Applying to join NIBA
Applications are considered very carefully to ensure that not only government requirements are met, but also NIBA's own strict conditions. If approved as members, individuals must agree to:
- Abide by the NIBA Membership Rules;
- Abide by the NIBA Membership Code;
- Complete the annual CPD requirements; and
- Abide by the NIBA website usage rules.
The application process
The application process for NIBA membership takes approx 8-10 weeks.
Stage 1: Apply online
|Category||Post Nominals||Entry Qualification||Entry Experience||CPD Pre-entry||CPD ongoing|
|Affiliate||None||No qualification required||N/A||N/A||N/A||Apply|
|Associate||NIBA (Assoc.)||All students enrolled in an accredited program under the level of Diploma in Financial Services||N/A||N/A||25 points or 50 points over 2 years||Apply|
|Qualified Practising Insurance Broker||NIBA (QPIB)||Diploma of Financial Services (Insurance broking) or Diploma of Insurance Broking||4 years||25 points or 50 points over 2 years||25 points or 50 points over 2 years||Apply|
|Qualified Financial Services Representative||NIBA (QFSR)||Diploma of Financial Services (Insurance broking) or Diploma in Financial Services||4 years||25 points or 50 points over 2 years||25 points or 50 points over 2 years||Apply|
|Fellow||NIBA (Fell.)||Advanced Diploma or Graduate Diploma||CPIB or 5 years as QPIB||25 points or 50 points over 2 years||25 points or 50 points over 2 years||Apply|
Stage 2. Business reputation check
Applicants names are listed in a monthly email to all NIBA members. If no objections are received the application is referred to the NIBA Divisional Committee in the applicant’s State. Once the Divisional Committee approves the application it is referred to the NIBA Board for final approval.
Stage 3. Confirmation of membership offer
On approval of your documents by the NIBA Registrar, state Divisional Committee and the NIBA Board, a membership confirmation and offer will be sent to you. Upon receipt of your payment of fees a membership pack which includes NIBA information and a membership certificate will be forwarded.