Austbrokers Awards 2024
Entries are open
Purpose
Austbrokers Awards aims to acknowledge excellence in the insurance industry by recognising the brokers and industry leaders from the Austbrokers network across various categories, including the Frank Earl Award, Young Professional Award, Claims Manager Award, and Broker of the Year Award.
Overview
Frank Earl Award
In partnership with Clyde & Co, the Frank Earl is awarded annually to recognise Senior Management who have demonstrated excellence in the Insurance Broking profession within Austbrokers network. In memory of Frank Earl who served on the Austbrokers board from April 2005 until July 2010.
Prize value
$5k
Eligibility
- Open to all high-performing Austbrokers Principals, Managing Directors, Senior Managers, Account Managers, Claims Managers, Financial advisers and Risk Specialists.
Prize include
- $5,000 to be used towards Professional Development within the insurance industry.
Entrant Requirements
- Entrants must be available to travel to the Gold Coast in November 2024.
- Qualified Practicing Insurance Broker (QPIB).
- Entrants must be over 35 years of age as at 31 December in the year they are entering.
Judging
- Judging will be carried out by members of the AMS Board, including the CEO of AUB Group. The AMS board will also assess the success of each nominated insurance broker, including how much their portfolio has grown in recent years and what kinds of innovative solutions they are bringing to the industry. Judging will be carried out by members of the AMS board, including the CEO of AUB Group.
Submission Requirements
Submission Requirements
Please be brief in your answers. We do not require reports, manuals or other documentation.
1. Excellent Client Service (35% Score)
How have you made a difference to a client’s program and experience within your organisation including but not limited to;
- Identification of a client
- Examples of claims services and negotiated outcomes
- Technical expertise in coverage
- New Business Gained
Maximum: 250 words
2. Business Retention & Growth over the previous 2 years (25% score)
Provide an overview of your portfolio including retention rates, increase in portfolio size and growth in income.
Maximum: 200 words
3. Professional Development (15% score)
Current and planned professional development plans, your contribution to the professional
Maximum: 200 words
4. Innovation (10% score)
Provide an overview in customer coverage or claims management, where innovation has played an important part of the process.
Maximum: 200 words
5. Community Engagement (15% score)
Engagement within the insurance industry, and the wider Austbrokers network outside of your own office.
Maximum: 100 words
Each candidate has provided the following documents so the judging panel can evaluate the candidate against the award criteria:
- Candidate’s academic record
- Career resume
- Personal statement
- 1 – 2 underwriter references
- 1 – 2 client references
Submissions to be attached in a word, pdf, ppt file via the nomination form
Nomination Criteria
Frank Earl personified honesty, integrity and transparency in his exemplary career. He considered these to be core characteristics fundamental not only to individual success but also to the industry as a whole. The criteria for evaluating the nominees will be their ability to show how they conduct themselves in their day-to-day work life displaying the above characteristics. More broadly, conducting themselves as a participant in the industry in a manner which consistently reflects Frank Earl’s three core values.
Award sponsored by
Overview
Austbrokers Young Professional Award
Sponsored by Vero, the YP award represents the pinnacle of achievement for the nation's young broker community.
Eligibility
Open to all Austbrokers high performing brokers or claims consultants.
In partnership with Vero, the award represents the pinnacle of achievement for the nation’s young broker community.
Prize includes
- Opportunity to attend Tysers Summer Academy 2025 in London.
Entrant Requirements
- Entrants must be available to travel to the Gold Coast in November 2024.
- Qualified Practicing Insurance Broker (QPIB).
- Entrants must be under 35 years of age as at 31 December in the year they are entering.
Judging
The AMS board will also assess the success of each nominated YP, including how much they have impacted their individual businesses by speaking with the Principal of the Austbrokers Businesses they are associated with. Judging will be carried out by members of the AMS board, and will include a member from Vero.
Submission Requirements
Submission Requirements
Please be brief in your answers. We do not require reports, manuals or other documentation.
1. Excellent Client Service (40% Score)
How have you made a difference to a client’s program and experience within your organisation including but not limited to;
- Identification of a client.
- Examples of claims services and negotiated outcomes.
- Technical expertise in coverage.
- New business gained.
Maximum: 250 words
2. Broking Practices (40% score)
Provide an overview of your portfolio including retention rates, increase in portfolio size and growth in income.
- Technical competence in insurance
- Strength of client and underwriter relationships
- Quality of Quotation Slips / Renewal Information
- Underwriting submissions – claims history
- Policy wording / endorsements
Maximum: 250 words
3. Professional Development (15% score)
Current and planned professional development plans, your contribution to the professional.
Maximum: 250 words
4. Community Engagement (5% score)
Engagement within the insurance industry, and the wider Austbrokers network outside of your own office.
