The National Insurance Brokers Association of Australia (NIBA) has appointed a new President and Vice-President for two year terms, effective from 11 December 2014.
Graham Stevens, of Edgewise Insurance Brokers in Melbourne, becomes President, with Tim Wedlock of Austbrokers AEI Group in Sydney taking the Vice-President’s role.
Stevens is an Executive Director of Edgewise Insurance Brokers and has been on the NIBA Board of Directors since 2007. He was a Steadfast Board member from 1996 to 2012 and is a current Board Member of the Steadfast Foundation.
Wedlock, meanwhile, is Managing Director of Austbrokers AEI Group, and has been a member of the NIBA Board since 2010.
Stevens replaces David Wyner as NIBA President.Wyner, a Managing Partner of Reliance Partners in Melbourne, will remain on the NIBA Board.
“It’s a very great honour and responsibility to become the NIBA President and I’m very much looking forward to meeting as many members as possible as soon as I can to make sure we’re representing their interests as well as we can,” Stevens says.
“I’d like to pay tribute to David Wyner, whose enthusiasm and support for NIBA over the years has been second to none. I’m very pleased he’s remaining on the Board so we can collectively continue to benefit from his insight and experience.”
Stevens says the recent released Financial System Inquiry report posed a new risk that brokers would get caught up in a one-size-fits-all approach to financial regulation.
“The government is looking to put the onus back on to the various industry sectors and major players to self-regulate,” he says.
“What we do know is that through NIBA’s ongoing interaction with government that they understand that brokers are not the problem. NIBA has a 25 year history of providing the core components to promote Education and Professionalism.
“NIBA will continue to endeavour to ensure that we don’t get caught up in the problems of the rest of the financial sector by reinforcing the broker value proposition by understanding our clients and providing the right risk management and risk financing.”