Who we are
The Real Estate Insurance Exchange (REIX) was established in 1991 when the real estate industry voted for self-insurance in order to provide reliable errors and omissions insurance. We’re a non-profit organization which means that premiums are used to pay the costs of defending claims and surplus funds are used to keep premiums low. REIX is a mandatory program which means that all real estate licensees in Alberta and Saskatchewan must be insured by us.
What we do
We provide cost-effective, financial protection for industry members in Alberta and Saskatchewan. We act on behalf of our subscribers to protect them from losses that result from errors, omissions and negligent acts while performing their real estate duties.
Members of the Public
We do not accept claims directly from members of the public. It is up to the subscribers to report the claim or potential claim to REIX.
If you believe you have a claim for loss due to an error, omission or negligent act committed by a real estate industry member (who we refer to as our “subscriber”), you should notify that subscriber and/or their managing broker. You may also want to seek independent legal advice.
We provide Errors & Omissions (E&O) liability insurance to our Alberta and Saskatchewan subscribers.
Did you receive a claim or have questions for us? Learn who you should notify and what your legal obligations are.
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