Agency Details

Ministry:  FINANCE
Agency:  COUNCIL OF THE REGISTERED INSURANCE BROKERS OF ONTARIO
Agency URL:  www.ribo.com
Address:  Suite 1200 401 Bay Street P.O. Box 45 Toronto M5H 2Y4 ON
Tel.:  (416) 365-1900; 1-800-265-3097
Fax:  (416) 365-7664

Background:  REGISTERED INSURANCE BROKERS ACT, RSO 1990, C. R.19, S. 6; O.REG 308/98
Period:  01-JAN-1980 - N/A
Type:  N/A

Prerogative:  Mandatory Legislation; Minister's OIC
Function:  The council is a self-regulating organization for insurance brokers. It is responsible for licensing and disciplining brokers. The Superintendent of Insurance has a statutory interest in the Council of Registered Insurance Brokers of Ontario. The council establishes and appoints a Qualifications and Registration Committee, one or more Complaints Committees, a Discipline Committee, and may establish additional committees as it considers necessary. A Complaints Committee considers and investigates complaints regarding the conduct or actions of any member of the Registered Insurance Brokers of Ontario. The Discipline Committee, when directed by the Council or by a Complaints Committee hears and determines allegations of misconduct or incompetence against any member of the Registered Insurance Brokers of Ontario.

Membership:  The council is composed of four persons who are not brokers appointed by the Lieutenant Governor in Council and nine persons elected by the insurance brokers. A president and one or more vice-presidents, currently one, are elected annually from among and by the members.

The Lieutenant Governor in Council may appoint such number of persons as considered appropriate who are not members of the Registered Insurance Brokers of Ontario or members of the council to a panel of lay persons eligible to serve as members of the Complaints Committee and the Discipline Committee.

Term:  Members appointed to the council or to the panel of lay persons eligible to serve as members of a Complaints Committee or the Discipline Committee serve for a term not exceeding four years and are eligible for reappointment for one term.

Meetings:  Council members will have one to two meetings a month. Members of a Complaints or Discipline Committee may have four to five meetings a year. The timetable for meetings is set at the beginning of the year.

BOARD MEMBERS

No.	POSITION	MEMBER NAME	TENURE	REMUNERATION	LOCATION
1.	MEMBER (PART-TIME)	SHEEHAN, LAURA	20-SEP-2006 - 19-SEP-2009	PAID BY THE COUNCIL	TORONTO
2.	MEMBER (PART-TIME)	PRESTA, DOMENIC C.S.	09-MAY-2007 - 08-MAY-2010	PAID BY THE COUNCIL	VAUGHAN
3.	MEMBER (PART-TIME)	AMAD, HANIA	22-JUN-2005 - 08-JUL-2011	PAID BY THE COUNCIL	WOODBRIDGE
4.	MEMBER (PART-TIME)	MISTRY, SHARAD	23-MAR-2005 - 08-JUL-2011	PAID BY THE COUNCIL	THORNHILL
5.	PANEL MEMBER	GOTTFRIED, RUTH	16-MAY-2007 - 15-MAY-2010	PAID BY THE COUNCIL	THORNHILL
6.	PANEL MEMBER	DEVLIN, GERALD	13-JUN-2007 - 22-JUL-2011	PAID BY THE COUNCIL	TORONTO
7.	PANEL MEMBER	TORONTOW, PENNY	17-JUN-2009 - 16-JUN-2012	PAID BY THE COUNCIL	OTTAWA
8.	PANEL MEMBER	DI MARCO, SABRINA LINA	15-JUL-2009 - 14-JUL-2012	PAID BY THE COUNCIL	ETOBICOKE
9.	PANEL MEMBER	KHAN, TANYA	15-JUL-2009 - 14-JUL-2012	PAID BY THE COUNCIL	MAPLE