Suitability to Hold a Licence

ICS has a responsibility to assess the suitability of individuals and business entities to be licensed. Suitability is a continuing requirement and is assessed both at the time of application and throughout the term of a licence. An applicant or licensee must demonstrate they are fit and proper to engage in the business of insurance and that their conduct will not harm the integrity of the insurance industry or put the public at risk. 

The Suitability to Hold a Licence Policy sets out the principles and criteria ICS will consider when determining whether an individual or business entity is suitable to hold, renew, or continue to hold an insurance licence in Saskatchewan.