Ilscorp
ILScorp is a privately held Canadian company that delivers accredited online insurance licensing exam preparation and continuing education subscriptions to Canadian insurance brokers, agents, adjusters, and financial planners across all provinces.
- Company typePrivate
- Founded1991
- HeadquartersComox, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Ilscorp does
ILScorp (legally ILS Learning Corporation) is a privately held Canadian company that provides online insurance training and continuing education to Canadian insurance professionals, founded in 1991 and operating as an online platform since 2000. The company's product portfolio is built around provincial licensing exam preparation (Level 1 and Level 2 general insurance, CAIB designation, RIBO, LLQP, OTL, and BC RIA Training) and six recurring continuing education subscription tiers covering General Insurance, Life/A&S, Adjusters, FP (FPSC), CSF PDU, and ChAD UFC, each providing 6 months of unlimited access to a catalog of 150+ accredited courses across multiple Canadian provinces. Courses are delivered through an online e-learning platform supporting streaming video and text formats, with digital records retained for up to 7 years and all data hosted in Canada for domestic privacy compliance.
The business model combines subscription recurring revenue (six CE tiers priced $185-$285, plus a ChAD/CSF combo at $360), one-time licensing prep purchases (Level 1 and Level 2 programs priced at $449), individual course purchases at $85 per course, and group/organizational subscriptions for brokerages with 3+ or 5+ employees. Distribution is primarily direct online via ilscorp.com and coursesondemand.com with phone-based sales support, supplemented by named enterprise relationships with major Canadian brokerages and insurers including HUB International, Intact Insurance, BCAA, Wawanesa, Western Financial Group, and Sussex Insurance. Customer segments include insurance brokers and agents, life/A&S professionals, claims adjusters, financial planners, and brokerages requiring group CE compliance solutions.
The company is headquartered in Courtenay, British Columbia, operates with 1-10 employees, has no institutional investors or disclosed funding rounds, and is led by President and CEO Ken MacRae with founder Steve Hawrishok credited as author of the original CAIB and Level 1 programs. Differentiation rests on regulatory accreditations across multiple Canadian provinces and licensing categories, 30+ years of brand presence in the Canadian insurance education market, first-mover status in online (2000), video-streamed (2005/2007), and fully online LLQP (2008) delivery formats, and 1.9 million+ CE hours completed since 2005 across 21,000+ trained professionals.
Ilscorp firmographics
Firmographics- Name
- Ilscorp
- Legal name
- ILS Learning Corporation
- Website
- https://ilscorp.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ILScorp is a privately held Canadian company that delivers accredited online insurance licensing exam preparation and continuing education subscriptions to Canadian insurance brokers, agents, adjusters, and financial planners across all provinces.
- Ownership category
- akta.pro rank
Ilscorp industry classification
Industry- Product category
- Online Insurance Education and Training
- NAICS
- Exam Preparation and Tutoring (611691), All Other Schools and Instruction (61169), Educational Support Services (611710)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)
- akta.pro secondary industries
- Insurance Licensure & Designation Prep (Life/Health/Property & Casualty, Series insurance exams) (EDANAIAI), Insurance (EDAAAPAH)
Keywords
Where Ilscorp is headquartered
LocationHeadquarters
- HQ city
- Comox
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Ilscorp business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- CE Course Subscriptions: Subscription-based access to online continuing education course catalogs. Subscriptions provide 6 months of unlimited access to courses within specific categories (General, Life/A&S, Adjusters, FP, CSF, ChAD).
- Licensing Exam Preparation Programs: One-time purchase of comprehensive licensing exam prep programs (Level 1, LLQP, CAIB) that include textbooks, workbooks, flashcards, practice exams, and certification exams.
- Individual Course Purchases: Single course purchases at $85 per course for those not subscribing to full subscriptions.
- Group Training Programs: Organizational subscriptions for 3+ or 5+ employees needing CE credits, with reporting features and per-person savings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | General Insurance CE Subscription - Access to 150+ accredited courses including RIBO courses, 250+ credit hours |
| Subscription | Multi-year contract | Life/A&S CE Subscription - 70+ courses, 170+ credit hours |
| Subscription | Multi-year contract | Adjuster CE Subscription - 165+ online courses |
| Subscription | Multi-year contract | FP CE Subscription - 15+ courses, 25+ credit hours |
| Subscription | Multi-year contract | CSF PDU Subscription - 52+ courses, 120+ credit hours for Quebec financial planners |
| Subscription | Multi-year contract | ChAD UFC Subscription - 100+ credit hours for Quebec damage insurance professionals |
| Subscription | Multi-year contract | ChAD/CSF Combo - Access to both ChAD and CSF course libraries |
| One time/ perpetual license | Multi-year contract | Alberta Level 1 General Insurance Licensing Exam Preparation Program |
| Unit Pricing | Pay-as-you-go | Individual Course Purchase |
| Subscription | Multi-year contract | Group Program Discounts |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
Ilscorp product offering
Product offeringCore offering
ILScorp provides online insurance licensing exam preparation programs and accredited continuing education (CE) subscriptions for Canadian insurance professionals across all provinces. Offerings include provincial Level 1 and Level 2 licensing prep, CAIB designation, RIBO, LLQP, and ChAD/CSF accredited CE courses delivered via streaming video and text formats on a self-serve e-learning platform.
