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National Insurance Brokers Association (NIBA) CEO Dallas Booth believes that 2021 will be an interesting year for insurance brokers, “NIBA has been examining a plethora of legal and regulatory updates on behalf of our members and we are engaged in a lot of discussions with the Treasury and the Federal Government to ensure that insurance intermediaries’ concerns are represented to policy makers.”
Booth has listed the top five focus areas for NIBA in 2021 as follows:
He said, “Late last year we asked our members to provide input to NIBA’s 2020-21 policy strategy, we were overwhelmed with responses from brokers all over Australia. As the representative body for insurance intermediaries, we will continue to engage on these and other important issues. If you would like to provide input on any of these or other issues please contact NIBA’s policy and research manager here.”
NIBA members looking to take on new trainees may be eligible for a 50 per cent wage subsidy for the first year
As domestic and international travel become accessible again, travel insurance will undoubtedly need to adjust to meet consumer expectations
ASIC warns time is fast running out for insurance claims handling AFS licence applications
NIBA has provided a submission on behalf of members to the review of AFCA