Industries/Financial Services/Insurance Brokers
Insurance Brokers.
AFSL, binder authorities and broker-client agreements.
Overview
General insurance brokers operate under an AFSL and increasingly complex binder, cover-holder and agency arrangements with insurers. We cover licensing, disclosure, broker-client terms and the AFCA disputes that inevitably follow denied claims.
Where we're pulled in
Common challenges.
- AFSL scope, authorised representative structures and PI cover
- Binder, cover-holder and agency agreements with insurers
- Retail vs wholesale client classification and disclosure
- AFCA complaints and coverage disputes
How we help
Services tuned for insurance brokers.
Licensing & structure
AFSL applications, AR agreements and responsible manager frameworks for broking businesses.
Broker-client terms
Client service agreements, FSGs and terms of engagement calibrated to retail and wholesale clients.
Insurer arrangements
Binder, cover-holder and agency agreement review and negotiation.
Disputes & AFCA
Coverage disputes, denied-claims responses and AFCA complaint handling.
FAQs
Questions we hear often.
- Can you help with a book-of-business sale?
- Yes — buying and selling broking books is a regular engagement, including regulatory transfer and TUPE-style employee issues.
Keep reading
Related insights & professions.
Related professions
Talk to us
Legal built for insurance brokers — financial services.
Send us a note about what you're working on. We'll respond within one business day and, if we're a fit, book a free 15-minute consultation with a senior lawyer.