The strength of Insurance Advisernet goes beyond the walls of our own business. It’s also about the quality partnerships we build and nurture every day, from the insurers we choose to work with, to our ongoing involvement with leading industry associations.
1. AUB Group (Austbrokers)
The ASX-listed AUB Group, formerly Austbrokers, is a 50% shareholder in Insurance Advisernet. They’re also the largest equity-based risk management, advice and solutions provider in Australasia with more than 450,000 clients and $4.5 billion in gross written premiums. Beyond the unrivalled financial strength this offers it also means every one of our representatives is a member of the Austbrokers network, bringing even greater choice and value to their clients.
Insurance Advisernet’s buying power spans major insurers in Australasia plus access to leading overseas insurers including Lloyd’s of London. Rather than focus on a small number of ‘favoured’ insurers like some broker networks, our continued independence has allowed us to spend many years forging relationships with the very best local and international insurance providers. The benefits of these relationships are seen every day by giving Insurance Advisernet clients outstanding choice, competitive pricing, best-in-class coverage and policy support services that are second to none.
“Allianz has built a strong partnership with Insurance Advisernet over the past decade, based on deep levels of trust and understanding.”
Richard Feledy, Managing Director, Allianz
“Insurance Advisernet is a highly respected player in the Australian Insurance Industry and we’re delighted to be able to help them help their clients.”
Pat Regan, Group CFO and CEO, Australia & New Zealand
“Our relationship with Insurance Advisernet continues to go from strength to strength. They’re an important part of the Australian insurance landscape.”
Ben Bessell, Chief Executive, Australian Business Division, IAG
“I am impressed by the insights and passion which Insurance Advisernet representatives bring to their clients. They ‘get’ insurance as well as anyone in Australia.”
Rajbir Singh Nanra, Chief Executive Officer General Insurance, Australia & NZ
“Building sustainable partnerships with brokers is Vero’s priority. Our relationship with Insurance Advisernet is based on mutually aligned goals ensuring the best outcomes for clients.”
Gary Dransfield, CEO Customer Platforms, Vero
“Chubb has a longstanding relationship with Insurance Advisernet. We are committed to building on this as a Platinum Partner, offering our diversified and expanding range of products.”
Jarrod Hill, Country President Australia & NZ, Chubb
3. Premium Funding
For many clients and industries we understand the vital importance of preserving day-to-day cash flow. In such situations we can help you spread your insurance premium payments over time through an instalment arrangement, brokered via our relationships with reputable insurance premium funding companies.
Just as your insurance policy is tailored to your needs, so is your premium funding arrangement. This allows you to match your insurance payments to your cash flow projections. Interest costs are also usually tax deductible. If you choose this option, the funding has no impact on your existing banking or credit facilities. Your insurance policy acts as security for the finance.
4. Industry Affiliations
As one of the leading General Insurance broking groups in Australasia, Insurance Advisernet takes a deep and active role in the insurance industry through a variety of initiatives and affiliations.
Since 1982 NIBA has been a driving force for change in the Australian insurance broking industry and today is regarded as the national voice of insurance brokers, as well as being an active advocate for insurance customers. NIBA represents an estimated 90% of all insurance brokers in Australia. Its leadership role has supported financial services reforms, encouraged higher educational standards for insurance brokers and introduced a strong, independently administered and monitored Insurance Brokers Code of Practice.
ANZIIF (Australian & New Zealand Institute of Insurance & Finance)
ANZIIF is the leading provider of education, training and professional development to the insurance and financial services industry in Australia, New Zealand and the Asia Pacific Region. It is committed to providing relevant, high quality qualifications and education programs. It also partners with industry members to advance professional excellence.