Insurance Broking Studies in New Zealand

ANZIIF INSURANCE BROKING SKILLS UNITS

ANZIIF is continuously rolling out our ANZIIF Insurance Broking Skills Units. These Units recognise that brokers are hands-on and quickly gain their experience in the field, and have been designed to help build on and enhance your and your staff’s knowledge. 

Delivered fully online and completed in just five weeks (four weeks of learning and one week of assessment per unit), brokers can study where and when best suits them. Unlike longer, traditional study styles, ANZIIF Insurance Broking Skills Units allow brokers to choose only the Skills Units that offer the specific competencies they require, OR combine Units to attain a full professional qualification. 

Developed in consultation with senior broking professionals in New Zealand and Australia, each Skills Unit is comprised of interactive modules and utilise the concept of case-based learning. Units will be assessed via application of knowledge to real-world case studies, which are directly applicable to the specific skill/s and knowledge relevant to your and your staff’s situation.

DIPLOMA OF INSURANCE BROKING

If desired, Skills Units can be combined to attain a formal qualification, such as the Diploma of Insurance Broking. Made up of 8 ANZIIF Insurance Skills Units, the Diploma of Insurance Broking is formally recognised in New Zealand, Australia and parts of Asia. It is internationally transportable and exceeds NZQA Level 5 qualifications.  

RECOGNITION OF PRIOR LEARNING (RPL)

Brokers who have already completed a NZQA level 4 or level 5 qualification and/or have a minimum of five years of industry experience are eligible to receive credits and/or recognition of prior learning (RPL) towards a formal qualification.

FURTHER INFORMATION

For more information about the ANZIIF Diploma of Insurance Broking and ANZIIF Skills Units see the FAQs below or contact Customer Service on (freecall) 0800 103 675 or customerservice@anziif.com.   

FAQ

Q. What are ANZIIF Skills Units?
A. ANZIIF Skills units are flexible, fully online and delivered in ‘bite-sized’ chunks of five weeks (four weeks of learning and one week of assessment). Your staff can choose to complete only the Units that offer the specific skills and training they need, or they can combine Units to attain the Diploma of Insurance Broking. 

Q. Is the ANZIIF Diploma of Insurance Broking recognised in New Zealand?
A. Yes, the ANZIIF Diploma of Insurance Broking is recognised in New Zealand as a higher level qualification than a NZQA Level 5 qualification. 

Q. What are the regulatory requirements for minimum training and ongoing professional development for an Insurance Broker in NZ?
A. Under the Financial Advisors Act 2008, Insurance Brokers are defined as Financial Advisers, with those providing advice on Category 2 risk products, such as GI and Term Life products, being classified as Registered Financial Advisers (RFAs). Currently there is no regulatory requirement for minimum training or continuous professional development for RFAs.

Q. How many ANZIIF Skills Units do I, or my staff, have to complete to obtain the Diploma of Insurance Broking?
A. The Diploma of Insurance Broking is made up of nine (9) ANZIIF Skills Units. Brokers can choose to do individual units if they do not wish to obtain a formal qualification.

Q. My staff have already obtained a NZQA qualification. Can they receive credits towards the ANZIIF Diploma of Insurance Broking?
A. Yes, if your staff have completed a NZQA Level 4 and/or Level 5 qualification, they are eligible to receive credits towards the ANZIIF Diploma of Insurance Broking.

Q. My staff already have industry experience, is this recognised?
A. Yes, ANZIIF offers Recognition of Prior Learning (RPL). New Zealand insurance professionals who have more than five years relevant industry experience are eligible to apply for RPL as credit toward the ANZIIF Diploma of Insurance Broking.  

Q. My staff sometimes find it challenging to fit in and balance study with work and family-life. Does ANZIIF offer flexible study options?
A. Yes, ANZIIF Skills Units and the Diploma of Insurance Broking are offered online via short skills-based units that can be studied separately and at any time. This allows your staff to study where and when it best suits them.

Q. How do I know that the content of ANZIIF courses is relevant to my industry and of high quality?
A. ANZIIF has developed its education products in conjunction with industry experts in New Zealand and Australia and constantly reviews material for relevance, ensuring quality control of the highest standard.

Q. I operate my own insurance broking business. How will getting the ANZIIF Diploma of Insurance Broking benefit me?
A. Having an ANZIIF Diploma of Insurance Broking will show your clients that you and your staff are committed and have the skills and knowledge required to provide clients with superior advice and service. It will also set you and your staff apart from others in your industry who do not have the ANZIIF Diploma of Insurance Broking. 

Q. Is the ANZIIF Diploma of Insurance Broking recognised outside of New Zealand?
A. Yes, the ANZIIF Diploma of Insurance Broking is recognised internationally, especially in Australia and the Asia-Pacific region. 

Q. Does obtaining the ANZIIF Diploma of Insurance Broking make me eligible to become an ANZIIF member?
A. All insurance professionals are eligible to join ANZIIF. Levels of membership are determined by education level. If you have obtained the ANZIIF Diploma of Insurance Broking you can immediately join as a Senior Associate CIP.

Q. Where can I find more information on the ANZIIF Skills Units and Diploma of Insurance Broking?
A. More information about the ANZIIF Skills Units and Diploma of Insurance Broking can be found by contacting our Customer Service team on (freecall) 0800 103 675 or customerservice@anziif.com.