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QBE makes it seven in a row as broker favourite

QBE Australia has won the highly coveted National Insurance Brokers Association’s (NIBA) General Insurer of the Year award for the seventh year running. Presented at NIBA’s 26thAnnual Convention, the award is the most prestigious acknowledgement of excellence a general insurer can receive.

NIBA Chief Executive Noel Pettersen says the award – which recognises the quality of service provided by insurers – is unique as it is voted on by brokerages from all over. “It is a clear endorsement of the winner’s commitment to quality service and strong working relationships with brokers because it is the broking community who selects the winner.

NIBA brokers around were asked to rank the insurer that performs the best overall on a range of important product and service quality factors.

QBE Executive General Manager of Intermediary Distribution Colin Fagen acknowledged the close contest in accepting the award, which he said was testament to the quality and depth of QBE staff. “We’re always looking to review the next innovation,” he said. “We don’t rest on our laurels. That, combined with our underlying financial strength and our strategy, positions us well.

Only national insurers operating in the broker market are eligible for inclusion in the award.

The runner-up for the 2008 NIBA General Insurer of the Year Award was Zurich Financial Services Australia, closely followed by Chubb and CGU on equal standing.

ENDS 

For further information contact Noel Pettersen on 02 9459 4300

NIBA is an independent industry association representing 500 firms and more than 2600 intermediaries, who handle almost 90% of the commercial insurance transacted in. Brokers play a major role in insurance distribution, handling $10 billion in premiums annually and placing around half of ’s total insurance business.

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