{"id":8788,"date":"2017-11-29T15:55:58","date_gmt":"2017-11-29T15:55:58","guid":{"rendered":"http:\/\/localhost:8888\/wordpress-test\/?page_id=8788"},"modified":"2025-08-13T10:13:41","modified_gmt":"2025-08-13T09:13:41","slug":"benefits-of-membership","status":"publish","type":"page","link":"https:\/\/brokersireland.ie\/benefits-of-membership\/","title":{"rendered":"Benefits of Membership"},"content":{"rendered":"<p><img decoding=\"async\" class=\"\" style=\"height: auto; width: 100%;\" src=\"https:\/\/brokersireland.ie\/wp-content\/uploads\/2019\/01\/At_A_Glance_Advert_Hi-Res_AW.png\" alt=\"\" \/><\/p>\n<h3><strong>Compliance &amp; Legislation<\/strong><\/h3>\n<ul style=\"margin: 14px;\">\n<li>A fully comprehensive Compliance manual incorporating the revised Consumer Protection Code, template documents and other regulatory requirements that are relevant to our members<\/li>\n<li>Review facility available &#8211; whereby Members \u2018Terms of Business\u2019 and other relevant compliance documents, procedures and websites can be reviewed by the Compliance unit<\/li>\n<li>Provision of individual compliance support for members on queries<\/li>\n<li>Assistance for members in dealing with complaints and providing guidance in relation to the Financial Services and Pension Ombudsman process<\/li>\n<li>The unit can liaise with the Central Bank of Ireland on an anonymous &amp; confidential basis on member issues<\/li>\n<li>Representation and lobbying<\/li>\n<li><a href=\"https:\/\/brokersireland.ie\/wp-content\/uploads\/2019\/10\/C19.7353-BI_Compliance_A4_V2.pdf\">Please see attached Compliance Services\u00a0<\/a><\/li>\n<\/ul>\n<h3><strong>Representation\/Advocacy\u00a0<\/strong><\/h3>\n<ul style=\"margin: 14px;\">\n<li>Brokers Ireland represent the interest of members and their clients by working closely with Government, the Central Bank of Ireland, industry stakeholders, media and the broader Broker community.<\/li>\n<li>We endeavour to positively influence change on behalf of the industry and ensure that Brokers are professionally represented and protected in the marketplace.\u00a0 Members views are fully represented to ensure that specific requirements are conveyed when policy and regulations are being formed.<\/li>\n<li>Brokers Ireland also tackles issues with insurers and lenders on behalf of members and have dedicated staff resources which is supported by an excellent legal team to seek counsel and to resolve Broker issues if required.\u00a0 We also regularly liaise with the Central Bank to clarify on specific issues raised by members in a confidential and anonymous basis.<\/li>\n<\/ul>\n<h3><strong>Communication<\/strong><\/h3>\n<ul style=\"margin: 14px;\">\n<li>Brokers Ireland consistently promote Brokers as providing expert advice, choice and adding value to consumers general and financial insurance decision making process and giving an unrivalled service compared to any direct operator\/channel or financial institution.\u00a0 Brokers Ireland is a credible commentator and media source and an expert voice in the areas of general\/commercial insurance matters, personal finance, pensions and mortgages.<\/li>\n<li>Brokers Ireland receives widespread coverage in numerous local and national newspapers, industry publications in addition to local and national radio and news stations which is regularly communicated to members.<\/li>\n<li>Members communication includes fortnightly ezine newsletters; compliance bulletins; &#8216;Irish Broker&#8217; magazine;\u00a0 Brokers Ireland website; videos and social media platforms to ensure that members are regularly kept briefed and updated on industry information and changes.<\/li>\n<li>Access to continually updated Members area on the website with documents, news, press releases.<\/li>\n<\/ul>\n<h3><strong>CPD Events<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">Brokers Ireland is committed to helping members and their sta\ufb00 meet their annual CPD requirements. Brokers Ireland provides over 60 hours of life and general insurance CPD annually, covering all categories for members every year inclusive of your membership fee.<\/p>\n<p style=\"padding-left: 40px;\">Brokers Ireland also host annually Meet the Market Day for Insurance Brokers, the Broker Expert Awards and individual Insurance and Financial Broker Conferences, as well workshops, soft skills training, webinars and ethics seminars annually for members.<\/p>\n<h3><strong>Negotiated Agency Agreements<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">The organization has negotiated agency agreements with all Life offices, (Please contact the Brokers Ireland office to get a list of company contacts so that you can obtain these improved agreements).