NIBA brokerages shine at Australian Insurance Industry Awards

NIBA members triumphed at last night’s Australian Insurance Industry Awards, taking out all three Broker of the Year trophies.

In the Small Broker category, Melbourne-based IBL Limited claimed top honours ahead of Parmia Insurance and Simplex Insurance Solutions.

Geelong’s Roderick Insurance Brokers was named the Medium Broker of the Year ahead of Austbrokers Countrywide and Scott Winton Insurance Brokers, while

Aon bested Marsh and OAMPS to claim the top spot in the Large Broker category.

The awards were announced at a gala event in Sydney last night, in front of a crowd of more than 750 insurance professionals.

NIBA CEO Dallas Booth says it is especially pleasing to see such great success for NIBA member brokerages.

“There is a lot of talent out there in broking in terms of professional expertise and customer service and I’m delighted for all our finalists and winners tonight who have been recognised for the great work they do every day.”

Booth was on the judging panel for this year’s awards, but was not involved in deciding the broker award winners.

Winners list

Large General Insurance Company of the Year – Allianz

Small/Medium General Insurance Company of the Year – National Transport Insurance

Broker of the Year (Small) – ­IBL Limited

Broker of the Year (Medium) ­– Roderick Insurance Brokers

Broker of the Year (Large) – Aon

Law Firm/Practitioner of the Year – HWL Ebsworth Lawyers

Life Insurance Company of the Year – AIA

Claims Service Provider of the Year – National Transport Insurance

Underwriting Agency of the Year – Brooklyn Underwriting

Service Provider to the Insurance Industry – Recoveries Corporation Group Limited

Innovation of the Year – BT Financial Group

Reinsurance Company of the Year – Swiss Re

Insurance Leader of the Year – Terry Towell

ANZIIF Lifetime Achievement Awards – Ian Brown, Jim Minto, John Richardson, Lach McKeough and Joan Fitzpatrick

Allianz Managing Director Niran Peiris says the win, the insurer’s fourth in the category, validated the work the Allianz team does for partners and customers.

“I am proud of the team and thank them for their dedication to delivering in those times when our customers need us most, something we call ‘The Allianz Experience’,” he says.

Allianz was also named the inaugural Employer of the Year for Women.

Women hold almost a third of senior management positions at Allianz and Peiris says gender diversity is inextricably linked to their success.

“Through parental leave and phased retirement options we aim to reduce barriers for women in the workforce and provide opportunities to harness and develop the best talent in our company,” he says.

“We not only believe this is the right thing to do, but that it is also good for business.”

Aon Risk Solutions Pacific Region Chairman Steve Nevett says: “The fact that the awards are judged by our peers makes them all the more meaningful and is a genuine sign that we are making real strides as leaders in delivering client value.”

Aon also received the inaugural Generation i Youth Development and Employer of the Year, in recognition of its investment in developing young talent. The firm has a 82% retention rate among young professionals.

Meanwhile, the finalists for NIBA’s Broker of the Year Award and the Warren Tickle Award were announced late last month.