Insurance Brokers
Information for subscribers to the Insurance Brokers Code of Practice
The Insurance Brokers Code of Practice (the Code) was developed by the National Insurance Brokers Association (NIBA) to complement the existing compliance and risk management frameworks within the insurance broking industry.The Code’s true value and purpose is to encourage subscribers to provide a level of client service that exceeds what is required by the law.
As a subscriber to the Code, you work with the Insurance Brokers Code Compliance Committee (the Committee) to maintain service standards that meet the needs of consumers who engage your services. You agree to uphold the conditions of the Code and understand there may be consequences if you fail to do so.