Brokerbility introduces new membership framework

Move a result of engagement and feedback
Brokerbility introduces new membership framework
BUSINESS RESILIENCE
By Terry Gangcuangco
19 Apr 2023

Network Brokerbility has listened to both members and non-members to come up with a new membership framework aimed at making every partner feel valued and part of “a true community” through collective working and knowledge sharing.

In an emailed release, Brokerbility said large-scale broking groups and those with multiple brands will be considered foundation partners; independent brokers, core partners; brokers with a strong trajectory, growth partners; an incubator for startups and appointed representatives, launchpad partners; and insurer tech and innovative services, affiliate partners.

The network believes the new framework reflects the stage Brokerbility members have reached in their growth journey.

“Brokerbility membership has always been about being part of a community where members feel valued and heard,” said managing director John Dunn (pictured). “So, we have listened to our members and others from across the broking community to uncover what they seek from a network.

“This proposition refresh of Brokerbility therefore provides the tools and resources to support our members’ growth ambitions in an environment where they can benefit from collective working and knowledge sharing.”

Other network enhancements

In addition to the revamped membership framework, Brokerbility is also making sure that its members are aptly supported via a range of improved services. 

“This includes compliance support, an enhanced training programme through the Brokerbility Academy, high-quality events and networking, along with refreshed exclusive schemes and member propositions,” noted the network.

“Brokerbility has also partnered with Broker Insights to provide members with an effective online product placement capability, which will transform the way members trade with the network’s insurer partners, enabling mindful insurer placement.”

Meanwhile, later this year, the plan is to also roll out a pathway to regulated status for startups and ARs. The idea is to offer funding and mentoring support from larger Brokerbility members.

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