NIBA's weekly e-newsletter, Broker Buzz, is packed with the latest industry and product news, regulatory updates, forthcoming events and seminars.
On Monday 23 May, NIBA has today congratulated the Labor Government on its election victory.
“NIBA would like to congratulate Anthony Albanese on being elected as Prime Minister. We look forward to working with the new Government in achieving the best outcomes for our members and the broader community, in which insurance brokers play a critical role’’ said NIBA CEO, Philip Kewin.
NIBA has worked with both sides of politics in a bipartisan approach and will continue this approach going forward.
“We acknowledge that Labor made a commitment to increase investment in resilience of communities through a Disaster Ready Fund, which is a good starting point. NIBA looks forward to working with the incoming Labor Government, the Opposition and the cross bench on important issues such as resilience, as well as the implementation of the recommendations from the Quality of Advice Review to be handed down in December 2022,” Kewin added.
NIBA is proud to announce the South Australian/Northern Territory finalists for the Vero sponsored Young Broker of the Year Awards.
The 2022 floods affecting South-East Queensland and Northern NSW have now reached $4.8 billion in insured damages, according to latest data from the Insurance Council of Australia (ICA).
The Federal Government has announced a $5.2 million increase in funding for financial counselling support in communities affected by the New South Wales and Queensland floods earlier this year.
Last week, the life insurance industry announced the formation of a new dedicated peak body, the Council of Australian Life Insurers (CALI) and the publication of a new Life Insurance Code of Practice.