NIBA celebrates the achievement and contribution of an outstanding member, under the age of 35, through the annual Young Broker of the Year award in five regions - NSW/ACT; Vic/Tas; SA/NT; WA and Qld. The winner of the national award is selected from the state winners.  

The award began in 1990 in honour of Warren Tickle, a former Insurance Commissioner and insurance lecturer. He was the Commissioner responsible for the implementation of the Insurance (Agents & Brokers) Act 1984. Warren’s early insurance career was at Sun Alliance, today known as Vero, the sponsor of this award. 

 

Criteria

1. Being an inspirational representative for the broking profession: 

• Commitment to the development and promotion of the insurance broking profession to share, grow and prosper i.e., participation in committees, mentoring opportunities, industry events. 
• Contribution towards the team in which you work. 

2. Demonstrated professionalism in broking practice: 

• Demonstrated professionalism and integrity towards your clients. 
• Demonstrated professionalism and strength of insurer relationships. 
• Commitment to your professional development  

3. Demonstrated contribution to the broader community: 

• Demonstrate how the broader community has benefited from your contributions. 

For the Young Broker of the Year Award at a State/Territory based level, nominees will be judged on the award criteria based on: 

• Strength of submission (25%) 
• Panel interview (75%) 

For the National Young Broker of the Year Award, nominees will be judged on the award criteria based on: 

• Panel interview (50%)  
• Participation and contribution in the Professional Development Program (virtual) (25%)   
• Participation and contribution in the Vero Young Brokers Alumni Experience (25%) 

Eligibility

To be eligible, nominees must meet the following: 

• Be an individual member of NIBA and hold the designation of Associate or higher.  
• Hold a full Diploma of Insurance Broking.  
• Have a minimum of 3 out of the last 5 years of broking experience in Australia.  
• Be 35 years of age or under as of 31 December in the year they are entering.  
• Applicants must be available to participate in all award activities as outlined below. 

Previous entrants and winners: 

• Past entrants to the award can re-enter. 
• Previous winners will not be eligible for the award.

Who can apply or nominate 

• Anyone in the insurance industry can nominate a broker 
• Anyone in the insurance industry working as a broker can self-nominate  

Award inclusions

State winners engage in the Vero Professional Development Program, Vero Young Brokers Alumni Experience, and NIBA Convention. The national winner, revealed at the NIBA Convention, receives a tailored learning and development experience valued at $10,000. 

Key dates

Entrants must be available to participate in their state's Award Panel Interview and Gala Lunch, as well as all other award activities as outlined below. 

Month	Date	Activity
FEBRUARY	Wednesday 14 February 2024	Nominations open
MARCH	Friday 5 April 2024	Nominations close
APRIL	Friday 12 April 2024	Submissions close
	Monday 15 – Friday 26 April 2024	Submissions reviewed by NIBA Divisional Committees
	Monday 29 April – Friday 3 May 2024	Shortlisted candidates notified
MAY	Wednesday 15 May 2024	State panel interviews in capital cities
JULY	Wednesday 10 July 2024	State winner announced at Gala Lunch NSW/ACT
	Friday 12 July 2024	State winner announced at Gala Lunch WA
	Wednesday 17 July 2024	State winner announced at Gala Lunch QLD
	Friday 19 July 2024	State winner announced at Gala Lunch Vic/Tas
	Friday 26 July 2024	State winner announced at Gala Lunch SA/NT
AUGUST	Monday 5 August – Friday 6 September 2024	Vero Professional Development Program (Virtual)
SEPTEMBER	Thursday 19 September 2024	National Award Panel Interviews *
	Friday 20 – Sunday 22 September 2024	Vero Young Brokers Alumni Experience *
OCTOBER	Sunday, 20 – Tuesday, 22 October 2024	NIBA Convention, Adelaide *

 

*Award sponsor to coordinate and fund travel requirements

Young Broker of the Year award winners