Last year was a significant time for Dallas Booth and NIBA. Booth was one of seven industry members selected for a reference panel assembled to support the Federal Government’s Northern Australia
Insurance Premiums Taskforce, examining the region’s insurance affordability crisis. Additionally, lobbying by NIBA’s Board is said to have ensured government concerns about professionalism and ethics in the financial services sector in Australia have not extended to general insurance brokers. One particular highlight came just before Christmas, when the Assistant Treasurer delivered the news that general insurance brokers would be completely exempted from new legislative requirements designed to lift educational and ethical standards for financial advisers. NIBA’s momentous education deal with ANZIIF affords the association the opportunity to place heightened focus on its member representation activities. How will that heightened focus deliver greater outcomes to the broking community in 2016 and beyond?