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NIBA Statement: ASIC Cost Recovery 2023/24

Media Release

The National Insurance Brokers Association (NIBA) welcomes the release of ASIC's cost recovery implementation statement.

A well-funded regulator is essential for the successful operation of the general insurance industry and increases community confidence in both insurance companies and general insurance brokers.

As the voice of the general insurance broking profession, NIBA looks forward to continuing to engage with ASIC to promote responsible risk management and an efficient and effective insurance market.