John Duncan has won the National Insurance Brokers Association (NIBA) broker of the year award for the NSW and ACT region.

Mr Duncan is CEO of JMD Ross Insurance Brokers in St Leonards, Sydney, and has worked in the industry since 1977.

The award was announced at a gala lunch at the Hyatt Regency in Sydney on Friday, where three finalists were in the running.

The young professional broker award was presented to Craig Anderson of Austbrokers ABS.

Winners of the national Stephen Ball Memorial Award for broker of the year and Warren Tickle Memorial Award for best young professional broker will be chosen from five regional winners and announced at the NIBA Convention in Hobart on September 4.