Product overview
ILScorp is Canada's leading provider of online insurance training and education, offering a comprehensive suite of subscription-based continuing education (CE) products and licensing preparation courses. The product portfolio includes six main CE subscription tiers (General CE, Life/A&S CE, Adjuster CE, FP CE, CSF PDU, and ChAD UFC) providing access to hundreds of accredited courses for various Canadian insurance professional designations. These are complemented by licensing preparation programs for Level 1 and Level 2 general insurance, CAIB designation, RIBO licensing, LLQP for life insurance, and specialized courses like RIA Training. The platform delivers courses in both text and streaming video formats, with additional offerings including workplace bullying training, ethics courses, management training, and communication skills development. All data is hosted in Canada with SSL encryption for secure transactions.
Differentiator
Problem solved
Functional benefit
Products and services
- General CE Subscription Continuing education subscription for general insurance professionals providing 6 months of unlimited access to 150+ accredited online courses including RIBO courses, totaling 250+ credit hours, priced at $185.
- Life/A&S CE Subscription Continuing education subscription for Life and Accident & Sickness insurance agents and financial planners providing 6 months unlimited access to 70+ accredited courses with 170+ credit hours, priced at $260.
- Adjuster CE Subscription Continuing education subscription for insurance claims adjusters providing 6 months of unlimited access to 165+ online accredited courses, priced at $185.
- FP CE Subscription Continuing education subscription for Certified Financial Planners providing 6 months of access to 15+ accredited courses with 25+ credit hours, priced at $260.
- CSF PDU Subscription Chambre de la sécurité financière accredited subscription for Quebec Life Insurance Agents and Financial Planners providing 6 months unlimited access to 52+ courses and 120+ PDUs, priced at $285.
- ChAD UFC Subscription ChAD accredited subscription for Quebec damage insurance professionals providing 6 months of unlimited access to 70+ accredited courses and 100+ PDUs, priced at $285.
- ILS Level 1 Insurance Licensing Program Provincial insurance licensing exam preparation course covering everything needed to pass Level 1 general insurance licensing exams across Canadian provinces, starting at $449.
- Alberta Level 2 General Insurance Licensing Exam Prep Comprehensive exam preparation program for Alberta Level 2 General Insurance licensing, including textbook, workbook, flashcards, practice exams, and certification exam, with 4 months of access for $449.
- CAIB Exam Preparation Canadian Accredited Insurance Broker (CAIB) designation preparation program with four levels covering general insurance, personal lines, commercial lines, and brokerage management.
- RIBO Licensing Exam Preparation Course Exam preparation course for Ontario brokers seeking RIBO (Registered Insurance Brokers of Ontario) licensing.
- OTL - Other Than Life Exam Preparation Course Exam preparation course for Other Than Life insurance licensing in Canada.
- LLQP - Life Licensing Qualification Life Licensing Qualification Program for individuals seeking to enter the life insurance business, available as a fully online video course.
- Restricted Insurance Agency Training Training for BC's new Restricted Insurance Agency framework, preparing insurance professionals for the new regulatory requirements.
- Secrets for Exceptional Speaking Communication and public speaking course using the trade-marked Hendrie Method, teaching presentation skills and interpersonal communication, priced at $309 with 3 months of unlimited access.
- Virtual Classrooms Live virtual classroom sessions for insurance training and professional development, complementing on-demand course delivery.
Quantifiable outcome
- 1,908,339 continuing education hours completed since 2005
- +2 more outcomes
Companies that use Ilscorp
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Ilscorp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ilscorp partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Sussex InsurancecorePartnership with Sussex Insurance and Canadian Insurance Scholarship Program to provide 10 education scholarships for British Columbians interested in insurance careers. Scholarship covers online training course for Level 1 license, exam fee, and support through employment period.
- Chambre de l'assurance de dommages (ChAD)coreRegulatory accreditation partnership with ChAD for Quebec damage insurance professionals. ILScorp offers 75+ ChAD-accredited courses online totaling nearly 160 PDUs. ChAD mandates 20 PDUs every two years for insurance professionals in Quebec.
- Dynamic Leadership Inc.minorPartnership to develop leadership and workplace management courses. Provides communication and leadership courses including 'Secrets for Exceptional Speaking' using the Hendrie Method trademarked approach.
