NIBA Insurance Adviser Magazine June-July 2026

CEO / Welcome

The Profession At Work For most brokers, June means one thing: renewals. It is one of the busiest periods in the broking calendar — a concentrated stretch where the demands on time, A Code Worth Shaping The Code of Practice review has reached its next significant milestone. After more

Celebrating the Profession Before October, July brings the Gala Lunches — and with them, the announcement of state finalists for Young Broker of the Year and Broker of the Year. These events are a genuine celebration of the profession at work: brokers who have gone above and beyond for their clients, their colleagues and their communities. Thank you to Vero and CGU for their continued support of these awards. The profession has done significant work in the first half of 2026 — in advocacy, in delivering research, in developing talent. The second half offers the opportunity to see that work land. I look forward to seeing many of you at the Gala Lunches and at Convention in October.

than 200 contributions from brokers, clients, regulators, government and consumer advocates, NIBA has completed the first phase of consultation. A draft of the 2027 Code will be released shortly for a second round of consultation. A Code only earns trust if the people bound by it have genuinely shaped it. I urge all our members to use every opportunity to engage: read the draft, join the webinars, and have your say. Your input will directly shape the final standard. Investing in the Next Generation The 2026 NIBA Mentoring Program has concluded, and the results speak to what this profession is capable of when experienced brokers commit to lifting those coming through. Every mentee reported good progress toward their personal and professional goals. 95% of participants were satisfied with the program; 88% of pairs plan to stay in touch. Thank you to every mentor and mentee who gave their time and trust to make it work. That investment in people carries forward to October, when the NIBA Convention will introduce, for the first time, a dedicated Young Professionals pathway — a curated stream of sessions and events designed specifically for the next generation of broking leaders.

expertise and client relationships all peak at once. As we move into July, I hope you have had a moment to breathe, take stock, and acknowledge the work you and your teams have put in over what is, for many, the most demanding month of the year. That effort matters beyond the individual transaction. Every renewal conversation is an opportunity to demonstrate the value of professional advice — to help a client understand what they are covered for, where their exposures sit, and what the right response to a changing risk environment looks like. In a year where economic pressure, climate volatility and regulatory complexity are all bearing down simultaneously, that frontline role has In June, NIBA President Nick and I were in Canberra, meeting with parliamentarians and senior officials across all sides of government. Conversations with Shadow Treasurer Hon Tim Wilson MP, Shadow Assistant Treasurer Hon Kevin Hogan MP, and Minister for Small Business Hon Dr Anne Aly MP centred on insurance affordability, accessibility and the ongoing Parliamentary Inquiry into small business insurance. We also met with Treasury to advance two priority issues for the profession: the long-term sustainability of the Compensation Scheme of Last Resort and the effectiveness of professional indemnity insurance for financial services licensees. These meetings are part of an ongoing commitment to ensure that when policy decisions affecting the profession are being made, the broker perspective — and the client perspective behind it — is part of the discussion. never been more important. Your Voice in the Right Rooms

RICHARD KLIPIN Chief Executive Officer, NIBA

From a First Timers Event on Sunday evening to a Young Professionals Morning Masterclass and a dedicated networking evening on Monday, the pathway is built around the insight that our profession's future depends on how well we connect, challenge and inspire the brokers who are just finding their footing.

6 / INSURANCE ADVISER JUNE/JULY 2026

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