Department of Finance - Government of Northwest Territories

Office of the Superintendent of Insurance

What we do

The Office of the Superintendent of Insurance (OSI) and the Superintendent of Insurance (SOI) regulates the business of insurance in the Northwest Territories (NWT) and enforces the NWT Insurance Act and Regulations.

The Act applies to all insurance business, whether it is done in person, in writing, over the telephone or online.


The Act requires that all Insurers operating in the Northwest Territories to be licenced. This includes life, sickness and accident insurance, and property and casualty insurance.


The Act also requires all insurance agents, salespersons, and adjusters to be licenced, regardless of whether or not that person is a resident of the Northwest Territories.

Our work includes

Advising the insured on positions taken by the insurance industry concerning claims, premium ratings and underwriting decisions; and interpreting the NWT Insurance Act and its regulations for insurers and insurance agencies.

For insurance inquiries and complaints please visit here.

Issuing annual reports that provide a statistical overview of the business of insurance in the NWT, a summary of licensed individuals and companies, and an abstract on premium tax remitted.

Superintendent of Insurance Reports, Bulletins and Notices can be found here.

Collecting taxes on gross premiums and fire premiums on business transacted during the taxation year.


The NWT is a member of in the following organizations: