About Us - LEA Insurance Brokers Pty Ltd
ABN 58 523 762 917 AFSL 241 418
Since commencing business in 1978 as Barry J Lea & Associates Pty Ltd, and with the amalgamation of Robina Insurance Brokers in 1992, LEA Insurance Brokers Pty Ltd has grown to become one of the strongest and most respected licensed insurance brokering firms in Queensland.
LEA Insurance Brokers Pty Ltd is 100% Australian owned, and operated by 11 Principals with diverse and respected backgrounds. Each with decades of experience in the insurance industry, many have held positions on industry-related boards. The principals’ combined experience therefore, enables LEA to offer a number of unique market specialisations which allows clients to benefit from specialist advice. With 5 additional brokers and a support staff of 17 operating between two main offices in Brisbane and the Gold Coast, LEA Insurance Brokers Pty Ltd is committed to providing solutions to your insurance requirements.
LEA Insurance Brokers Pty Ltd is a member and shareholder of IBNA (Insurance Brokers Network Australia) – a national company with 85 broker members who have their own insurance facility with unique policies to benefit their clients. As part of LEA’s commitment to remaining abreast of industry matters for the benefit of their clients, the company also supports the QPIB (Qualified Practising Insurance Brokers) program and is a member of:
- National Insurance Brokers Association (NIBA)
- Council of Queensland Insurance Brokers (CQIB)
Why use an Insurance Broker?
With so many insurance companies in the marketplace, which one provides the best value for money and right amount of cover for you? It's easy to be overwhelmed and take short cuts without understanding the fine print and whether the policy is in fact suited to your specific needs.
Qualified Practicing Insurance Brokers (QPIBs) will save you time, worry and money through their knowledge of the benefits, exclusions and costs of competing policies on the market.
Their understanding of the insurance market means they even have the ability to negotiate competitive premiums on your behalf. They can also arrange and place your cover, and will often provide advice on how to make the most of your insurance budget.
A Qualified Practicing Insurance Broker can offer you:
- An Audit of your specific insurance needs;
- Negotiation of competitive premiums on your behalf;
- Professional advice about the most suitable package;
- Value for your money; and
- Time savings.
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Protecting your interests
Under the guidance of the National Insurance Brokers Association (NIBA) and the regulations of the Financial Services Reform Bill (passed in 2001), you can be assured that your best interests are the main concern of a Qualified Practicing Insurance Broker.
Through ongoing professional education from the National Insurance Brokers Association (NIBA), Qualified Practicing Insurance Brokers are up-to-date with the latest industry trends to provide you with quality, unbiased advice.
A qualified insurance broker will explain your policy and any special situations you need to watch out for. The broker is also obliged to advise you of the fees that will be charged for the services provided to you.
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The Importance of Reading our Financial Services Guide
When we provide advice or work for you, we recommend you read our Financial Services Guide (FSG). This is LEA Insurance Brokers' own guide and contains information about the services we offer, how we operate, the commissions we receive, how we deal with customer complaints, and any interests, associations or relationships that we have with our insurers.
It is important that you know that we work for you: our client. If you have any further questions, please ask us or one of our brokers. You can download our Financial Services Guide here.
Click here to download the Financial Services Guide
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The Importance of Reading your Product Disclosure Statement
In addition to our own FSG, when we arrange insurance coverage products for you, we will give you a Product Disclosure Statement (PDS), which is prepared by the relevant insurer and describes the insurance coverage, the terms and conditions, features, benefits, costs, commissions, risks and information about complaints handling and your cooling off rights. It is important that you read this information to fully understand the nature of the product or advice being provided. So, after you've been provided with the PDS, please feel free to ask us for more information about the product or coverage being provided. You should have enough detail to be able to make an informed decision about the insurance coverage you buy through us.