Insurance - 318 - 368

Ontario College Diploma
Two years
Contribute to business and individual insurance planning and security while preparing to earn important industry credentials.
Overview

Program Highlights

What you'll learn

  • Prepare for professional designations from the Insurance Brokers Association of Ontario (IBAO) and the Insurance Institute of Canada.
  • Complete, on an accelerated basis, nine out of ten credits required for the Chartered Insurance Professional (CIP) designation from the Insurance Institute of Canada.

Program Length

2 academic years (periods of 8 months), plus optional co-op

Fast Track allows students to complete a two-year Diploma program (non co-op) in 16 months. Students will start in January and be in school for four continuous semesters: Winter, Spring/Summer, Fall and Winter. Students will not be off during the summer.

Thinking about coming to Mohawk?

Attend a College Information Session to:

  • Get help completing your application
  • Learn more about what Mohawk has to offer

Book your session now

 

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Tuition and Fees

2018 - 2019 Domestic Tuition and Fees

  Semester 1 Semester 2
Total Ancillary Fees $717.02 $653.92
Co-op Fees N/A $475.00
Mandatory Program Fees $0.00 $0.00
Domestic Tuition $1,504.49 $1,504.49
Total Domestic Charges Per Semester $2,221.51 $2,633.41
Total 1st Year Fees (Non Co-op) $4,379.92
Total 1st Year Fees (Co-op) $4,854.92

2018 - 2019 International Tuition and Fees

  Semester 1 Semester 2
Total Tuition & Ancillary Fee $7,342.97 $7,342.97
Co-op Fees N/A $475.00
Program Compulsory Fee Plus Tax $0.00 $0.00
International Tax Recovery $450.00 $375.00
Total International Charges Per Semester $7,792.97 $7,717.97
Total 1st Year Fees (Non Co-op) $15,510.94
Total 1st Year Fees (Co-op) $15,985.94

If you pay by wire transfer, please note your bank might charge you a fee to transfer money. Make sure your transfer includes the Mohawk payment and the wire transfer fee. This applies to each wire transfer payment you make.

Additional Information

Admission

Domestic and International student admission requirements

  • OSSD or equivalent (Mohawk Academic Upgrading, GED) including:
    • Grade 11 Mathematics, C, M or U level or equivalent
    • Grade 12 English, C or U or equivalent

Note: An additional requirement based on overall grades may be required to proceed into some of these programs.

Option are available for mature applicants.

Language Requirements for International Students:

  • See below for accepted equivalents for Grade 12 English:

Don't have the necessary requirements?

Experiential Learning

How you’ll gain skills

  • Field trips, guest speakers and attending industry events.
  • Through interactive mock trials in a courtroom simulation.
  • Gain valuable experience during co-op work terms.
  • Students must maintain an overall 70% GPA per semester in order to maintain co-op status and have no more than one failed or withdrawn course.

Co-op Content

Co-op Format (Fall Intake)

September to December  January to April  May to August
Semester 1 Semester 2 Vacation
Semester 3 Work Term 1 (Co-op) Work Term 2 (Co-op)
Work Term 3 (Co-op) Semester 4  

 

Co-op Format (Winter Intake)

January to April May to August  September to December
Semester 1 Semester 2 Semester 3
Work Term 1 (Co-op) Work Term 2 (Co-op) Work Term 3 (Co-op)
Semester 4    

Learn more about Insurance

Work Term Capabilities

(which do not reflect individual work experiences & exposures)

  • Apply knowledge of insurance principles and practices
  • Communicate insurance-related information in oral, written, and graphic formats suited to specific audiences and purposes
  • Apply the knowledge of Canadian legal system, the legislative context of the insurance industry and business in general to insurance contracts, document and processes
  • Recommend various insurance policies to clients from the perspective of the broker
  • Evaluate the various factors affecting the acceptance and underwriting of any insurance risk
  • Processing renewals, cancellations, endorsements for new business
  • Explain, interpret, analyze policy coverage and policy documents
  • Claims filing, document collection and report analysis
  • Maintain abeyance systems to monitor outstanding insurance documents
  • Microsoft Office, Excel, PowerPoint

Salary Range

  Work Term 1 Work Term 2 Work Term 3
Range $14.00 - $17.00 $14.00 - $17.00 $14.00 - $18.25
Average $15.50 $15.50 $16.15

For further information, please contact:

Gordana Mihajlovic, Co-op Specialist
Phone: 905-575-2168
Fax: 905-575-2359
Email: Gordana.Mihajlovic [at] mohawkcollege.ca (Gordana Mihajlovic)

Opportunities

Opportunities

Where you can go next

  • Earn a degree:
    • Davenport University - Bachelor of Business Administration
  • View our pathways map PDF. This Pathways map shows how the identified program can lead to future program choices.
  • Visit Pathways and Credit Transfer for degree completionopportunties outside of Ontario.
  • See ontransfer.ca for additional opportunties at othercolleges or universities in Ontario.

