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About PIBA

PIBA is the largest Broker representative body in Ireland and currently has a membership of approximately 900 Brokerage firms. PIBA is the national voice for insurance and mortgage Brokers and provides members with a strong, well resourced association that firmly represents and protects their interests in every area that impacts on their business.

PIBA recognises that in today's business climate a strong public presence and an accessible network of independent local Brokers are vital for consumers. The association is continuously working to promote the awareness and status of independent Brokers. Being independent means that PIBA members are not tied to any one company and pride themselves on the impartiality of the advice offered to consumers; enabling them to give an unrivalled service compared to any direct operator in the market.

In an increasingly complex financial marketplace consumers benefit from the choice, professional advice and service provided by independent, local Brokers who: assess individual needs; research the market; give product comparisons based on consumer needs and objectives and recommend the most appropriate products to address short, medium and long-term goals.

PIBA is run by a voluntary committee voted upon annually at the AGM. The executive is comprised of Chief Executive, Diarmuid Kelly and permanent staff, based in Crumlin, Dublin. The current Chairman is Michael Hoare, Mentor Financial Services.

Since its establishment in 1995, one of the major achievements of PIBA was to instigate agency agreements with the major life assurance companies in Ireland. This was a remarkable achievement and, for the first time, the rights of the Broker over his business were defined in an explicit agreement with a Life Office. 8 agency agreements are now in place with the main Life Offices.

The areas of legislation and regulation remain a key priority and PIBA will continue to lobby on behalf of its members. PIBA works closely with the Central Bank of Ireland, the Department of Finance and Financial Services Ombudsman to ensure that consumer interests are protected in any compliance or regulatory changes.

Our compliance unit provides members with a comprehensive service encompassing the provision of information, documents and guidelines to help Brokers comply with current rules and regulations.
Members can also avail of other significant benefits including:

  • free CPD events
  • group and individual support and representation
  • various life & general business development schemes
  • discounted rates for PI
  • access to our Mortage packaging facility (PIBA Mortgage Services)