IBAM Online Exams

IBAM is pleased to now offer students to write their CAIB or Fundamentals of Insurance (FOI) exam online through our new exam provider Captus Press.

Below the steps to “Register for an Online Exam”, you’ll find a list of dates to attempt an Online Exam at the IBAM Office as well as an FAQ section. For any additional questions not addressed regarding online exams, please contact the IBAM office.

Virtual Proctor option is Now Available to all students with Examity.  Please see Step 3 below and the FAQ section for more details.

Register for an Online Exam

Step 1

Students MUST still register for their course through ibam.mb.ca. If you are registering for CAIB, select your future exam date and, if you decide to write online before your paper exam date, your registration will be changed. (All CAIB students will be given notice before their paper exam is ordered – failure to choose online before this notice is given will require students to write the paper exam or pay a rewrite fee.)

Step 2

When a student is ready to write their exam online, they will register through Captus Press website. Payment by credit card is highly recommended for ease (you can either enter information or have a manager call in with the number) but cheques made out to Captus Press are accepted; however, due to the delay to process a cheque, students must give 2 weeks before they plan to write their exam.

Step 3

Once registered as a student, you must email katrinahueging@ibam.mb.ca to inform her when you are writing your exam. If writing at the IBAM office, let us know your desired exam date and we will confirm if there is available space. If writing away from IBAM with your own Proctor, you will need to submit your completed Proctor Nomination Form for approval before your exam can be written. Please refer to the Proctor Nomination Form above for additional Proctor guidelines.

Students are now able to use a virtual proctor to monitor their exams from the comfort of their home/work.  To use this option, select the “Online Proctor” check box on the Captus Press registration page.  When your online exam registration is approved in Captus, you will receive an email from the proctoring company Examity to create a profile, pay their proctoring fee, and book a date/time to write your exam with one of their proctors.  Additional details on Virtual Proctoring in FAQs.

Step 4

Once IBAM approves your exam date/time/proctor, and Captus Press processes your payment, an email will be sent to the student with exam login codes. Proctors will also receive an email with their proctor codes. Please note: These codes are only valid for the date and time that the student has been approved to write.

Step 5

The student writes their online exam (3.5 hours for CAIB and 3 hours for FOI).

Step 6

Students writing Fundamentals of Insurance will know their final marks upon completion of the exam. Confirmation will also be sent by email within one week by IBAM. Students writing CAIB will be informed by IBAM via email of their final marks once the exam processed. Please allow 2-3 weeks for your exam to be marked.

At any time, students may contact Captus Press with questions regarding login or proctor codes, the registration process, or technical difficulties. Support is available from 8:00 am-4:00 pm, Monday-Friday. Call 1-866-348-7888 or email support@captus.com.

IBAM Office Exam Dates

All exams are scheduled from 1:00 pm to 4:30 pm. Limited seats are available.

  • May 10, 2021
  • June 14, 2021
  • July 12, 2021
  • August 9, 2021
  • September 13, 2021
  • October 18, 2021
  • November 8, 2021
  • December 13, 2021
  • January 10, 2022
  • February 14, 2022
  • March 14, 2022
  • April 11, 2022
  • May 9, 2022
  • June 13, 2022
  • July 11, 2022
  • August 8, 2022
  • September 12, 2022

Online Exams Frequently Asked Questions

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, 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 those 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 we limit availability. Please see our schedule for the dates you are able to book with us.

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.  Review the Online Exam webpage for more information on how this process works.

With the Fundamentals of Insurance 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. All students will be emailed by IBAM their exam results within one week of the mark being received.

Since students now chose their own date, we are not accepting deferrals. The exception is an emergency.

You pay directly when you register for the exam. You can choose to pay by credit card or invoice. If you choose a credit card you can either enter the number or have someone call in the number. Please Note: You must call Captus Press, they aren’t going to phone you for the number. If you choose the invoice, the cheque must be received and processed before you can write. If payment is not received before your exam date, you aren’t 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 FAQs on 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 need to be attempting 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/.


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