Your future career options

  • Underwriters
  • Claims Adjusters
  • Brokers/Agents
  • Risk Managers
  • Company Field Representatives
  • Mediators
  • Fraud Investigators

Where you could work includes:

  • Insurance Companies
  • General Business Organizations
  • Life Insurance Companies
  • Independent Adjusting Firms
  • Insurance Brokerages and Agencies

Opportunities for grads

  • Chartered Insurance Professional (CIP) Designation.
  • Registered Insurance Brokers of Ontario (RIBO) licence.
  • Insurance Institute of Canada
  • Insurance Brokers Association of Ontario (IBAO)
  • Ontario Insurance Adjusters Association (OIAA)
  • Canadian Independent Adjusters’ Association
  • Ontario Mutual Insurance Association
  • Students may choose to register for the CIP national exams at an additional cost in order to receive credentials awarded by the Institute
  • Mohawk offers a one-week Intensive Registered Insurance Broker course (RIBO) at the college for Insurance Program graduates who have successfully completed their fourth semester of the Insurance program in spring who wish to obtain their basic broker level one license
  • In collaboration with IBAO, and Insurance Brokers Association of Hamilton (IBAH), Mohawk College is offering the graduating students of the Insurance Diploma program an accelerated training program specifically designed to prepare students to challenge the RIBO Level I Licensing Entrance Exam.

    RIBO Level I Licensing Entrance Exam

    In this five day accelerated training program students will complete an overview of the Fundamentals of Insurance Textbook. OAP 1 Wording, Comprehensive Homeowners, Wording, Travel Insurance and RIBO Act Examination on Day Five

    Regulations

    Upon completion of this course, the student will be qualified to be an "other than life" Insurance Broker as defined in the Registered Insurance Brokers Act, RSO1990 and its regulations. In order for a student to obtain a RIBO registration, it is necessary that employment be obtained with an unrestricted broker within 12 months of the date of passing the examination.

    The student will receive a Level 1 "unrestricted registration". After 2 years working as a restricted broker and successful completion of the Advanced Broker respective examinations, this restriction can be removed.

    A restricted registration permits a broker to effect any type of Property and Casualty coverages but the broker is required to have sufficient knowledge of the coverages in order to handle the client's needs in a professional and competent manner.

    Successful candidates may gain employment through any Registered Brokerage in the Province of Ontario. If a candidate does not become employed and registered within 12 months, the student will be required to re-write a RIBO examination.

    The Insurance Brokers Association of Ontario, IBAH, Mohawk College and the Instructors are not responsible for obtaining such employment or recommending employment opportunities.

    The Course

    The Basic Broker Preparation Course satisfies the Basic Broker Skill Requirement as established by the Registered Insurance Brokers of Ontario (RIBO). It is a lengthy and fast moving course that requires attendance at all lectures. It is recommended that a student spend a minimum of 3-4 hours in private study between each lecture. Emphasis is placed on Insurance Principles and personal automobile and property coverages. Frequent Term Quizzes given throughout the course allow the student a measure of his/her accomplishments to date. A review exam will be supplied covering all course subject matter in preparation for the RIBO exam. These quizzes and review exam do not contribute to the RIBO exam or marks.

    The RIBO exam will be written in class on the last day of the course.

    The Exam

    The examination is set by the Registered Insurance Brokers of Ontario. The student is required to submit an examination application and pay to RIBO the examination fee of $180 in addition to the course enrolment fee. This examination fee, application, two passport size photos and a Criminal Record Verification are due on Friday, April 21, 2017 to nansi.alkhassi [at] mohawkcollege.ca (Nansi Alkhassi) in the M Wing.

    The examination of 3-hour duration contains 90 multiple choice questions and 10 short answer questions. Fifty percent (50%) of the exam will be "open book" and the candidate will be supplied with the Ontario Automobile Policy and the Habitational Policies for reference purposes. The student must obtain a mark of 75% or higher to be successful.

    Re-writes are limited to 3 examination attempts in a 12-month period. The re-write fee is $90.00.

    Course Date and Time

    Course Dates Monday, May 7, 2018 - Friday, May 11, 2018
    Course Times 8:30 - 12:00 and 1:00 - 4:30
    Location Room i104
    Mohawk College
    135 Fennell Avenue West
    Hamilton, ON L9C 1E9
    Course Fee $499.00
    Examination Fee $180.00

    You must submit a "Criminal Record Verification". See application for instructions and how to obtain this form from your local police department.

