National Insurance Brokers Association 2024 Partnership Prospectus
Contents NIBA PARTNERSHIP PROSPECTUS
Invitation to participate Events
Gala Lunches
NIBA Convention Divisional Committee & Young Professional Events
Professional Development
Mentoring Program
The Professional Broker Webinar Series (New)
Other Opportunities Broker Market Survey
On behalf of the National Insurance Brokers Association (NIBA), it is my pleasure to invite you to explore the range of exciting partnership opportunities available with NIBA for 2024. Since our inception in 1982, NIBA has been dedicated to supporting our members which currently comprises 420 principal firms and over 9,000 individual brokers across Australia. Our diverse membership includes large multinational insurance brokers, Australian broker networks, and small to medium-sized businesses in both urban and regional areas. As the leading representative body for Australia's general insurance broking profession, we are committed to representing the interests of our members through three key pillars: Representation, Professionalism, and Community. Representation: We actively advocate on behalf of insurance brokers to government bodies, regulators, industry stakeholders, the media, and the community to ensure that the voice of insurance brokers is respected and relevant in shaping government policy and regulation. Professionalism: NIBA is dedicated to promoting high standards of professional practice among general insurance brokers. This includes industryrelevant education, continuous professional development, adherence to the Insurance Brokers Code of Practice, and the establishment of a framework for ethical and professional conduct by our members.
4
NIBA | Partnership Prospectus
Community: We strive to create a vibrant community for our members, providing opportunities for networking, knowledge sharing, and growth. Additionally, we actively promote the role and value of insurance brokers to the wider community, aiming to position insurance broking as a respected and desired profession. Our vision for the future is for general insurance brokers to be widely regarded as competent, professional, ethical individuals who act with high integrity. Brokers will be trusted advisers of clients and their communities and trusted partners of insurers and underwriters. Your support is integral to achieving this goal. By partnering with NIBA not only will you contribute to the growth and success of our industry you will also receive valuable opportunities to connect with brokers, share your brand story and build relationships with key players in the insurance broking community. If you are interested in exploring any of these opportunities further, please complete the expression of interest form available at the end of this document and a member of our events and marketing team will be in contact with you shortly. I look forward to working with you on what is already shaping up to be an exciting year of opportunity and collaboration.
Philip Kewin, CEO NIBA
Events & Professional Development Every year, NIBA hosts a range of events and professional development opportunities designed to celebrate achievements, inspire excellence, and increase collaboration including gala lunches, the NIBA Convention, exclusive state member events and the NIBA Mentoring program. This year we have also introduced two new professional development opportunities to meet the needs of our members - the NIBA webinar series and the NIBA Summit series both of which
Over 6,500 attendees
30%
of attendees Young Professionals (under 35)
will provide members with valuable professional development and networking opportunities. These events would not be possible without the support of our sponsors and partners, who each play a crucial role in the success of NIBA. By aligning your brand with NIBA’s events and initiatives, you gain exposure to a vast network of brokers, insurers, and industry stakeholders, driving brand awareness, generating high-quality leads, and ultimately boosting your business growth.
32
Events held in 2023
Introduction
5
Gala Lunches NIBA hosts five annual Gala Lunches in key locations around the country - Sydney, Melbourne, Brisbane, Adelaide, and Perth, with each event attracting up to 500 insurance professionals.
The climax includes the announcement of the prestigious Broker of the Year Award and the Young Broker of the Year Award state winners, making each occasion a highlight in the industry calendar.
Featuring relevant guest speakers or entertainment, these events provide a unique platform to celebrate excellence in broking, while creating a vibrant setting for fostering connections and sparking new business relationships.
The Gala Lunches allow you to showcase your commitment to the insurance broking sector’s growth and success, aligning your brand with excellence in broking and positioning you as a champion of industry.