- SGI CANADAcorePartnership to develop 12 comprehensive training courses for SGI CANADA's Agro Pak Policy product. Courses available in streaming video and text formats, showing broker-customer conversations for real-life scenario training. First comprehensive training program developed for a specific insurance product in Canada. All General Insurance subscribers receive access to these courses.
- Grant HicksminorStrategic partnership with Grant Hicks, co-author of 'Guerrilla Marketing for Financial Advisors' with Jay Conrad Levinson. Hicks is President of Hicks Financial and leading Canadian authority on marketing financial services. Course on guerrilla marketing for financial advisors offered for CE credits.
Scale indicators5 records
Recent moves9 records
Expansion highlights6 records
Ilscorp competitors and assessment
Company assessmentRegional players
- AD Banker: AD Banker is a US-based provider of insurance prelicensing, continuing education, and designation prep, comparable in product mix to ILScorp but operating in US state regulatory frameworks rather than Canadian provincial ones.
- WebCE: WebCE is a large US-based online insurance continuing education platform with deep course libraries across US states. While geographically distinct, it represents the same productized online CE model ILScorp uses in Canada and could expand cross-border if accreditations aligned.
Direct peers
- ExamFX: ExamFX provides prelicensing and continuing education for insurance, securities, and financial services professionals, primarily in the US. It is a direct analog to ILScorp's licensing exam prep and CE subscription business model.
- Insurance Institute of Canada: The Insurance Institute of Canada delivers the CAIB designation and CIP continuing education programs to Canadian insurance professionals. It is the most direct peer to ILScorp, competing for the same licensing prep and CE dollars from brokers and agents across Canada.
- ReSource Insurance Education Services: ReSource (a.k.a. Western Continuing Education Services / Resource CE) is a Canadian provider of accredited insurance continuing education courses, particularly in western Canada, competing with ILScorp's General and Adjuster CE subscriptions.
- Insurance Brokers Association of Ontario (IBAO): IBAO is a self-regulatory body that historically delivered RIBO entry training and approved CE providers in Ontario. As both an accreditation gatekeeper and a training provider, it competes directly with ILScorp's RIBO licensing and ethics CE products.
- SigmaXL / Sigma Continuing Education: SigmaXL is a Canadian insurance continuing education platform offering accredited CE courses to Ontario and other provincial licensees. It competes head-on with ILScorp's CE subscription and individual course products.
Others
- Chambre de l'assurance de dommages (ChAD): ChAD is a Quebec self-regulatory body that accredits damage insurance CE providers and also disseminates training. It is both a partner (ILScorp's ChAD UFC subscription) and an adjacent actor that could compete by expanding its own training offerings.
- RegEd (Thomson Reuters): RegEd provides enterprise compliance and education management platforms used by insurance carriers and brokerages for CE tracking and delivery. It is adjacent to ILScorp's group training and reporting product but positioned more as enterprise compliance infrastructure than consumer CE content.
Broad incumbents
- Kaplan Financial Education: Kaplan Financial is a broad incumbent in financial services and insurance licensing education across North America. It competes for the same professional learner audience as ILScorp but with a much wider portfolio including securities, real estate, and CFA prep.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ilscorp social profiles
Digital presenceIlscorp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ilscorp leadership team
Management profileNumber of profiles
Profiles5 records
Ilscorp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ilscorp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ilscorp
What does Ilscorp do?
ILScorp provides online insurance licensing exam preparation programs and accredited continuing education (CE) subscriptions for Canadian insurance professionals across all provinces. Offerings include provincial Level 1 and Level 2 licensing prep, CAIB designation, RIBO, LLQP, and ChAD/CSF accredited CE courses delivered via streaming video and text formats on a self-serve e-learning platform.
Is Ilscorp a public or private company?
Ilscorp is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ilscorp founded?
Ilscorp was founded in 1991. It employs 1 to 10 people.
Where is Ilscorp based?
Ilscorp is headquartered in Comox, Canada, in the North America region.
How does Ilscorp make money?
Four revenue lines are on record. CE Course Subscriptions are the primary driver. The others are licensing Exam Preparation Programs, individual Course Purchases and group Training Programs.
Who are Ilscorp's main competitors?
Regional players on record are AD Banker and WebCE. Direct peers are ExamFX, Insurance Institute of Canada, ReSource Insurance Education Services, Insurance Brokers Association of Ontario (IBAO) and SigmaXL / Sigma Continuing Education. Others are Chambre de l'assurance de dommages (ChAD) and RegEd (Thomson Reuters). Kaplan Financial Education is listed as a broad incumbent.
Does Ilscorp have an API?
No public API is recorded for Ilscorp.
What industry is Ilscorp in?
Ilscorp's product category is Online Insurance Education and Training. Its primary akta.pro industry code is EDAAALAJ, Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE), with a secondary code of EDANAIAI, Insurance Licensure & Designation Prep (Life/Health/Property & Casualty, Series insurance exams). Its NAICS code is 611691 and its SIC code is 8200.