NIBA has mapped out its key priorities for the next three years, and attracting more young talent to the industry has moved near the top of the list.
Guided by insight provided by the recent NIBA Principal Members survey, the Board met late last year to review the organisation’s role and objectives, refining its mission statement and goals.
For the most part, it means business as usual, with a strong focus on representing the interests of brokers to governments, regulators and the media, while enhancing the professionalism of members through on-going training, CPD and the Code of Practice.
Changes include developing a new framework for high standards of ethical and professional behaviour by members, as well as promoting careers in insurance.
Although NIBA, along with the Insurance Council and ANZIIF, has already given its support to an industry-wide venture aimed at raising awareness of careers in insurance to school leavers and university graduates, NIBA’s National Education Committee will also look at ways of specifically highlighting careers in broking.
New NIBA President Graham Stevens said that the Board’s review of NIBA’s goals and objectives provides a clear way forward for the next few years.
“We’re taking all the good work that has been done in recent years and we will develop and enhance that in the context of the issues and challenges facing brokers today.”
NIBA has mapped out a new set of key initiatives:
The NIBA Mission
NIBA is the one voice for insurance brokers in Australia, representing their interests and promoting high standards of professionalism and competence.
NIBA’s goals and objectives
Represent the interests of Members to governments, regulators, industry stakeholders, the media and the community in a manner that is respected and relevant.
Develop and promote high standards of professional practice for insurance brokers in Australia for the benefit of their clients and the community. This will be achieved through:
Education: Industry relevant education and continuing professional development;
Code of Practice: A membership that subscribes to the Insurance Brokers Code of Practice; and
Professional Standards: A framework for high standards of ethical and professional conduct by Members
Provide Members with opportunities to meet, share, learn, grow and prosper;
Promote the role and value of insurance brokers to the community; and
Promote insurance broking as a desired profession.