Insurance brokers are the matchmakers of the industry, working on behalf of their clients to find the best policies in a crowded marketplace – they couldn’t be more important, but it takes the absolute best to stand out in a competitive environment.
Now, Insurance Business Australia (IB) has completed its annual list of elite brokers by objectively ranking the best-performing insurance brokers in Australia – not just those with the biggest portfolios or the largest number of clients.
The IB team required brokers to send their information and details of a contact who could verify those figures. The criteria included the following:
- Number of policies written;
- Total revenue;
- Revenue per policy;
- New clients;
- Total new client revenue; and
- Revenue per new client.
The IB team ranked the brokers on each of these measurements, with the sum of their rankings calculated to determine their final placement on the list.