    The fee includes tuition, text material and all handouts. In addition the student will be responsible for the RIBO exam fee of $180.00 which is to be submitted by Friday, April 21, 2017. You will be notified by Jorge Bettencourt when the RIBO exam application is ready for completion.

    The Course Fee is payable to:

    Mohawk College of Applied Arts and Technology
    135 Fennell Avenue West
    Hamilton, ON L9C 1E9

    The Examination Fee is payable to the Registered Insurance Brokers of Ontario.

    Request for Application for Registration Form

    Download the Insurance Brokers Association of Ontario Application (opens PDF, 20kb) for Basic Brokers Preparation Course.

    Download the Student Item Request Form (opens PDF, 88kb) to take to The Square to make a payment.

    Course fee of $499.00 must be paid at The Square. Proof of payment must accompany application and be included with your completed registration package. Exam Fee of $180.00 is to be paid by certified cheque/money order and made payable to Registered Insurance Brokers of Ontario, and dropped off to M Wing with your completed Registration Package.

    Please email Nansi Alkhassi at nansi.alkhassi [at] mohawkcollege.ca for additional information or questions.

Course Overview & Descriptions

Click on the course title for a course description.

Learning Outcomes

Program Learning Outcomes, often referred to as ‘Program Standards', set out the essential learning that a student must achieve before being deemed ready to graduate.

In many cases these program learning outcomes were developed by the Ministry of Training, Colleges and Universities (MTCU) in consultation with employers and educators who are experts in the program field. To ensure the outcomes remain current and in line with industry needs, we invite our employers, graduates working in the field and current students to re-examine and update them during regular, ongoing program review focus groups.

Additional Information

Video Resources

Why Mohawk? Insurance Program Testimonials

Dan Lawrie - What Employers Look For When Hiring Mohawk Grads

Economical Insurance - What Employers Look For When Hiring Mohawk Grads

Aviva Insurance - What Employers Look For When Hiring Mohawk Grads

Cowan Insurance Group - What Employers Look For When Hiring Mohawk Grads

KTX Insurance Brokers - What Employers Look For When Hiring Mohawk Grads

Crawford and Company - What Employers Look For When Hiring Mohawk Grads

Property & Inland Marine - What Employers Look For When Hiring Mohawk Grads

Dufferein Mutual Insurance - What Employers Look For When Hiring Mohawk Grads

Contact us

Student Recruitment

Contact our Student Recruitment team for information on our programs, student life, and more.

Domestic Canadian Students
Email: discover@mohawkcollege.ca

International Students
Contact International
Phone: 1-905-575-2254

Toll free phone numbers:
For general questions: 1-888-Mohawk9 (1-888-664-2959)
North China: 10-800-714-2521
South China: 10-800-140-2541
Brazil: 0800-022-7408
Philippines: 180011102544

Admissions

Contact our Admissions advisors for help with your application.

Domestic Canadian Students
Contact Admissions
Phone: 1-844-767-6871

International Students*
Contact International Admissions
Phone: 1-905-575-2254

*Not all programs are international eligible. Please see our programs available for international students.

Accessible Learning Services

Are you a student with a confirmed or suspected disability? Visit our Accessible Learning Services website to discover how we can help you.

Program Coordinator

Student Success Advisors

Student Success Advisors

  • Student Success Advisors assist current students to transition to college life, co-creating an academic success plan, advice on course selection, changing programs, or referrals to specialized support services. If you need help applying to Mohawk, contact Admissions (for International Students, please contact International Admissions).

    Pat Pollington

Canadian Domestic Students

Fennell Campus (FF)
Jan 2019
Open
Sep 2019
Open
Jan 2020
Open

International Students

Co-op option

Glenn Gibson

“When you hire a graduate from Mohawk College's Insurance program, you know the person has received skill based training that is going to allow them to immediately step into the fast-paced and challenging work we do. This program does not provide a job, it provides you a dynamic career. I can say this because I am a graduate of the program and so are 25 other senior members of my company.”

Glenn Gibson, CIP, CLA, FCIAA, CFE, CFEI, CCFI 
CEO, Crawford Adjusters Canada Inc.

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"The Insurance Institute of Canada established the "Chartered Insurance Professional" (CIP) designation to create a benchmark for professionalism and knowledge within the Insurance industry. The Hamilton/Niagara Chapter of the Insurance Institute of Ontario is very pleased to see individuals graduate from the Mohawk College Insurance Program with a number of courses towards this designation. By combining the Insurance Diploma with credits towards the CIP designation, students are on track to becoming leaders in our industry."

