Individual Members must be employed by a Corporate Member company. Any employee of an IBANZ member firm is entitled to apply for individual membership.
Individuals belonging to Network Broking Groups (such as PSC Connect and Advisernet) should apply for membership via these organisations.
The process for Individual Membership applications is as follows:
Step 1 Sign Up Online
Step 2 Complete your IBANZ Profile
Step 3 An email acknowledgment will be sent to you including a copy of the Code of Professional Code of Conduct and your membership number.
Step 4 Following Board approval your membership number will be added to the IBANZ discount App and details on how to access this App will be sent.
Individual Members can apply to have one of the following status levels, more fully described in the Membership and Professional Status Guidelines.
A Membership Status Application Form, used for first-time applicants or to elevate your current status, can be found here.
Associate of IBANZ (AIBANZ)
This status is granted to an Insurance Broker who has had at least ten (10) years continuous experience in the Fire & General and/or Liability insurance profession and is able to demonstrate that he or she has had at least five (5) years in total experience as a Fire & General and/or Liability insurance broker and/or Risk Manager.
A successful applicant for Associate must hold current PQIB status (or any other continuing education equivalent subsequently adopted).
Fellow of IBANZ (FIBANZ)
This status is granted to an Insurance Broker who is qualified with a New Zealand Certificate in Financial Services (Level 5) and who has ten (10) years continuous experience as a Fire & General and/or Liability insurance broker and/or Risk Manager; or who has at least fifteen (15) years continuous experience as a Fire & General and/or Liability insurance broker and/or Risk Manager.
In order to successfully apply for Fellowship the applicant must hold current PQIB status (or any other continuing education equivalent subsequently adopted).
A Fellow or Associate who retires from being an Insurance Broker may apply to the Board to remain a Member.
If approved, the Member can retain their membership certificate and is entitled to the ordinary privileges of membership, except that such a Member cannot take part in the management of the IBANZ, or hold any office within IBANZ, unless the Board in its absolute discretion determines otherwise.
A Retired Member is not entitled to vote and cannot hold a proxy.
Honorary Life Member
An Honorary Life Membership may be granted to a past or present Member where, at an Annual General Meeting of IBANZ the majority of the Board considers the Member worthy of this because of their position, experience and contribution to the insurance industry.
Honorary Life Members are entitled to the ordinary privileges of membership except that they may not take part in the management of the affairs of IBANZ or hold any office in the management of IBANZ, unless the Board in its absolute discretion determines otherwise.