Maximum: 100 Words
Each candidate must provide the following documents so the judging panel can evaluate the candidate against the award criteria:
- Candidate’s academic record
- Career resume
- Personal statement
- 1 – 2 underwriter references
- 1 – 2 client references
Submissions to be attached in a word, pdf, ppt file via the nomination form
Nomination Criteria
Frank Earl personified honesty, integrity and transparency in his exemplary career. He considered these to be core characteristics fundamental not only to individual success but also to the industry as a whole.The criteria for evaluating the nominees will be their ability to show their passion and commitment to the industry. As well as this, how they conduct themselves in their day-to-day work life working towards displaying the characteristics of honesty, integrity and transparency.
Award sponsored by
Overview
Claims Manager of the Year Award
Claims Manager of the Year Award recognises the best claims manager within an underwriting agency operating in Australia and his/her efforts in supporting their customers
Eligibility
Open to all Austbrokers high performing Claims Managers.
Prize includes
- Opportunity to attend Tysers Summer Academy 2025 in London.
Entrant Requirements
- Entrants must be available to travel to the Gold Coast in November 2024.
- Claims Manager at an Insurance Brokerage.
Judging
The AMS board will also assess the success of each nominated insurance broker, including how much their portfolio has grown in recent years and what kinds of innovative solutions they are bringing to the industry. Judging will be carried out by members of the AMS board, including the CEO of AUB Group.
Submission Requirements
Submission Requirements
Please be brief in your answers. We do not require reports, manuals or other documentation.
1. Excellent Client Service (35% Score)
How have you made a difference to a client’s program and experience within your organisation including but not limited to;
- Identification of a client.
- Examples of claims services and negotiated outcomes.
- Technical expertise in coverage.
- New business gained.
Maximum: 250 words
2. Business Retention & Growth over the previous 2 years (25% score)
Provide an overview of your portfolio including retention rates, increase in portfolio size and growth in income.
Maximum: 200 words
3. Professional Development (15% score)
Current and planned professional development plans.
Maximum: 200 words
4. Innovation (10% score)
Provide an overview in customer coverage or claims management, where innovation has played an important part of the process.
Maximum: 200 words
5. Community Engagement (15% score)
Engagement within the insurance industry, and the wider Austbrokers network outside of your own office.
Maximum: 100 words
Each candidate has provided the following documents so the judging panel can evaluate the candidate against the award criteria:
- Candidate’s academic record
- Career resume
- Personal statement
- 1 – 2 underwriter references
- 1 – 2 client references
Submissions to be attached in a word, pdf, ppt file via the nomination form
Nomination Criteria
Entrants must embrace and exemplify the qualities of Honesty, Integrity and Competence. Demonstrating utmost commitment to both their clients through satisfied clients and portfolio growth and the industry as a whole. The criteria for evaluating the nominees will be on how their ability to show how they conduct themselves in their day-to-day work life and activities as a participant in the industry displays the above characteristics.
Overview
Broker of the Year Award
The Broker of the Year award recognises a broker who has demonstrated exceptional dedication to reach their maximum potential.
Eligibility
Open to all high-performing Austbrokers Principals, Managing Directors, Senior Managers, Account Managers, Claims Managers, Financial advisers and Risk Specialists.
Prize includes
- Opportunity to attend Tysers Summer Academy 2025 in London.
Entrant Requirements
- Entrants must be available to travel to the Gold Coast in November 2024.
- Qualified Practicing Insurance Broker (QPIB)
- Entrants must be over 35 years of age as at 31 December in the year they are entering.
Judging
The AMS board will also assess the success of each nominated insurance broker, including how much their portfolio has grown in recent years and what kinds of innovative solutions they are bringing to the industry. Judging will be carried out by members of the AMS board, including the CEO of AUB Group.
Submission Requirements
Submission Requirements
Please be brief in your answers. We do not require reports, manuals or other documentation.
1. Excellent Client Service (35% Score)
How have you made a difference to a client’s program and experience within your organisation including but not limited to;
- Identification of a client.
- Examples of claims services and negotiated outcomes.
- Technical expertise in coverage.
- New business gained.
Maximum: 250 words
2. Business Retention & Growth over the previous 2 years (25% score)
Provide an overview of your portfolio including retention rates, increase in portfolio size and growth in income.
Maximum: 200 words
3. Professional Development (15% score)
Current and planned professional development plans, your contribution to the professional
Maximum: 200 words
4. Innovation (10% score)
Provide an overview in customer coverage or claims management, where innovation has played an important part of the process.
Maximum: 200 words
5. Community Engagement (15% score)
Engagement within the insurance industry, and the wider Austbrokers network outside of your own office.
Maximum: 100 words
Each candidate has provided the following documents so the judging panel can evaluate the candidate against the award criteria:
- Candidate’s academic record
- Career resume
- Personal statement
- 1 – 2 underwriter references
- 1 – 2 client references
Submissions to be attached in a word, pdf, ppt file via the nomination form
Nomination Criteria
Entrants must embrace and exemplify the qualities of Honesty, Integrity and Competence. Demonstrating utmost commitment to both their clients through satisfied clients and portfolio growth and the industry as a whole. The core criteria for evaluation of nominees will be their ability to show how they conduct themselves in their day-to-day work life displaying the above characteristics and more broadly as a participant in the industry.