Once again this year, the RCCAQ is reminding its members to update their designated representative lists in the runup to the board elections and the annual general meeting (AGM) scheduled for November 3. An email in this regard was sent out to all brokerage owners on August 16.
As you may know, individuals are designated by each brokerage to represent it and vote on its behalf at the AGM. They also receive official communications regarding notices of election.
All brokerage owners or managers must update their designated representative lists not only to ensure good governance but also to ensure that their firm’s voice is heard. Each designated representative has all the rights and obligations of an RCCAQ member.
Designated representatives must meet the following requirements:
- Be a “physical person” (i.e. an individual, not a corporation).
- Hold an insurance broker certificate.
- Be employed by an RCCAQ member firm.
Designating representatives
To ensure effective representation, designating representatives is easy!
- Log on to rccaq.com and go to the members-only section.
- Then select the member space sub-section.
- In the menu, click on “Assigning voting rights”.
Please note that under the RCCAQ’s bylaws, the number of representatives assigned to each firm or independent company depends on the number of brokers associated with that firm or company.
The number of representatives varies as follows:
|
Number of brokers
associated with the firm or company*
|
Number of representatives
|
|
1 broker
|
1
|
|
2-5 brokers
|
2
|
|
6-15 brokers
|
3
|
|
16-25 brokers
|
4
|
|
26+ brokers
|
5
|
* The number of representatives per firm/company was established by the Autorité des marchés financiers on March 1, 2022. This number automatically appears in the member profile based on the annual dues amount.
Please note that proxy voting is not permitted at RCCAQ meetings.
Need assistance?
If you have any questions on updating your designated representative list, please email Chantal Lussier, administrative assistant and HR coordinator (email link).
Have you misplaced your log-in info for the members-only section? If so, please contact Marie-Pier Proulx-Lauzon, marketing and member experience advisor (email link).
To ensure that you receive all the benefits of RCCAQ membership, please update your designated representative list today!
