum experience requirements. To support the entry level education requirements, there are mandatory continuing education programs for all licensees.
Licensing: All applicants must satisfy Council they are suitable for licensing by demonstrating they are competent, trustworthy, financially reliable and intend to carry on the business of insurance in good faith and in accordance with the usual practice.
Discipline: Council has the authority to discipline licensees when there has been a breach of the Act or Rules. It is important to note that Council does not have exclusive jurisdiction over licensees. There are a number of matters, including unlicensed activity, which are the primary responsibilities of FICOM. When complaints about licensees fall within FICOM’s jurisdiction, the complaint will be referred to FICOM for consideration.