NIBA / Representation
Shaping the Agenda NIBA continues to play a central role in influencing public policy and advocating for the interests of the broking profession. In this edition of Shaping the Agenda, we provide an update on NIBA’s latest submissions and engagements with government, regulators, and key stakeholders.
AFCA Approach to Family Violence
Inquiry into the Climate Risk Assessment National Insurance Brokers Association appeared before the Senate Environment and Communications References Committee’s inquiry into the National Climate Risk Assessment. The report, which was released late September, presents a national overview of climate-related risks and their potential impacts on Australian communities. It has become a focal point for industry, government, and community groups grappling with the increasing frequency and severity of extreme weather events. disaster mitigation and resilience at both the community and household levels. Highlighting that disaster spending in Australia remains heavily weighted toward recovery rather than prevention, and pointed to the positive outcomes achieved NIBA used this opportunity to reinforce its calls for long-term investment in in Roma, Queensland, where targeted mitigation works have helped reduce flood impacts and improve community resilience. The Committee is due to deliver its final report to Parliament by 20 November 2025.
AFCA has consulted on its new draft approach to family violence, supporting its intent to strengthen protections for victim- survivors and improve fairness across financial services. NIBA’s submission noted that general insurance presented distinct challenges and that AFCA’s guidance needed greater clarity and balance to remain practical for the sector. NIBA highlighted the vital role brokers play as trusted advisers, often identifying early signs of financial abuse and helping vulnerable clients navigate complex claims. It urged AFCA to recognise this role explicitly in its final guidance. The submission also raised concerns about how joint policy consent and claim settlements would be managed in family violence situations, warning of potential risks and delays. NIBA encouraged AFCA to provide clearer thresholds, proportionate expectations, and practical examples to support fair and consistent outcomes.
NIBA Head of Policy and Advocacy, Allyssa Hextell and NIBA CEO Richard Klipin appeared before the Senate Environment and Communications References Committee.
8 / INSURANCE ADVISER OCTOBER 2025
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