<\/p>\n<p style=\"padding-left: 40px;\">The Key features of the Agency Agreement are as follows:<\/p>\n<ul style=\"margin: 14px;\">\n<li>Non-cancellation on the grounds of production of business<\/li>\n<li>Agency buy-out<\/li>\n<li>Client Bank protection<\/li>\n<li>Dispute resolution &amp; arbitration<\/li>\n<\/ul>\n<h3><strong>Compensation Fund<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">Brokers can significantly improve their competitive position through our Compensation fund.\u00a0 The Compensation Fund was established with the primary purpose of assisting the clients of Brokers who are members of Brokers Ireland where the Broker is unable due to financial considerations to return money to its clients. This can arise where the Broker\u2019s business is wound up at a time when it was holding money for its clients. All Brokers Ireland Brokers contribute to the Compensation Fund every year.<\/p>\n<p style=\"padding-left: 40px;\">The Compensation Fund accepts and processes claims from clients of Brokers Ireland members that meet the criteria relating to the Compensation Fund.<\/p>\n<h3><strong>Affinity Schemes<\/strong><\/h3>\n<div style=\"padding-left: 40px;\">Brokers Ireland has negotiated a comprehensive package of Affinity Schemes and discounts for the benefit of our members through providing special savings and offers across key business services such as:<\/div>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Compliance Services<\/li>\n<li>Professional Indemnity Schemes<\/li>\n<li>Telecommunications<\/li>\n<li>IT Support &amp; Services<\/li>\n<li>Recruitment<\/li>\n<li>Print &amp; Stationery<\/li>\n<li>Utilities<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">The current range of BI Affinity Schemes can be viewed on Brokers Ireland&#8217;s Members Section of the website through a convenient <strong>E-GUIDE\u00a0<\/strong>which provides members with an instant reference to affinity concessions to help drive greater efficiencies and value across your businesses.<\/p>\n<h3><strong>Brokers Ireland Mortgage Services<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">Brokers Ireland Mortgage Services facilitates the independence of the Brokers by giving them access to almost all the lenders in the market. We provide a non-exclusive packaging solution, with no threshold requirements. This service is of critical importance in ensuring that the mortgage market remains accessible to Brokers Ireland Members. As a member of Brokers Ireland you can join Brokers Ireland Mortgage Services for no additional joining fee if you are authorized as a Mortgage Intermediary, for more information and application fees on Brokers Ireland Mortgage Services please contact the Mortgage unit 01 4922203<\/p>\n<p style=\"padding-left: 40px;\">The key advantages to members are:<\/p>\n<ul style=\"margin: 14px;\">\n<li>Increased commission starting from 1% with no thresholds<\/li>\n<li>Flexibility to deal with the Network or not depending on the agency\u2019s held<\/li>\n<\/ul>\n<h3><strong>Broker 4 Broker Scheme<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">Brokers Ireland \u00a0has broker for broker facility with up to 100 different product types, covering 20 different categories of risk, to allow members to access these products. Some of the comprehensive list of products covered includes Liability, personal, motor Marine, leisure, retail and sport. For further information please contact the Brokers Ireland office on 01 661 3067.<\/p>\n<h3><strong>Brokers Ireland Logo &amp; Branding<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">You can use the Brokers Ireland name and logo on all your company stationery, enhancing your credibility as a member of the pre-eminent Broker body in Ireland.<\/p>\n<h3><strong>Financial Broker Membership<\/strong><\/h3>\n<p style=\"padding-left: 40px;\">At the beginning of 2010, PIBA initiated a Broker branding project with the support of the eight life companies. The feedback from the consumer groups, the life companies and Broker research groups indicated that there is overwhelming support for the concept of a larger brand that represents the Brokerage community in Ireland.\u00a0 The aim of the project was to create consumer awareness of the Broker profession and develop a common platform and identity for Brokers, thereby establishing Brokers as part of a consumer\u2019s consideration set when making financial decisions.<\/p>\n<p style=\"padding-left: 40px;\">For an additional subscription, you can become a Financial Broker member. Your profile will appear on a central register of Financial Brokers on <a href=\"http:\/\/scanmail.trustwave.com\/?c=6600&amp;d=v_662tX7a_xQyv-Nov9omxtL1pkIWHPje091E7cvzA&amp;s=611&amp;u=http%3a%2f%2fwww%2efinancialbroker%2eie\">www.financialbroker.ie<\/a>. All marketing and advertising efforts will direct the public to this register.