Austbrokers & IBNA Member Services (AIMS) has signed a 12-month sponsorship deal with Young Insurance Professionals Australia and New Zealand.

The AIMS joint venture says it is delighted to back an organisation that supports the industry’s next generation.

“They approached us and we said absolutely, given the number of young brokers we have in the network,” GM Glenn Schultz told insuranceNEWS.com.au.

“Any organisation that helps young insurance professionals is going to be of huge value… and they have to find ways to fund themselves.”

The deal will initially be restricted to funding, but AIMS may help with training and technical resources in future.

Young Insurance Professionals spokesman Kathryn Considine told insuranceNEWS.com.au the independent group is “extremely excited” by the deal, which “demonstrates AIMS’ investment in the industry”.