Today is Monday, 8 September 2008 
 

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 and international underwriters.

IBNA members represent a significant distribution channel for insurers, collectively controlling business worth more than $800 million a year. To view this premium income by major class type please click here.

Why join IBNA

Joining IBNA helps brokers deal with the challenges of a tough market, while still retaining complete independence. IBNA members offer many years of successful business operations through membership and their success is shared across Australia, benefiting all IBNA members and their clients.

IBNA is totally committed to delivering value, both tangible and intangible, to members. Some of the benefits that membership brings are:

  • AIMS Membership
  • Product advantages, such as competitve rates, higher commissions, improved cover and exclusive products;
  • Funding solutions to facilitate business acquisition/succession planning;
  • Guidance and assistance for compliance with legislative changes;
  • Continuing education training days;
  • Participation in a rebate scheme where a proportion of IBNA's revenue from suppliers is returned to the generating member;
  • Broker representation in various industry bodies;
  • IT driven processes, including a highly informative members only website;
  • Member meetings, regional conferences and a national convention; and
  • Advanced communication to members.
Membership of IBNA also offers access to a facility for discounted professional indemnity insurance for IBNA members. By having members place their insurance through this facility they gain more power over reducing premiums through positive claims experience and negotiating policy coverage.
 
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 Inquiry Form and an IBNA representative will contact you shortly.

You may also find the following documents of interest:

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