Vision and Purpose
VISION
To empower our members and community within the Insurance Broking Profession
NIBA is a membership association that works closely with members to define and deliver the organisations vision ‘to empower our members and community within the Insurance Broking Profession’ and purpose of being ‘the unified voice of the insurance broking profession across Australia’. The NIBA team supports the delivery of the agreed strategy with the President, Vice President and Board of Directors, alongside state and specialist committees focusing on our three strategic pillars of Advocacy, Professionalism and Community.
PURPOSE NIBA is the unied voice of the insurance broking profession across Australia
STRATEGIC PILLARS
Advocacy
Professionalism
Community
ANNUAL BUSINESS PLAN
Advocacy
Professionalism Community
NIBA advocates as the ‘one voice’ of insurance brokers and the insurance broking profession to: • governments; • regulators; • industry stakeholders; • media; and • the community.
NIBA sets out to develop and promote high standards of professional practice for insurance brokers in Australia through: • industry relevant education and continuing professional development; • a membership that subscribes to the Insurance Brokers Code of Practice; and • a framework for high standards of ethical and professional conduct by Members.
NIBA has an engaged community. Through various events and initiatives throughout the year, NIBA aims to: • provide Members with opportunities to meet, share, learn, grow and prosper; • promote the role and value of insurance brokers to the community; and • promote insurance broking as a profession of choice.
Membership at a Glance
14,264 total members
$34.1 billion in Gross Written Premiums
378
Principal Members
Members by state:
11,220 Brokers/ 3,044 Authorised
Client Servicing
ACT NSW
1%
SA
6.5%
30% 0.5%
TAS VIC WA
2%
Representatives
NT
29% 12%
1,315
QPIB’s
QLD
19%
Source: NIBA Member Data
NIBA | A Year in Review: November 2024 - October 2025 3
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