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

Nominees will be judged on the following criteria:  

1. Being an inspirational representative for the broking profession:  

• Commitment to the development and promotion of the insurance broking profession  i.e., participation in committees, mentoring opportunities, volunteer activities. Contribution towards the team in which you work.

2. Demonstrated professionalism in broking practice:

• Demonstrated integrity towards your clients and strength of insurer relationships 

3. Commitment to your professional development

• Achievements to date in your career 
• Outline of your career goals and how you plan to achieve them. 

4. Demonstrated contribution to the broader community:

• Demonstrate how your contributions have benefited the broader community. 

Eligibility

Nominees' eligibility criteria includes:  

• Be an individual member of NIBA and hold the designation of Associate or QPIB/QFSR.  
• Hold a full Diploma of Insurance Broking.  
• Worked for a minimum of three out of the last five years as a broker in Australia.  
• Be under 35 years of age as of 31 December in the year they are entering.  

Other conditions: 

• Individuals may only be nominated once. The number of nominations received per nominee bears no weight in their selection.  
• Individuals can be nominated in only one state or territory. For example, a person who has recently moved interstate will be eligible for consideration in only one location. Selection panels may choose to contact the nominee for them to determine which jurisdiction is most appropriate. 

Previous entrants and winners:

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

Who can nominate 

• Anyone in the insurance industry can nominate a broker.   
• Anonymous and self-nominations will not be accepted.  

Award Entitlements

The five state winners will participate in a virtual Professional Development Program (4-week program in August), attend the Vero Young Brokers Alumni Experience (4-day program in September) and receive complimentary access to the NIBA Convention (3-day program in October).  

The winner of the national Young Broker of the Year award, announced at the NIBA Convention, will receive a tailored learning experience to the approximate value of $10,000. Previous winners’ prize has included a trip to London to experience the international broking market and a study program at the Yale School of Management in New Haven, Connecticut (USA). 

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		Nominations open
MARCH	Tuesday 7 March 2023	Nominations close
	Friday 10 March 2023	Submissions close
	Monday 13 – Friday 17 March 2023	Submissions reviewed by State Committees
	Monday 20 – Friday 24 March 2023	State finalists announced
APRIL	Tuesday 4 April 2023	State Award Panel Interviews – WA
	Wednesday 5 April 2023	State Award Panel Interviews – NSW/ACT, Vic/Tas & Qld
	Thursday 6 April 2023	State Award Panel Interview – SA
MAY	Friday 19 May 2023	Gala Lunch VIC/TAS
JULY	Wednesday 12 July 2023	Gala Lunch NSW/ACT
	Friday 14 July 2023	Gala Lunch WA
	Wednesday 19 July 2023	Gala Lunch QLD
	Friday 21 July 2023	Gala Lunch SA/NT
AUGUST	Monday 7 August – Friday 1 September 2023	Vero Professional Development Program (Virtual)*
SEPTEMBER	Thursday 14 September 2023	National Award Panel Interviews (Sydney)**
	Friday 15 – Monday 18 September 2023	Vero Young Brokers Alumni Experience (NSW)**
OCTOBER	Sunday 8 – Tuesday 10 October 2023	NIBA Convention (QLD)**

 

*Approx 2-3hrs time commitment per week required. The program includes a combination of tailored education sessions, mentoring opportunities and group community project work.

**Vero coordinate and fund travel requirements

Young Broker of the Year award winners