Superintendent of Insurance
On April 1, 2013, the Government of Nunavut assumed all administrative duties under Nunavut’s Insurance Act. The Government of the Northwest Territories (GNWT) had provided these services on Nunavut’s behalf since 1999.
The Government of Nunavut regulates the territory’s insurance industry through its Office of the Superintendent of Insurance in Iqaluit. Nunavut’s Insurance Act and associated regulations set out the legal framework that governs insurance in the territory. Nunavut’s Minister of Finance is responsible for this Act.
Contact
General Inquiries:
@email
800-316-3324
Muhammad Akhtar Hussain
Superintendent of Insurance
Department of Finance
Government of Nunavut
@email
867-975-5879
Tracy Kolta-Webb
Senior Compliance Officer
Department of Finance
Government of Nunavut
@email
867-975-6852
Legislation and Regulations
Nunavut’s Insurance Act and related regulations govern the business of insurance in Nunavut.
Insurance Act Insurance Regulations Uninsured Automobile Coverage Regulations Designation of Compensation Association Order RegulationsRecords
The Superintendent keeps a record of all insurers, agents, brokers and others who we license to do business in Nunavut. This record is open to the public. If you would like to learn more, please contact @email.
Annual Reports
Each year, the Superintendent prepares a report for the Minister of Finance that describes the conduct of insurance in Nunavut. The Minister has chosen to release these reports to the public.
Guides and Frequently Asked Questions (FAQ)
Nunavut’s Filing Requirements for Insurers (January 2015) Insurance Agent Licence Application and Renewal Guide (September 2014) Licence Application and Renewal Guide(January 2021)Forms and Schedules
Fee Schedule Form CC - Credit Card Authorization Form 1 - Insurance Premium Tax Form 2 - Power of Attorney Form 3 - Insurer Licence Application Form 5 - Application for Salesperson Licence Form 7 - Insurance Adjuster Application Form 7R - Insurance Adjuster Renewal Form 9X - Termination of Agency Form 9A & 9 - Agent Application Form DSA - Designation of Signing AuthorityInsurance Licences
Insurers, agents, adjusters, brokers, salespeople and travel agents need to be licensed by Nunavut’s Superintendent of Insurance to sell insurance in Nunavut.
Insurance licences expire annually. Licences for insurers expire on June 30th. Other licences (for agents, adjusters, brokers, salespeople and travel agents) expire on September 30th. Individuals and firms who wish to renew licences should apply to the Office of the Superintendent well before the deadline to ensure their application is processed in time.
Please refer to the Insurance Act and associated regulations for information about Nunavut’s licensing requirements.
Regulatory Bulletins
Regulatory Guidance for Insurers in Nunavut
Fair treatment of insurance customers Insurance Class Harmonization