Dawn Elliott, CIP, CRM Manager 
Insurance Institute Hamilton/Niagara Chapter

Picture of Harrison

When I was making the decision between a University education and a College Diploma I was told “go to University to become educated, go to College to become employed.” Mohawk College, through their Insurance Co-Op Diploma program has wrapped up the best of both worlds into a neat and tidy 3 year package. My eyes have been opened to a whole new world through the various staff, faculty and professors at Mohawk College. I was plunged into the insurance industry through Mohawk’s fast paced learning environment and was out in the work-force before I even had time to catch my breath. I signed a one year contract with Utter/Morris Insurance Brokers Ltd. and went on to become a licensed insurance broker. Being able to fill the role of an insurance broker as well as see other insurance professionals in the field gave me priceless hands-on experience complimented by the in-class learning.  I have since been offered a full time contract with the firm and I am well on my way with my career in the insurance industry. If you are looking into the insurance industry, there is no better place to start your career than Mohawk College and their Insurance Co-Op Diploma Program.

Harrison

Picture of Samantha

Hello, I’m Samantha and I am currently enrolled in my final year of the 3 year Insurance Co-op Diploma program at Mohawk College.   I started this program with a very basic knowledge of the insurance industry and was not really sure what my career options were. The Co-op program helped me figure out the direction I wanted to take in the Insurance Industry by combining the knowledge I learned in the classroom with hands on experience in a workplace environment. My Co-op did not disappoint as Mohawk’s Insurance program has helped me gain valuable experience that I believe will give me a competitive edge in the job market and has helped me understand the career choices that exist in the Insurance Field.  I want to thank CARSTAR located in Hamilton, Darling Insurance located in Peterborough, and my professors at Mohawk for giving me the opportunity to expand my knowledge of the insurance industry, and for providing me with a positive experience while showing me the different sides to the insurance industry.  Co-op was a great way to explore my career options early by allowing me to try out different jobs in the Insurance Field and has helped me build a network of potential future employers.  

Samantha

Picture of Jarred

Hi there, my name is Jarred and I am currently enrolled in the Business – Insurance (Co-op) program at Mohawk College. As someone who was rather new to the insurance industry, I chose the co-operative education route in order to further develop and expand on the knowledge I acquired during my first 3 semesters at Mohawk College. This led me to an excellent opportunity at Economical Insurance where I was employed as a Claims Assistant. I worked primarily in the claims payments unit, generally handling the tail end of automobile claims. I was able to apply the knowledge and skills I gained in class in order to make practical real life decisions on the job. I think what I enjoyed most about the work experience was having multiple opportunities to shadow and train in other units of the company. Due to the success of my co-op placement, Economical Insurance has offered me the opportunity to work on a part-time basis while I complete my final semester of study. Furthermore, this has led to a full-time offer of employment following the completion of my studies, where I will return as an Auto Claims Adjuster. In brief, I believe that students that take part in this program will not only become valuable assets to their co-op employer; they become highly valued candidates to a variety of employers when they ultimately graduate. For those that are serious about gaining that competitive advantage, I would highly recommend the co-op program!

Jarred

Picture of Deanna

Hi there. I’m Deanna and I am currently enrolled in the Insurance Co-Op Diploma program at the McKeil School of Business. I started the program not really knowing what I was getting into…I didn’t even know anyone in the insurance industry. By selecting the co-op program I was able to get a good feel for the market as well as seeing what it is involved in actually working in an insurance setting. This well-rounded co-op program combines the academic studies you have learned in class, as well as the practical, real-time work experience you gain through an industry placement. This full year of co-op also gives you one year work experience you need to complete your last CIP (C16: Business of Insurance). Thanks to Brant Mutual Insurance Company located in Brantford for giving me an opportunity to explore career options, test skills learned in the classroom, and develop new skills in my co-op placement. I highly recommend this route!

Deanna

Photo of Matthew

Hi, my name is Matthew Marino and I am enrolled in the Insurance Coop Diploma program here at Mohawk College. The program, provided here at Mohawk College allowed me an opportunity to see how the knowledge I learned in class will be implemented into a real working environment within the insurance industry. I cannot think of another program that so effectively implements academic study with actual on the job experience in the industry. It also gave me the chance to get first impressions of the office lifestyle and gave me the chance to network with potential future employers. I would like to thank my co-op placements: The Cooperators and BI&I for providing me the opportunity to discover career paths as well as developing new skills that will help me in the future. To summarize my thoughts, I believe that any student who is interested in the Coop program at Mohawk College should take that opportunity, as it is one of the best ways to get a successful career started.

Matthew