Ace the 2026 RIBO Exam – Boost Your Insurance Broker Swagger!

The requirement to notify about any changes in their employer is essential for newly registered insurance brokers. Keeping the regulatory body informed ensures that all records are current and that the broker is operating under a compliant and appropriately licensed organization. This notification is crucial for maintaining the integrity of the broker's registration and ensuring that they follow the necessary guidelines and standards that govern their practice within the industry.

In the context of the other choices, updating contact information alone does not encompass the broader responsibility of keeping the regulatory body informed about employment changes. Switching employers within the first year is not a standard requirement; brokers can work with their initial employer as long as they remain compliant. Additionally, providing annual performance reviews, while important for personal and professional development, is not a regulatory requirement for maintaining broker registration.