Today is Friday, 3 September 2010 
 

Membership

IBNA is a leading intermediary network in Australia with independent broking firms operating from more than 80 sites around the country.
 
We provide members with a comprehensive range of competitive general insurance facilities, including personal and commercial markets. This is achieved through strategic partnerships with major Australian underwriters.
 
IBNA members represent a significant distribution channel for insurers, collectively controlling business worth more than $800 million a year.
 
Why join IBNA
 
The main benefit of becoming a member of a cluster group is the buying power and flexibility to negotiate with Underwriters on tailored insurance product packages and policy wordings, reflecting the needs of its Members.
 
Furthermore, Cluster Groups also provide other vital tools to assist brokers in running their businesses more effectively and keeping up to date with industry trends and reform requirements. The IBNA Cluster Groups offer the following benefits.
 
Automatic Member of AIMS
 
All IBNA members receive all the benefits of the AIMS network. Click here for more information
 
Insurance Products
  • A wide range of Insurance Products across a broad panel of Insurers and risk types
  • IBNA Generic Policy Wordings
  • Online facility for assistance from Member network for hard to place risks - Member Assist
  • Access to schemes and facilities offered by other Members
  • Premium Funding relationships
Compliance & Procedures
  • IBNA Compliance Program
  • Compliance Helpline funded by IBNA
  • Broker Compliance Control - online monitoring and maintaining AFS License Compliance program
Member Benefits
  • Group PI Policy
  • Group Management Liability Policy
  • Group Corporate Travel Policy
  • Group Motor Vehicle Policy
  • Increased commission from Underwriters
  • Participation in a rebate scheme where a large proportion of IBNA's revenue from suppliers is returned to the generating member
  • Member network Australia wide
  • Regional Conferences and Meetings
  • Annual Convention
  • Ongoing CPD training days
  • Product Training
  • Bulk buying/office  & personal expense reductions e.g. discounts on vehicle fleets, stationary, printing, travel, banking services, office equipment, etc.
  • Employee Assistance Program
  • Policy Comparison
How to Join

The quality of IBNA members is the source of our competitive advantage, and therefore certain minimum criteria must be met before membership can be considered. These are listed in the following document Criteria for Membership, but alone do not necessarily guarantee acceptance. Each application for membership will be considered on a case-by-case basis.

If you meet our initial membership criteria, we would be delighted to hear from you. We will require a fully completed application questionnaire which captures information about your business, people and systems. Please contact our office to request a print friendly or electronic version of the form. All applications will then be subject to the course of action outlined in Procedure to become an IBNA Member.

Acceptance

On acceptance to IBNA membership, we will execute a Deed of Licence with you and issue an invoice for your subscription. Annual membership renewals are due on July 1 every year. Once we receive payment you will be issued with a new member pack, containing all the information required to start using our facilities.

Membership Inquiries

To progress your interest in membership further please contact our National Office on (02) 8913 1640 or complete the following Membership Application Form.

You may also find the following documents of interest:

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