An online exam is an exam you take on the computer. Instead of writing the answers on paper, you will type and submit them online.

No, the structure remains the exact same. For CAIB, students will be asked definitions, multiple-choice, and short-answer questions. For Fundamentals of Insurance, all questions are multiple-choice. It will look exactly like the paper exam, only online.

No, it is not an open-book exam.

The online platform designed by Captus Press has been in place for over 10 years and used by hundreds of students just like you who are challenging their CAIB / FOI exams. It is user-friendly and the instructions are clear and precise. There is a toll-free number provided to students in case there are technical difficulties. IBAM is also going to continue offering paper exam writes for CAIB students who do not wish to write online.

There are no longer specific exam dates. Instead of IBAM telling students when they can write, students will decide their exam date. The only exception will be students who do not have a Proctor and wish to write at the IBAM office as there is limited availability. Please see the IBAM Exam Registration page for current offerings.

No, students now determine when they would like to write. Students can choose anytime between 8:30 am-4:30 pm, Monday-Friday if writing away from the IBAM office.

No, you still have 3.5 hours to write your CAIB exam and 3 hours to write your Fundamentals exam.

Yes - For now, IBAM will still be offering paper CAIB exams on the 5 pre-set write days per year (Feb, May, Jul, Sep, and Dec) and Fundamentals of Insurance monthly.

Per the Insurance Council of Manitoba guidelines, approved proctors include Government Administrators, Professional Invigilators (Teachers / Representatives from College or University), or Business / Medical Professionals. Insurance brokers, coworkers, family and friends are not permitted to be a proctor. A completed Proctor Nomination Form must be submitted for approval to IBAM before your Online Exam Registration will be approved.

ICM has also approved the use of a Virtual Proctor through the organization Examity.  This allows students to write when they are not able to be physically in the same room as a proctor. 

With the Fundamentals of Insurance (FOI) being a multiple-choice exam, you will see your results once you submit your exam. For CAIB, please give 2-3 weeks for your exam to be marked. 

Since students now choose their own date, we are not accepting deferrals. In the case of an emergency, please contact the IBAM Office.

You pay directly when you register for the exam. You can choose to pay by credit card or invoice.

If you choose to pay by credit card, you can either enter the number online or call in the number. Please Note: You must call Captus Press, they will not phone you for your credit card number.

If you choose to pay by invoice, the cheque must be received and processed before you can write. If payment is not received before your exam date, you are not permitted to write.

If you have selected to write your exam using a Virtual Proctor, you will be asked to submit payment directly on the Examity website before you can schedule your exam. Please Note: Examity fees are in US Dollars.

A Virtual Proctor is someone who monitors a student writing an online exam through the use of a camera and microphone on the students’ computer.  A person will watch the student writing the exam and, if they suspect any cheating, a video of the incident will be escalated for review to see if a cheating incident occurred.  The proctor will also ask to see your workstation and confirm your ID before you begin writing to ensure the correct student is attempting the exam.  For more information about our Virtual Proctor company Examity, please visit their website: https://www.examity.com/test-takers/.

Yes.  For any of our new online services, there is a cost over and above the IBAM fees to use these companies.  To use a Virtual Proctor, students are responsible for the online exam fee by Captus to gain access to the exam ($26.25) as well as the Virtual Proctor fee from Examity to use one of their proctors.  The Examity Proctor Fee is charged when you create your Examity Profile and it is an additional $36.50 USD for CAIB exams and $29.50 USD for Fundamentals exams.  All fees are indicated on the Captus Exam registration page.

Students must write their exam on a desktop or laptop (Chromebooks and tablets are not supported) that has a built-in or external webcam, microphone, and speakers.  All of our online exams are also recommended to be on a strong dedicated internet signal to ensure no disruptions (hotspots are not recommended).  For more information on Examity's system requirements, please visit https://www.examity.com/test-taker-systems-requirements/.