Insight Insurance Brokers Association is opening up its criteria for membership to allow independent authorised representatives (ARs) to join in their own right as Associate Members.
“The main target will be ARs from regional and rural areas but ARs from metro areas are also welcome to apply for membership,” said Insight Executive Officer Bill Friend ahead of their annual conference. “Many authorised representatives still operate in areas outside Australia’s main centres. Some are second or even third-generation insurance people, they represent three or four insurers and in many ways operate like small brokers” he said. “They need the sort of representation, support and assistance that Insight offers its members.”
He said Insight is seeking to recruit authorised representatives with more than five years’ experience whose businesses concentrate primarily on general insurance and who work through several different insurers.
“We are looking to recruit independent authorised representative members who can see the benefit of being part of a larger group like Insight. They will have access to all of the benefits and services offered to our existing members. Long term if they want to become licensed brokers then through our contacts in the industry we can assist them in applying for their licence. We believe that this is something that would be attractive to many ARs.
“We don’t intend to move away from being a broker-driven organisation,” he said. “But we do recognise that there are authorised representatives around who have theexperience, knowledge and commitment to providing outstanding customer service that would make them a more than suitable member of Insight.”
Over the past five years Insight has grown from a group of 15 mostly Victorian members with $75 million in gross written premium to more than 34 national members with in excess of $200 million gross written premium.
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