Becoming an RGIB authorised representative provides an easy solution for those persons wishing to work in the insurance intermediary industry, without the usual burdensome procedure.

Since the inception of the Financial Services Reform Act’ 2004 ‘FSR’ our industry has introduced a number of stringent and costly procedures to reach a higher professional standard required by the FSR’.

However, the cost of establishing and maintaining compliance standards is enormous thus, the alternative solution of becoming an authorised representative of a licensed firm such as ours, is an attractive one.

Essentially, the FSR’, allows an Australian Financial Service License ‘AFSL’ holder such as RGIB’, to appoint aauthorised representatives to act on our behalf selling available products and/or services and typically earning a commission on each sale and renewal.

The advantages of becoming an RGIB authorised representative are many, for instance;

If you would like to talk to us about becoming an RGIB authorised representative we encourage you to complete the brief form available online or, you can call Mr Stephenson or Mr Brown on 13-RGIB.

Some Examples Of Potential Authorised Representatives

Retired Bank Manager - (regional VIC) serving approximately 30 of his previous small business customers, about 10 hours work per month, helps pay for his annual holiday.

Confectionary Salesman - (regional NSW) serving more than 100 small business customers and at the same time introducing his services as an RGIB authorised representative, arranging insurance for more than 50 of them.

Bookkeeper - (Sydney suburbs) serving 12 business weekly, helping to arrange insurance for each client, adds approximately $400 per month to their income for around 3 hours per client per year.