| Application for Insurance Agent Licenses | Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. | 100 | 77 |
|---|
| Insurance Companies IVIC Submissions | Approval of an Independent Variable Insurance Contract (IVIC) submission within 30 days of receipt | 100 | 97 |
|---|
FSCO’s improved risk identification practices for insurance agent applications has led to an increase in files being selected for in-depth screening. FSCO is taking steps to review business systems and practices so that insurance agent licensing timelines are not impacted by the detail assessment of theses applications.
| Application for Insurance Agent Licenses | Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. | 100 | 86 |
|---|
| Insurance Companies IVIC Submissions | Approval of an Independent Variable Insurance Contract (IVIC) submission within 30 days of receipt | 100 | 100 |
|---|
Staffing changes in 2016-17 affected application reviews and approvals. FSCO is taking steps to reassign resources to improve performance.
| Application for Insurance Agent Licenses | Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. | 100 | 89 |
|---|
| Insurance Companies IVIC Submissions | Approval of an Independent Variable Insurance Contract (IVIC) submission within 30 days of receipt | 100 | 100 |
|---|
| Application for Insurance Agent Licenses | *Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. | 100 | 100 |
|---|
| Insurance Companies IVIC Submissions | Approval of an Independent Variable Insurance Contract (IVIC) submission within 30 days of receipt | 100 | 100 |
|---|
* Resource availability accounts for the gap between the target and the result.
| Application for Insurance Agent Licenses |
Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. |
100 |
95 |
|---|
Licensing and Registration
| Application for Insurance Agent Licenses |
Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. |
100 |
97 |
|---|
Licensing and Registration
| Application for Insurance Agent Licenses |
Electronic applications for new and renewal Insurance Agent licences that are complete and meet all requirements will be reviewed and approved within 5 business days. |
100 |
96 |
|---|