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Gold Seal hails ‘boom time’ in broker education market

Broker education provider Gold Seal says the year has started with an “education activity boom”.

New enrolments are up 57% on this time last year.

MD Sheila Baker says a “flurry of activity” in the insurance education market is “a good sign for the industry”.

She says “the changing education landscape of new courses and providers” gives brokers and other insurance intermediaries more options.

“We strongly support quality training practices and hope this increased interest in education activity continues, helping brokers and intermediaries serve their clients,” she said.

“We urge brokers to take the opportunity of the changing education landscape to consider carefully their choice of education provider.”

Last November the National Insurance Brokers Association (NIBA) announced it was vacating the insurance education market and closed its NIBA College.

The following month the Melbourne-based Insurance Academy entered the education market with a suite of online courses and workshop training.

Allan Manning’s LMI Group is the latest entrant. In February it acquired a stake in Brisbane training provider the Financial Services School.