Brokers get boost with new diploma program

Brokers get boost with new diploma program | Insurance Business Australia

Insurance News

Brokers get boost with new diploma program

Funding expanded following initiative’s successful launch

Insurance News

By
Roxanne Libatique

Ausure has launched a subsidised diploma program aimed at bolstering the qualifications of its insurance brokers by funding their pursuit of a diploma of insurance broking.

This initiative represents a strategic investment in the professional development of brokers within the Ausure network.

Following a successful introduction in 2023, Ausure plans to expand the program’s funding in 2024 due to its initial positive reception.

What is Ausure’s subsidised diploma program?

Developed in collaboration with partners such as SafetyCare Culture, DUAL, and Mecon, the program is designed to encourage brokers to advance their careers and deepen their understanding of the industry.

Mick O’Bree, general manager of operations & underwriting at Ausure, has been instrumental in shaping the initiative, working closely with the leadership team.

“It’s important that we continue our approach to further education and ideally stay ahead of the industry standards and guidelines. ‘A rising tide lifts all boats,’ so by providing a good investment in our brokers, we hope to continue the market-leading advice and service our network provides,” he said.

Broker feedback

Since its launch in the latter part of 2023, the program has attracted considerable interest from brokers eager to enhance their credentials.

David Summers, managing director of Ausure Collective, highlighted the program’s impact on facilitating career progression through education.

“As a business, we are dedicated to our team and seeing them advance in their career. We understand a key part of this is continued growth through education,” he said. “We are grateful to have access to a platform such as the subsidised diploma program. This initiative has allowed us to provide an opportunity for four team members to complete a diploma when previously costs would have been prohibitive for them.

“The ability to have highly qualified and competent team members ensures our business will continue to thrive while providing our team with knowledge that will enhance their overall skill set to make them highly valuable within the industry.”