Brookvale Insurance Brokers

What Brookvale Insurance Brokers does

Brookvale Insurance Brokers is a member of the largest insurance broker network. They are able to command extremely competitive terms and conditions on behalf of their clientele. Each broker specializes in different fields of insurance and manages their own portfolio of clients. Therefore, they can be assured of specialized, thorough and quality service.

Name

Brookvale Insurance Brokers

Legal name

Brookvale Insurance Brokers Pty Ltd.

Website

https://bib.com.au/

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Brookvale Insurance Brokers offers a full spectrum of General Insurance products.

Ownership category

akta.pro rank

Headquarters

HQ city

Balgowlah

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Brokerage Commissions: Brookvale Insurance Brokers earns revenue through commissions from insurance products placed with underwriters. As a preferred broker for major domestic and international underwriters, they arrange policies and receive brokerage fees as compensation for placing insurance coverage.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Brookvale Insurance Brokers is an Australian insurance brokerage that arranges and places general and specialty insurance policies on behalf of clients with multiple domestic and international underwriters. Operating since 1983 as a Steadfast Network member, the firm provides tailored advice, policy placement, and ongoing claims assistance across business, professional, strata, household, and specialty insurance lines.

Product overview

Brookvale Insurance Brokers offers a comprehensive portfolio of insurance products through two main categories: General Insurance (Business & Commercial, Professional & Financial Risks, Residential & Commercial Strata, Household, and Workers Compensation) and Specialty Insurance (Owner Builder, Builders Contract Works, and Food & Coffee Van). As a Steadfast network member and NIBA member since 1983, the firm provides risk management advice and claims assistance. The offering includes digital tools such as insurance calculators and an insurance glossary to support client education.

Differentiator

Problem solved

Functional benefit

Products and services

• Builders Contract Works Insurance Contract works insurance (Contractors All Risks) covering material damage to construction projects and public liability, available for commercial and residential builders.
• Business & Commercial Insurance Comprehensive business insurance covering workers compensation, contract works, marine transit, management liability, professional indemnity, and personal accident and illness for businesses of all sizes.
• Professional & Financial Risks Insurance Technical insurance coverage including professional indemnity, medical malpractice, IT liability, cyber liability, superannuation trustees liability, surety bonds, management liability, and miscellaneous professional indemnity for professionals and financial services firms.
• Residential & Commercial Strata Insurance Insurance for residential, commercial and mixed Strata Titles covering building, workers compensation, office bearers legal liability, voluntary workers, fidelity guarantee, and machinery breakdown for body corporates, strata schemes, and property managers.
• Household Insurance Home and contents insurance including landlords insurance, with product tiers ranging from prestige (full accidental damage) to standard defined events, accidental damage, and basic no-frills cover for homeowners and landlords.
• Workers Compensation Insurance Compulsory workers compensation insurance for NSW employers, with rates set by WorkCover based on annual wages and occupation codes, offered in partnership with ABILITY GROUP.
• Owner Builder Insurance Specialist insurance for owner builders covering construction insurance and warranty insurance, underwritten predominantly by QBE and provided through OwnerBuilderIns.com.au.
• Food & Coffee Van Insurance Specialist mobile business insurance for food and beverage vans, covering over 700 vans Australia-wide with tailored policies for mobile operators.
• Claims Assistance In-house claims department providing assistance with lodgement, negotiation, and settlement of claims for clients in the event of loss or damage.

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered flagship and core.

• Steadfast GroupflagshipChannel Partner/ Reseller/ DistributorBrookvale Insurance Brokers is a member of the Steadfast Group - the largest insurance broker network in Australia and New Zealand with over 300 brokerages across more than 700 offices. Steadfast generated over $6.1 billion in sales in FY15. This membership provides network buying power for competitive insurer pricing and access to multiple insurance companies and products.
• ABILITY GROUPcoreStrategic or Co-development PartnerBrookvale Insurance Brokers has partnered with ABILITY GROUP to provide workers compensation expertise to clients. ABILITY GROUP offers free initial workers compensation support and fee-for-service solutions for businesses of all sizes across industries, giving Brookvale clients access to market leading workers compensation expertise.
• National Insurance Brokers Association of Australia (NIBA)coreOthersBrookvale Insurance Brokers is a member of NIBA - the National Insurance Brokers Association of Australia. Each broker is enrolled in continuing education programs through NIBA or the Insurance Institute to maintain qualifications.
• QBE InsurancecoreOthersOwner Builder Insurance policies under the OwnerBuilderIns.com.au scheme are predominantly underwritten by QBE Insurance, one of Australia's major insurers. This partnership enables Brookvale to offer specialist owner builder construction and warranty insurance.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Honan Insurance Group: Mid-market Australian commercial and specialty insurance broker headquartered in Melbourne with similar product breadth (commercial, professional indemnity, construction, strata). Directly comparable size, structure, and target customer segments to Brookvale.
• Cover-More Insurance Brokers / Lumley Insurance: Australian mid-market insurance broker (Lumley/IAG-affiliated) distributing commercial and specialty lines to SMEs and consumers. Closely comparable in customer segments, distribution style, and product breadth to Brookvale's traditional broker model.

Broad incumbents

• Aon Australia: Australian arm of global broker Aon, providing risk advisory, commercial insurance placement, and reinsurance across all major lines. Operates broadly in the same Australian insurance intermediary market but at vastly larger scale and global footprint.
• Marsh Pty Ltd (Marsh Australia): Australian operations of global broker Marsh, offering commercial insurance, risk advisory, and claims management to enterprise and mid-market clients. Direct overlap in product category but vastly larger scale, enterprise focus, and broader portfolio.
• Arthur J. Gallagher & Co (Australia): Global insurance broker with significant Australian presence, providing commercial and specialty placement, claims advocacy, and risk management. Competes in many of the same mid-market and specialty niches as Brookvale but at much greater scale.
• PSC Insurance Group: ASX-listed Australian insurance broker consolidator with a portfolio of specialty and general broking businesses across Australia, the UK, and Asia. Competes broadly with Brookvale and represents the acquisitive roll-up model that could affect mid-market broker economics.
• Steadfast Group Limited: ASX-listed parent of the Steadfast broker network (300+ brokerages, 700+ offices, $6.1B FY15 sales) of which Brookvale is a member. Sets network terms, leverages scale with underwriters, and provides technology platforms that shape how member brokers like Brookvale compete.

Emerging players

• BizCover: Digital-first Australian online commercial insurance broker targeting SMEs with instant online quoting across multiple lines. Represents the technology-enabled competitive threat to traditional brokers like Brookvale operating without proprietary technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/brookvaleinsurancebrokers
• LinkedInlinkedin.com/company/brookvale-insurance-brokers-pty-ltd/?originalSubdomain=au

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brookvale Insurance Brokers