Compliance with CISRO Principles & RIBO Fact Sheet

As a trusted insurance brokerage, we are committed to maintaining the highest standards of professionalism and integrity. To ensure our clients receive the best possible service, we strictly adhere to the CISRO Principles (Canadian Insurance Services Regulatory Organizations) and the RIBO Fact Sheet (Registered Insurance Brokers of Ontario). These frameworks guide us in providing transparent, ethical, and client-focused insurance solutions.

Canadian Insurance Services Regulatory Organizations “Principles of Conduct for Insurance Intermediaries”

The CISRO Principles are a set of ethical guidelines established by the Canadian Insurance Services Regulatory Organizations (CISRO), designed to ensure that insurance professionals act in the best interests of consumers. These principles emphasize client-centric service, transparency, and ethical conduct. CISRO’s principles require brokers to provide clear and unbiased information about insurance products, ensuring that clients can make well-informed decisions. By adhering to these principles, brokers are expected to avoid conflicts of interest and maintain integrity in all interactions. CISRO also stresses the importance of ongoing professional development, ensuring that brokers stay current with industry changes and regulatory updates. This helps to ensure that consumers are always dealing with knowledgeable, trustworthy professionals.

Lloyd Sadd fully complies with these requirements as part of our commitment to maintaining the highest service standards. View the document below to see more details. If you have any questions, please don’t hesitate to reach out!

Principles of Conduct for Insurance Intermediaries

RIBO Consumer Rights Fact Sheet

The Registered Insurance Brokers of Ontario (RIBO) is the regulatory body that governs the practice of insurance brokers in Ontario. The RIBO Fact Sheet provides specific guidelines that brokers must follow to ensure consumer protection, fair practices, and professional conduct in all transactions. RIBO sets out strict requirements regarding licensing, continuing education, and ethical behavior for brokers in Ontario. These guidelines ensure that brokers are fully qualified to provide insurance advice and services, with a focus on transparency and consumer rights. The RIBO Fact Sheet also outlines important disclosure rules, ensuring that clients are informed about policy terms, coverage options, and any potential conflicts of interest. In addition, RIBO emphasizes the need for brokers to maintain professional conduct at all times, in line with their Code of Ethics, which promotes fairness, integrity, and respect for clients.

Lloyd Sadd fully complies with these requirements as part of our commitment to maintaining the highest service standards. We ensure that our practices align with the principles outlined, and we believe these standards are evident in the exceptional service we provide to our clients.

For more detailed information, you can download the full RIBO Fact Sheet below, in both English & French.

If you have any questions, please don’t hesitate to reach out.

Fact Sheet about Your Registered Insurance Broker – ENGLISH
Fact Sheet about Your Registered Insurance Broker – FRENCH