Representing over 1300 General Insurance and Financial Brokers in Ireland
The Irish Brokers Association is the representative body for Insurance Brokers in Ireland. The Association represents over 450 broker offices, which provide employment for over 5,500 people around Ireland. All IBA members are regulated by the Central Bank of Ireland and adhere to strict regulations such as the New Minimum Competency Code (MCC) and Consumer Protection Code (CPC).
PIBA represent independent insurance and mortgage Brokers, with 900 member firms throughout the country. PIBA promotes Brokers as providing choice, adding value to the financial decision-making process and as giving an unrivalled service compared to any direct operator or Bank in the market. PIBA is also a leading authority in the media on personal finance, mortgages, pensions and industry issues.
Members of the IBA (Irish Brokers Association) and PIBA (Professional Insurance Brokers Association) recently voted in favour of a merger between both broker organisations. The new organisation with a combined strength of 1,300 firms representing both general insurance and financial brokers will be known as Brokers Ireland.
This significant merger between both broker organisations is believed will demonstrate positive change on behalf of the industry to benefit brokers in helping them best serve Irish consumers and businesses.
While the official launch of Brokers Ireland will take place in the Autumn 2017, work has already begun to create a smooth transition to Brokers Ireland across all operating entities of both associations.
18th May 2017