NIBA details response to code review recommendations
ACIL’s comments follow NIBA’s publication of its formal response to the Independent Review of the Insurance Brokers Code of Practice, led by independent reviewer Phil Khoury of cameron. ralph. khoury. NIBA’s board has considered all 14 recommendations from the review. The recommendations address the code’s structure and enforceability, disclosure of remuneration and conflicts of interest, protections for vulnerable clients, standards of professional conduct, renewal and record‑keeping practices, the role of the Insurance Brokers Code Compliance Committee (IBCCC), and overall governance arrangements. “This review has provided valuable input, and NIBA has listened to all stakeholders. Our response reflects feedback from our profession and clients, and our commitment to continuing to raise standards. The broking profession exists to serve – our code ensures we deliver trusted advice, and the 2026 code update will set high standards for excellence,” said NIBA president Nick Cook.