2024 Event Dates Wednesday 10 July - NSW Gala Lunch, The Fullerton, Sydney
Friday 19 July - VIC Gala Lunch, Sofitel on Collins, Melbourne
Friday 12 July - WA Gala Lunch, Crown, Perth
Friday 26 July - SA Gala Lunch, Adelaide Oval, Adelaide
Wednesday 17 July - QLD Gala Lunch, Royal ICC, Brisbane
6
NIBA | Partnership Prospectus
Events & Professional Development | Introduction
7
Sponsorship Opportunities
NIBA offers a range of tiered sponsorship packages to best align with your marketing objectives and budget.
8
Platinum
Gold
Cost: $7,000 +GST Max 2 opportunities per state event
Cost: $6,000 +GST Max 3 opportunities per state event
Inclusions: • Opportunity to address the audience either via a supplied video or in person at the event (2 minutes) • 2 x tables of 10 seats at the NIBA Gala Lunch • Preferential seating at the event • Your logo displayed on all promotional items including member communications and event marketing material • Your logo displayed on rolling slides and electronic signage at the event • Pull-up banner (provided by you) displayed in a prominent area within the venue • Your logo on event menus • Your logo displayed on your tables • Special acknowledgement by MC or NIBA CEO or NIBA President • Ability to purchase additional tickets available at the discounted member rate.
Inclusions: • 2 x tables of 10 seats at the NIBA Gala Lunch • Preferential seating at the event • Your logo displayed on all promotional items including member communications and event marketing materials • Your logo displayed on rolling slides and electronic signage at the event • Pull-up banner (provided by you) displayed in a prominent area within the venue • Your logo on event menus • Your logo displayed on your tables • Special acknowledgement by MC or NIBA CEO or NIBA President • Ability to purchase additional tickets available at the discounted member rate.
NIBA | Partnership Prospectus
Silver
Bronze
Cost: $4,000 +GST Max 5 opportunities per state event
Cost: $3,000 +GST Max 5 opportunities per state event
Inclusions: • 1 x table of 10 seats at the NIBA Gala Lunch • Your logo displayed on all promotional member communications and event marketing material • Preferential seating at the event • Your logo displayed on rolling slides and electronic signage at the event • Pull-up banner (provided by you) displayed in a prominent area within the venue • Your logo on event menus • Your logo displayed on your table • Special acknowledgement by MC or NIBA CEO or NIBA President • Ability to purchase additional tickets available at the discounted member rate.
Inclusions: • 5 x tickets to the NIBA Gala Lunch • Your logo displayed on all promotional member communications and event marketing material • Preferential seating at the event • Your logo displayed on rolling slides and electronic signage at the event • Pull-up banner (provided by you) displayed in a prominent area within the venue • Your logo on event menus • Special acknowledgement by MC or NIBA CEO or NIBA President • Ability to purchase additional tickets available at the discounted member rate
Entertainment Sponsor | Arrival Drinks Sponsor | Cocktail Bar Sponsor | After Party Sponsor Cost: $5,000 +GST Max 1 opportunity per state event Inclusions: • 1 x ticket to the NIBA Gala Lunch • Your logo displayed on all promotional member communications and event marketing material • Preferential seating at the event • Your logo displayed on rolling slides and electronic signage at the event • Pull-up banner (provided by you) displayed in a prominent area within the event venue • Your logo on event menus • Your logo displayed on your table • Special acknowledgement by MC or NIBA CEO or NIBA President • Ability to purchase additional tickets available at the discounted member rate.
Events
9
NIBA Convention The NIBA Convention is a one-of-a-kind event bringing together the entire insurance broking community, regardless of cluster group allegiances or brokerage size. Our diverse delegates range from seasoned decision-makers and industry executives to young brokers who embody the future of leadership in the field. Drawing attendees from a range of sectors, including insurance broking firms, general insurance companies, underwriting agencies, premium funding companies, legal firms, financial services organizations, loss adjusters, major accounting firms, state government insurance offices, life insurance companies, reinsurance companies,
Networking in the marketplace was immensely valuable for my role.
