Qualified Practicing Insurance Broker. The initials QPIB identify highly trained, formally qualified members of the National Insurance Brokers Association-Qualified and Practicing Insurance Brokers. With a QPIB you enjoy a convenience of dealing with one person, while still benefiting from a wide choice of policy options, premium rates and proven professional expertise. QPIBs spend their lives specializing an all facets of the insurance industry. They are uniquely qualified-by examination, experience and ongoing training-to advise on all insurance matters. As members of the National Insurance Brokers Association, QPIBs come under the supervision of the Federal Government Insurance and Superannuation Commission. For a start you can skip the sales spiel. From the moment you consult a Qualified Practicing Insurance Broker, you can start saving time and money. The role of the QPIB is not selling insurance but to provide considered professional advice. Unlike agents and sales people from insurance companies, insurance brokers are legally obliged to act on behalf of the policy holder - or potential policy holder. First they analyse your special requirements. Your QPIB will then offer you the appropriate alternatives along with advise and recommendations. The objective of the QPIB must always be to provide you as the client with the most appropriate and comprehensive protection at the most competitive premium rate. You will always be on top of your insurances. Understanding insurance can be confusing and time consuming chore. Today even a sole trader must have a wide variety of insurances. But keeping the paper work up to date can be a nightmare. With insurance combining both legal and technical disciplines, how can you be sure you always have the right policy? Is each policy worded to accommodate your specific requirements and needs? Do you have a reliable reminder system to help ensure you don't overlook important premium payments when they fall due? A QPIB takes care of all these things for you. All your claims will be taken care of. Another significant difference between QPIBs and the sales people and agents who work for insurance companies lies in the handling of claims. A QPIB always acts on your behalf when you are faced with making a claim. Your QPIB understands the formalities and procedures that have to be followed if you are to receive the full benefit of the insurance cover that you have paid for. From documentation to liaising with assessors to negotiating with the underwriters for fair and prompt settlement of your claim, a QPIB has the experience and expertise to bring to a satisfactory conclusion what can sometimes be a very traumatic experience. Back to Top