Stage One – Nominations
A nationwide call for nominations will be conducted from October 2019 to December 2019 using Insurance Business’ print and online channels. Nominations are open across 25 categories. Any individual or company operating in the Australian insurance industry is eligible to submit a nomination, either on their own behalf or for someone else.
Nominations should focus on achievements and results from the previous 12 months. All information contained in the entries and marked confidential will be treated as such and not be released without permission of the entrant.
All nominations must be submitted via the official Insurance Business Awards online portal and must be submitted on or before the final date of entry (13 December 2019). The Insurance Business Awards team reserves the right to refuse any nominations submitted after this date.
Each nomination should not exceed 500 words so we encourage nominations to be brief, concise and factual. If successful as a finalist, you will have the opportunity to complete a detailed submission addressing the category criteria in more detail.
Stage Two – Research and selection of finalists
The Insurance Business Awards team will also conduct research and draw on knowledge and information gained through Insurance Business’ connections to the insurance industry in order to support and supplement nominations received and to ensure that no one deserving of recognition is missed. Finalists will be determined from both pools of information.
Stage Three – Confirmation of finalists
Once the research has been completed, finalists will be selected in each category (except the three National awards) and notified via phone and e-mail. Finalists will also be announced in Insurance Business magazine and online. Finalists for the three National awards – Australian Broker of the Year, Australian Brokerage of the Year and Australian Young Gun of the Year – will comprise the winners of the other broker, brokerage and Young Gun categories and will be announced at the event itself.
Stage Four – Finalist submission
All finalists will be invited to complete an official submission form, which will be forwarded to an independent judging panel. The submission form will ask for details on how each finalist fulfils the criteria in their award category. All information contained in the submissions will remain entirely confidential unless otherwise marked and will not be shared with any third parties other than the judges.
Stage Five - Judging
The Insurance Business Awards team will send completed finalist submissions to an independent panel of judges, comprising insurance industry leaders and senior representatives. Judges will be well known and well respected within the industry and their judgment will be impartial, balanced, incisive and fair. Any judge with a conflict of interest in a particular category will recuse themselves from judging that category. Judges will review the finalist submissions and allocate a score for each finalist. The finalist with the highest score in each category once the judging process has been completed will be named the winner.
Stage Six – Awards ceremony
The winners in each category will be announced at the Insurance Business Awards official gala event and awards ceremony on Friday 1 May 2020. Winners will also be published in Insurance Business magazine and online.