has announced a revamped broker education suite of courses following a new set of guidelines issued by ASIC
The new Diploma of Insurance Broking has been streamlined and now covers 10 competencies rather than 13 but the content has been updated to reflect the changing role of the broker.
, managing director of Gold Seal
, said that the new ASIC
FNS15 guidelines brought about the changes but they have made the offering better for brokers.
“While everybody’s talking about better education for brokers, we’ve gone ahead and done it,” Baker said.
“We’re excited about what these courses offer brokers. The new requirements of FNS15 have allowed us to consider the education offering in a new light. We have taken the basic competencies and turned them into proficiencies actually relevant to brokers in the real world.”
Baker said that the changes to the Gold Seal
suite will see the standards of education raised, which is an important step for the industry.
“I’ve spoken a lot about the ‘race to the bottom’ that education standards have encouraged in the past,” Baker continued. “We have done everything we can to make these new courses as useful and relevant as possible within the guidelines.
“We are also encouraging brokers to supplement them with Gold Seal
’s suite of additional courses to raise their overall levels of expertise.”
“We know brokers need quality education now. We didn’t want them to wait a moment longer than they needed to benefit from these new courses.”
Speaking to Insurance Business
last week, in the wake of the NIBA and ANZIIF
education deal, Baker stressed that there is still a place in broker education for external providers.
“Absolutely, we firmly believe brokers need a choice for all their services and Gold Seal
, as the largest independent intermediary focused education provider, remains committed to delivering education programs that are designed to help brokers in the real world.
“As we always have done, we are more than prepared to meet this development and succeed on our merits.”