Process

Friday 2 May 2025 | The Hilton Sydney

Process

Stage One – Nominations

A nationwide call for nominations will be conducted from 21 October to 22 November 2024 using Insurance Business Australia’s online channels. Nominations are open across 20 categories. Any individual or company operating in the Australian insurance industry is eligible to submit a nomination, either on their own behalf or for someone else.

Nominations should focus on achievements and results from the 2023/2024 financial year (1 July 2023 – 30 June 2024). All information contained in the entries and marked as confidential will be treated as such and will not be released without the entrant’s permission.

All nominations must be submitted via the official Insurance Business Awards online portal and must be received on or before the final date of entry. The Insurance Business Awards team reserves the right to refuse any nominations submitted after this date.

Within the online portal, you’ll be asked to answer specific questions relevant to the category criteria listed under the ‘Award Categories’ page. In addition to this, you’ll have the opportunity to attach supporting documentation.

PLEASE NOTE: From this year, nominations will be submitted in one step. If you are shortlisted as an excellence awardee, you will not be contacted at a later stage to provide additional information for the judges. Ensure your nomination includes everything required for the judges to review, as this is what we will forward to them for evaluation.
Process

Stage Two – Research and selection of excellence awardees

The Insurance Business Awards team will review the submissions and draw on industry knowledge and information gained through Insurance Business Australia to identify the outstanding brokers, brokerages and insurers in each category that will receive an ‘Excellence Award’.
Process

Stage Three  – Confirmation of excellence awardees

Once the research has been completed, excellence awardees will be shortlisted in each category and notified via email. The excellence awardees for the National Award – Australian Brokerage of the Year – will comprise the winners of the small, medium, and large brokerage categories and will be announced at the event itself. Excellence awardees will also be announced on the Insurance Business Awards and IB Australia websites.
Process

Stage Four – Judging

The Insurance Business Awards team will send the excellence awardee nominations to an independent panel of judges, comprising insurance industry leaders and senior representatives. The judges will be well-known and well-respected within the industry, and their judgment will be impartial, balanced, incisive, and fair. Any judge with a conflict of interest in a particular category will recuse themselves from judging that category. Judges will review the excellence awardee submissions and allocate a score for each nominee. The excellence awardee with the highest score in each category, once the judging process has been completed, will be named the winner.
Process

Stage Five – Awards ceremony

The winners in each category will be announced at the Insurance Business Awards gala dinner on Friday, 2 May 2025, at The Hilton Sydney. Winners will also be published on the Insurance Business Awards and IB Australia websites.

STAY UP TO DATE


Register today and keep up to date with every key deadline and milestone throughout the Insurance Business Awards process.