NIBA's weekly e-newsletter, Broker Buzz, is packed with the latest industry and product news, regulatory updates, forthcoming events and seminars.
Over his long career, Gary Okely has seen the broking industry mature and transform, and credits NIBA in playing a key role to drive continuous professionalism.
But the challenge he sees ahead is to attain widespread community recognition for the strategic role brokers play in advising their clients.
“Our industry goes from helping families, to advising the country’s biggest corporations,” Gary says. “When I look at the impact of the work we do with businesses of all sizes, our services and advice have significantly progressed.
“As well as advising on risk protection, brokers bring risk management advice, actuarial knowledge, claims management and expertise. We have evolved into professional advisers rather than insurance transactors.
“I believe that we should be given the same respect as the big advisory firms such as KPMG or PwC. The work we do is of equal standard and individual clients see us as their trusted advisers, but we need to build this reputation more across the general population. That will allow the broking industry to gain greater respect, recognition and be recognised as a career choice that is attractive to the next generation of talent.”
For the full article, go to page 24 of the April issue of Insurance Adviser.
Last Friday, NIBA paid tribute to industry legend Graham Stevens and commemorated his achievements through the inaugural Graham ‘Bear’ Stevens Trophy.
On Friday 20 May, the Victorian broking community gathered together at the Crown Melbourne to network and celebrate achievements in a very challenging market.
The Federal Government and Queensland Government have announced last week a further joint $720 million package to provide continuing support to Queensland's flood recovery.
NIBA has congratulated the Labor Government on its election victory.