World-wide trends in financial services legislation, the work of the Financial Intermediaries Task Force, increased
competition and the sophistication of business people demanding that their insurance broker be better educated in all
aspects of risk management have been the key drivers for the formation of IBANZ - The Insurance Brokers Association of
New Zealand.
IBANZ is a merger of two existing organisations the Independent Insurance Brokers Association and the Corporation of
Insurance Brokers Association.
Hon. Jim McLay a long-time proponent of self-regulation will give the keynote address at 6.15pm to members of parliament
and business leaders.
The Strength of IBANZ: is through over 2,000 brokers in 245 businesses nationwide. These brokers provide risk management
solutions through the $2B of premiums written annually out of the gross market premium of $2.7B.
IBANZ launches at the Auckland Club at 5.30pm on Thursday 14th April.