The Broker of the Year Award, proudly sponsored by CGU celebrates the depth of talent within the insurance broking profession. The Award acknowledges an exceptional broker who demonstrates a high-level of professionalism, integrity and devotion to their clients.

A deserving winner is selected from each division; NSW/ACT, Qld, SA/NT, Vic/Tas and WA who then go on to compete for the National Broker of the Year title and the Stephen Ball memorial trophy.

The award honours the late Stephen Ball and his tremendous contribution to the insurance broking industry, as a former JLT Australia Chairman and NIBA President. 

 

Criteria

Nominees will be judged on the following criteria:

1. Being an inspirational representative for the broking profession: 

• Commitment to the development and promotion of the insurance broking profession to share, grow and prosper i.e., participation in committees, mentoring opportunities, industry events. 
• Contribution towards the team in which you work. 

2. Demonstrated professionalism in broking practice: 

• Demonstrated professionalism and integrity towards your clients. 
• Demonstrated professionalism and strength of insurer relationships. 
• Commitment to your professional development  

3. Demonstrated contribution to the broader community: 

• Demonstrate how the broader community has benefited from your contributions. 

For the Broker of the Year Award at a State/Territory based level, nominees will be judged on the award criteria based on: 

• Strength of submission (25%) 
• Panel interview (75%) 

For the National Broker of the Year Award, nominees will be judged on the award criteria based on: 

• Panel interview (75%) 
• Participation and contribution in the Professional Development Program (25%)  

Eligibility

To be eligible, nominees must meet the following: 

• Be an individual member of NIBA and hold the designation of QPIB. 
• Hold a full Diploma of Insurance Broking. 
• Have a minimum of 3 out of the last 5 years of broking experience in Australia. 
• Applicants must be available to participate in all award activities as outlined below. 

Previous entrants and winners: 

• Past entrants to the award can re-enter. 
• Previous winners will not be eligible for the award. 

Who can apply or nominate

• Anyone in the insurance industry can nominate a broker 
• Anyone in the insurance industry working as a broker can self-nominate                                                                                                

Award inclusions

State Broker of the Year Prize

The CGU and JAWUN Ngarrindjeri Country Immersive Experience and Capability Building Workshop is an immersive 3-day/3-night program, exclusively designed for an intimate cohort of the five state NIBA Broker of the Year winners and five senior CGU leaders. The program aims to foster a deep understanding of Ngarrindjeri country and its Indigenous partner organisations through guided regional tours, exclusive insights, and a unique interactive experience with an exceptional Indigenous organisation in the Lower River Murray region of South Australia.

In addition to cultural immersion, the program will focus on stretching the cohort’s leadership capability through building a comprehensive understanding of the challenges faced by Indigenous enterprises.

During the program, participants will work together to conduct an interactive insurance workshop that aims to empower Indigenous businesses with comprehensive insurance education and business insights. The primary focus will be on learning how to safeguard their enterprises to effectively adapt as they evolve.

The CGU and JAWUN Ngarrindjeri Country Immersive Experience and Capability Building Workshop will enable brokers and CGU executives to develop cultural understanding, enhance their leadership capabilities, and contribute to the empowerment of Indigenous businesses through collaborative education and resource development.

 

 

National Broker of the Year Prize

CGU strives to back and reward broker ambition through education and insights.  The 2024 NIBA Broker of the Year will receive a 4-day executive education course at NYU Stern Business School during the Autumn class period April – June 2025.  

The prize includes return economy airfares and seven nights’ accommodation in Greenwich Village, the urban heart of New York City, conveniently located near the NYU campus.  And it won’t be all work – the winning broker will also enjoy a quintessential New York experience to round out their stay before we fly them home to put their newly acquired leadership skills into practice. Total prize value $21K.

Why NYU Stern?

Short executive courses at NYU Stern are designed for ambitious business professionals and high-potential managers to retool, advance, and expand their skills and knowledge in an ever-changing world. Participants come from more than 50 countries across six continents, immersing students in a diverse professional cohort that promises to stretch their thinking.

NYU Stern’s world-class faculty and over 100 years of business education back up an assurance that graduates will emerge from their intensive courses better equipped to master the challenges and opportunities of both their corporate environment and industry.

Key dates

Entrants must be available to participate in their state's Award Panel Interview and Gala Lunch, as well as all other award activities as outlined below. 

Month	Date	Activity
FEBRUARY	Wednesday 14 February 2024	Nominations open
MARCH	Friday 5 April 2024	Nominations close
APRIL	Friday 12 April 2024	Submissions close
	Monday 15 – Friday 26 April 2024	Submissions reviewed by NIBA Divisional Committees
	Monday 29 April – Friday 3 May 2024	Shortlisted candidates notified
MAY	Tuesday 21 May 2024	State panel interviews in capital cities
JULY	Wednesday 10 July 2024	State winner announced at Gala Lunch NSW/ACT
	Friday 12 July 2024	State winner announced at Gala Lunch WA
	Wednesday 17 July 2024	State winner announced at Gala Lunch QLD
	Friday 19 July 2024	State winner announced at Gala Lunch Vic/Tas
	Friday 26 July 2024	State winner announced at Gala Lunch SA/NT
AUGUST	August – September 2024	Professional Development Program (Virtual)
SEPTEMBER	Date TBA - September 2024	National Award Panel Interviews*
OCTOBER	Sunday, 20 – Tuesday, 22 October 2024	NIBA Convention, Adelaide*

 

*Award sponsor to coordinate and fund travel requirements

Broker of the Year award winners