\u00a0 For more information on Financial Broker please contact Niamh Hayes on 01 01 6613067, or <a href=\"mailto:niamh@brokersireland.ie\">niamh@brokersireland.ie<\/a>.<\/p>\n<h3 style=\"padding-left: 80px;\"><strong>Financial Broker Guides<\/strong><\/h3>\n<p style=\"padding-left: 80px;\">We have launched 30+ professional Financial Broker guides with over 600 pages of technical guidance to enhance your business.\u00a0 As well as technical guides, there are 11 consumer booklets available, that can be distributed to clients\/potential clients to assist you in your marketing efforts.<\/p>\n<h3>Insurance Broker Membership<\/h3>\n<p style=\"padding-left: 40px;\">Brokers Ireland has developed and launched an Insurance Broker brand with the aim of help enhancing consumers perception and profile of Insurance Brokers and positively endorse the overall image of Brokers as a group. The brand is intended to vibrantly promote Brokers and their value proposition by projecting the dynamism, spirit and professionalism which is essential to retaining customers and to winning new business.<\/p>\n<p style=\"padding-left: 40px;\">Brokers Ireland recognise the need to raise and improve consumer awareness of Insurance Brokers and believe that a forward-facing, client-focused brand is essential to Brokers\u2019 business succession and remaining relevant to customer requirements.<\/p>\n<p style=\"padding-left: 40px;\">Membership of the Insurance Broker brand includes the following benefits for Insurance Brokers:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Insurance Broker Website &#8211; Broker profile page and presence<\/li>\n<li>Digital campaign directing consumers to Insurance Broker website and local Broker<\/li>\n<li>Technical and Consumer Guidebooks<\/li>\n<li>POS; Social Media and Marketing Materials which can be customised for client-faced communication<\/li>\n<li>National advertising and brand awareness campaigns to enhance the value proposition of Insurance Broker<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><strong>Other Membership Benefits Include<\/strong><\/h3>\n<ul style=\"margin: 14px;\">\n<li>Regular advice, bulletins and information to assist you in continually improving and growing your business<\/li>\n<li>Your company contact details will be listed on the Brokers Ireland website for public viewing.<\/li>\n<li>Affinity deals; phones, PII Group scheme, Niche Life product, stationary, call recording and printers. For further information on these benefits, please contact Brokers Ireland.<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">At Brokers Ireland, we are committed to offering you great service.\u00a0 To view a list of our staff that are happy to help you with any questions you may have, please <a href=\"https:\/\/brokersireland.ie\/about-us\/staff-profiles\/\">click <u>here<\/u><\/a><\/p>\n<p style=\"padding-left: 40px;\">If you have any queries on the above please contact our offices on 01-661 3067.<\/p>\n<h3><strong>Practical Documents<\/strong><\/h3>\n<ul style=\"margin: 14px;\">\n<li>Professional Indemnity Guide<\/li>\n<li>Several template documents for your business<\/li>\n<\/ul>\n<h3><strong>Use of Brokers Ireland Facilities<\/strong><\/h3>\n<ul style=\"margin: 14px;\">\n<li>All our members have FREE access to the Brokers Ireland boardroom facility, which holds up to 16 people including internet access and Wide Screen TV and presentation facilities.<\/li>\n<\/ul>\n<p>For further information on joining Brokers Ireland, please call David Holton on 01 661 3067 or alternatively email <a href=\"mailto:david@brokersireland.ie\">david@brokersireland.ie<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Compliance &amp; Legislation A fully comprehensive Compliance manual incorporating the revised Consumer Protection Code, template documents and other regulatory requirements that are relevant to our members Review facility available &#8211; whereby Members \u2018Terms of Business\u2019 and other relevant compliance documents, procedures and websites can be reviewed by the Compliance unit Provision of individual compliance support [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-become.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-8788","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Benefits of Membership | Brokers Ireland<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brokersireland.ie\/benefits-of-membership\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Benefits of Membership | Brokers Ireland\" \/>\n<meta property=\"og:description\" content=\"Compliance &amp; 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