As we all know conventions/ conferences are not always worth the investment and in the past have deteriorated into a social gathering however this was not the case with NIBA 23. It was definitely worth the $ and time investment and I’m sure everyone came away having learnt something they did not know before they attended.
2024 Event Dates
information technology suppliers, government departments, and overseas broker associates, the NIBA Convention is a must-attend event for anyone to looking to grow their business, develop their skills, or stay informed about the latest industry developments. As a sponsor or exhibitor, your participation promises more than visibility - it opens avenues to generate new leads, enhance your brand, or launch innovative products. After a 4-year break, the 2023 NIBA Convention was held in the Gold Coast. Our delegates once again confirmed NIBA Convention’s unique and irreplaceable role within the industry, distinguishing it from other insurance conventions.
I believe that this conference was very successful from an Insurer point of view, and I think overall as the marketplace and sessions were well attended by many brokers. Congrats to NIBA.
I found the attitude of most attendees was very positive - as someone said “everyone has seemed to have brought their good self to this convention.
Sunday 20th to Tuesday 22nd October 2024 – Adelaide Convention Centre, Adelaide, SA
10
NIBA | Partnership Prospectus
2023 Highlights Video
Further details about the 2024 NIBA Convention and sponsorship packages will be announced in early 2024. To express your interest, complete the form linked at the end of this document.
Events | NIBA Convention
11
Divisional Committee and Young Professional Events Our state events are run alongside our Divisional Committees including VIC/TAS, QLD, NSW, SA/NT and WA, who leverage local knowledge and connections to craft bespoke opportunities for members in their state. These events offer a diverse range of activities, including educational seminars, networking sessions, end-of-year celebrations and events targeted at young professionals.
12
NIBA | Partnership Prospectus
If you’re looking for a tailored sponsorship opportunity that seamlessly aligns with your organisation’s goals, we would be happy to discuss the various options available. Our events attract a range of attendees, from seasoned industry leaders to vibrant young professionals, and provide an excellent platform to showcase your brand and engage your target audience.
To express your interest in sponsoring a state event in 2024, complete the form linked at the end of this document.
Events | State Events | Divisional Committee and Young Professional Events
13
Mentoring Program The NIBA Mentoring Program is designed to support young professionals working in the general insurance industry, providing them with a platform to learn and excel. The program fosters dynamic mentoring partnerships between experienced industry leaders and young professionals, empowering them to set focused goals and strive for higher levels of performance.
Scheduled to run for 12 weeks, from August to November in Sydney, Melbourne, Brisbane, Perth, and Adelaide, the program combines both virtual and face-to-face mentoring, educational sessions, and networking opportunities. Thanks to your sponsorship, we are able to offer this program at no cost to both mentees and mentors, enabling us to continue supporting the growth and development of young professionals in our industry.
2024 Event Dates August to November in Sydney, Melbourne, Brisbane, Perth, and Adelaide.
14
NIBA | Partnership Prospectus
Sponsorship Opportunities National Sponsor
State Sponsor
Cost: $7,150 +GST
Cost: $1,815 +GST
Inclusions: • Your logo displayed on the Mentoring page of the NIBA website • Your logo displayed on all marketing and promotional materials relating to the Mentoring Program and Alumni Program • Your logo on the front cover of the Mentoring Handbook, presented to all program participants • Acknowledgement as National sponsor at all Mentoring Program workshops • Acknowledgement of sponsorship in relevant articles published in the NIBA Insurance Advisor magazine and other marketing channels including Broker Buzz and LinkedIn • Opportunity to provide a pull-up banner at each face-to-face workshop (3 in total) • Opportunity to host a workshop in your company office • Representative from your organisation to participate in each states program as a mentee • Representative from your organisation to participate in each states program as a mentor.
