New Brunswick
Level 1 – Probationary Adjuster’s Licence
Shall be supervised by a level 3 licensee having a minimum of 12 months of experience
at that level or by a level 4 licensee, and the supervisor shall be responsible
for the instruction and conduct of the level 1 licensee.
Shall not adjust an insurance claim in his or her own right.
Shall not enter into correspondence, submit reports or prepare memoranda respecting
the adjustment of an insurance claim assigned to his or her supervisor unless authorized
by his or her supervisor.
Shall have all claim reports and settlement offers countersigned by his or her supervisor.
Obtain a level 2 licence within 12 months after being issued a level 1 licence.
Level II – Assistant Adjuster’s Licence
Either before a level 1 licence is issued or within 12 months after the licence
is issued, unless an extension of time is given under section 13, an applicant for
a level 2 licence shall have successfully completed one of the following programs
offered by the Insurance Institute of Canada: C11 (Principles and Practices of Insurance);
or
C81 (General Insurance Essentials - Part 1) and C82 (General Insurance Essentials
- Part 2)
•Within 12 months after a level 1 licence is issued, the applicant for a level 2
licence shall have acquired 12 months of work experience as an adjuster.
The superintendent may waive any part of the work experience requirement for an
applicant for a level 2 licence if the Superintendent is satisfied that the applicant
has sufficient experience or training in the insurance industry.
Shall be supervised by the holder of a level 3 licence who has a minimum of 12 months
of experience at that level or by the holder of a level 4 licence, and the supervisor
shall be responsible for the instruction and conduct of the level 2 licensee.
Shall not adjust an insurance claim in his or her own right.
Shall not enter into correspondence, submit reports or prepare memoranda respecting
the adjustment of an insurance claim assigned to his or her supervisor unless authorized
by his or her supervisor.
Shall obtain a level 3 licence within 36 months after being issued a level 2 licence.
Level III – Adjuster’s Licence
Either before a level 2 licence is issued or within 36 months after the licence
is issued, unless an extension of time is given under section 18, the applicant
for a level 3 licence shall have successfully completed one of the following programs
offered by the Insurance Institute of Canada:
* for a specialization in property damage:
C11 (Principles and Practice of Insurance)
or
C81 (General Insurance Essentials - Part 1) and C82 (General Insurance Essentials
- Part 2) C12 (Insurance on Property) C13 (Insurance Against Liability - Part 1)
C110 (Essentials of Loss Adjusting)
or
C17 (Claims 1) C111 (Advanced Loss Adjusting)
or
C33 (Insurance on Property - Part 2) and (C46 Claims 2) * for a specialization
in automobile physical damage: C11 (Principles and Practice of Insurance)
or
(C81 General Insurance Essentials - Part 1) and (C82 General Insurance Essentials
- Part 2) C13 (Insurance Against Liability - Part 1) C14 (Automobile Insurance -
Part 1) C110 (Essentials of Loss Adjusting)
or
C17 (Claims 1) and C111 (Advanced Loss Adjusting)
or
C46 (Claims 2) * for a specialization in automobile accident benefits: C11 (Principles
and Practice of Insurance)
or
C81 (General Insurance Essentials - Part 1) and C82 (General Insurance Essentials
- Part 2) C14 (Automobile Insurance - Part 1) C32 (Bodily Injury Claims) C110 (Essentials
of Loss Adjusting)
or
C17 (Claims 1) and C111 (Advanced Loss Adjusting)
or
C46 (Claims 2) * for a specialization in bodily injury: C11 (Principles and Practice
of Insurance)
or
C81 (General Insurance Essentials - Part 1) and C82 (General Insurance Essentials
- Part 2) C13 (Insurance Against Liability - Part 1) C14 (Automobile Insurance -
Part 1) C32 (Bodily Injury Claims) C110 (Essentials of Loss Adjusting)
or
C17 (Claims 1) and C111 (Advanced Loss Adjusting)
or
C46 (Claims 2) Within 36 months after a level 2 licence is issued, the licensee
shall acquire 24 months of work experience in claims adjusting, but any experience
acquired before the level 2 licence was issued shall not count for the purpose of
this subsection.
Level IV – General Adjuster’s Licence
An applicant for a level 4 licence shall have successfully completed the following
program offered by the Insurance Institute of Canada: C11 (Principles and Practice
of Insurance)
or
C81 (General Insurance Essentials - Part 1) and C82 (General Insurance Essentials
- Part 2) C12 (Insurance on Property) C13 (Insurance Against Liability - Part 1)
C14 (Automobile Insurance - Part 1) C32 (Bodily Injury Claims) C110 (Essentials
of Loss Adjusting)
or
C17 (Claims 1) C111 (Advanced Loss Adjusting)
or
C33 (Insurance on Property - Part 2) and C46 (Claims 2) and C112 (Practical Issues
in Claims Management)
The applicant shall have acquired 24 months of work experience in claims adjusting
while holding a level 3 licence.
