The Broker
'Critical time ahead' as NIBA looks back on 40 years
04 August 2022
The upcoming National Insurance Brokers Association summit in October – themed Trust, Professionalism, Community – will mark the group’s 40th year, in one of the most challenging periods for the sector...
Brokers weigh in as 'side hustle' issue rolls on
04 August 2022
The fallout continues over news reports that many Australians with home-based businesses have been told that such activities will invalidate their home and contents insurance...
AFCA backs broker over BI claim dispute
04 August 2022
The Australian Financial Complaints Authority has found against a policyholder who argued that a broker failed in its duties by not lodging a pandemic-related claim for business interruption cover...
Broking pioneer Len Hanning dies
04 August 2022
Prominent Australian insurance broking figure Leonard Hanning, the former CEO of brokerage Alexander Howden and CE Heath, has died at the age of 79...
Set for November: compliance body spotlights code changes
04 August 2022
The Insurance Brokers Code Compliance Committee has released a paper comparing the 2014 code of practice and the revised version that comes into force later this year, highlighting the significant differences...
Insurance Brands Australia outlines digital ambitions
04 August 2022
Insurance Brands Australia – the parent company of independent Melbourne-based brokerage Insurance House – is set to launch a new website and suite of direct online products next month...
Disaster-prone Australia needs more than just insurance: Honan
04 August 2022
Home insurance cannot continue to be the only answer when natural disasters strike, and there must be greater government action taken to prevent further flooding, Honan Insurance says...
Broker profile: 'professionalism in Australia is very high'
04 August 2022
Grace Insurance Director Frans du Plessis, a 2022 finalist for NIBA WA Broker of the Year, embraced broking after studying law in his native South Africa and working in photography and videography...
Quality of Advice review to release interim paper
21 July 2022
The Federal Government Quality of Advice review is planning to release an interim paper around the middle of next month that will include proposals for reform...
Butcher loses bid for extra $45,000 from broker after fire
21 July 2022
A butcher shop owner seeking business interruption compensation from his broker for failure to bump up the sum insured as instructed has lost the case...
There and back again: acquired broker's AR journey
21 July 2022
To have started your own insurance business from scratch and sold it to an international giant, all by the age of 38, isn’t bad going – and Chris Park puts it down to an industry full of opportunity, the authorised representative model, and bucket-loads of hard work...
Strata review highlights retail client status for disclosure
21 July 2022
The Trowbridge review of strata insurance has highlighted that cover offered to owners corporations for residential buildings should be treated as retail policies “with all their associated disclosure and other regulatory obligations”...
Guide for supporting vulnerable broking clients released
21 July 2022
The National Insurance Brokers Association has prepared a Vulnerable Clients Guide for its members ahead of the November 1 start date for the new brokers code of practice...
ANZIIF to crown broking award winners next month
21 July 2022
Aon, Gallagher, Honan, Insurance Advisernet and Marsh are are the 2022 finalists vying for this year’s Large Broking Company of the Year award from the Australian and New Zealand Institute of Insurance and Finance...
Broker profile: 'I've never worked in a soft market'
21 July 2022
Brisbane-based Marsh Senior Sales Executive Kate Martin says broking is a creative way to spend her days, with plenty of variety and surprise...
IT challenges delay key code section's implementation
07 July 2022
The “disclosing remuneration” section of the National Insurance Brokers Association’s new code of practice will take effect a year later than expected after members raised implementation concerns...
Commissions: an alternative view
07 July 2022
The National Insurance Brokers Association has been very clear about commissions – banning them would cause “significant detriment” to the industry and consumers...
Construction industry seeing large premium increases
07 July 2022
The construction industry is seeing some of the largest increases in premiums as inflation, supply pressures and natural catastrophes affect the broader insurance renewals market, Honan Head of Placement Travis Wendt says...
Howden acquires NZ broker
07 July 2022
Howden Broking has announced the acquisition of New Zealand-based broker and risk manager Wallace McLean as it continues its expansion into the Pacific region...
Broker profile: 'Insurance has been very good to us'
07 July 2022
Heather Peirano is the MD of Piranha Insurance Brokers in Queensland, an active industry representative and national leader who says being engaged with community is key...