Inclusions: • Your logo displayed on the Mentoring page of the NIBA website • Your logo displayed on all marketing and promotional materials relating to the Mentoring Program and Alumni Program • Your logo on the front cover of the Mentoring Handbook, presented to all program participants • Acknowledgement as State sponsor at all Mentoring Program workshops • Acknowledgement of sponsorship in relevant articles published in the NIBA Insurance Advisor magazine and other marketing channels including Broker Buzz and LinkedIn • Opportunity to provide a pull-up banner at each face-to-face session (3) • Representative from your organisation to participate in the state program as a mentee • Representative from your organisation to participate in the state program as a mentor.
Professional Development | Mentoring Program
15
The Professional Broker Webinar Series (New) In an industry that is constantly evolving, the key to success lies in continuous learning and development. Recognising the growing need for professional development opportunities, NIBA is proud to introduce the inaugural The Professional Broker Webinar Series. This monthly series is designed to provide brokers with the latest insights and relevant updates for General Insurance brokers.
Through these webinars, brokers will gain valuable opportunities to enhance their skills, deepen their knowledge, remain up to date with industry best practices and discover innovative solutions to enable them to effectively navigate both current and future challenges. The Professional Broker Webinar Series offers sponsors a unique opportunity to establish your brand as a thought-leader, increase brand awareness, and actively engage with your target audience.
2024 Event Dates Monthly, between March - November (excluding June)
16
NIBA | Partnership Prospectus
Sponsorship Opportunities Cost: $3,000 +GST Max 7 opportunities per calender year, 1 per webinar Inclusions: • Collaborate with NIBA on an endorsed sponsored content segment including speaker/s options • Your logo displayed on all promotional member communications and event marketing material • Your logo displayed on rolling slides during the webinar • Special acknowledgement by webinar MC • On-demand access to the recorded webinar for NIBA Members for up to 12 months
Events & Professional Development | Introduction
17
Broker Market Survey Each year, NIBA in conjunction with Nielsen Research conducts the annual NIBA Broker Market Survey. This survey aims to provide forward-thinking, practical, and actionable insights for insurers, underwriting agencies, and brokers. The goal is to establish a truly independent and syndicated overview of the industry, serving as a singular source of valuable insights. The survey focuses on assessing the attitudes and engagement of brokers concerning insurers, aiming to identify outstanding performers in a sophisticated and robust manner. The survey culminates in recognizing the winners of Australia’s most prestigious industry awards for Large General Insurer, Specialty Insurer, and Underwriting Agency of the Year.
18
NIBA | Partnership Prospectus
What •
The NIBA Broker Industry Survey is Australia’s largest insurance broker research study
•
The results of the survey determine the winners of Australia’s most esteemed industry award for insurance
•
Bridging the gap between Brand Promise and Brand Delivery
•
Gain actionable insights for a holistic brand uplift
Why •
To help the industry understand broker usage and attitudes
•
Deepening Broker/Insurer Relationships by measuring and understanding the broker/ insurer relationship, focusing on expectations, brand perceptions, and broker/ customer experiences
Key Benefits •
High-quality survey with advanced metrics to identify winners
•
Recognition of exceptional performances in the industry
•
Actionable insights integrated with industry Key Performance Indicators
•
Opportunity to evaluate performance relative to competitors
•
Equal opportunity for every stakeholder to grow along with holistic industry growth
•
Identify both push and pull factors driving the industry
•
One survey encompassing all the answers needed
•
Provide brands with a competitive edge in the industry landscape.
Investment NIBA has introduced three subscription tiers for accessing the survey results, each offering a detailed analysis of performance benchmarked against the industry. Now, you can choose the tier that best suits your needs and gain valuable insights to elevate your understanding and performance within the industry. This new approach ensures that you can tailor your access to the survey results, making it more personalized and beneficial for your specific requirements. Full Survey (all categories) cost: $15750 + GST Specialty Insurer only cost: $7500 + GST Underwriting Agency only cost: $7500 + GST
Other Opportunites | Broker Market Survey
19
Thank you for your consideration. To express interest in our sponsorship and exhibition opportunities, complete the form below and a member of our Marketing and Events team will contact you. COMPLETE THE FORM