Take All Comers Consultation

Today, the Financial Services Regulatory Authority (FSRA) is launching a public consultation related to “Take-All-Comers” requirements.

We want to hear from consumers, insurers, brokers and agents. Input received will help FSRA more effectively supervise auto insurers and better protect the public.  This consultation will be open until June 5, 2020.

FSRA is also reviewing various activities and practices by insurers and/or brokers that may be contravening the Take-All-Comers rule and will be conducting supervisory reviews of insurance companies to identify risks or instances of consumer harm. We will work with the Registered Insurance Brokers of Ontario to ensure a coordinated approach is taken across the auto insurance system.

Any industry partners with submissions should respond to the following questions and identify any other issues, risks or priorities that parties believe FSRA should address.

These include:

  • What reporting and oversight mechanisms are in place to support compliance with the Take-All-Comers rule?
  • How does your organization address instances of non-compliance with the Take All Comers rule?
  • What changes to the Take-All-Comers rule would reduce the risk of consumer harm and/or sector instability?

For More Information

Learn More: Request for Comment – Auto Insurance Take All Comers Rule

The Take All Comers Consultation will be open from March 9, 2020 until June 5, 2020.

If you have any questions or need more information, contact us at [email protected].

Effective June 8, 2019, FSRA assumed regulatory duties of the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario. Learn more about FSRA and its approach to achieving safety, fairness and choice in non-securities financial services at