What makes Dynamic Insurance Services one of the top brokerages in Australia?

What makes Dynamic Insurance Services one of the top brokerages in Australia? | Insurance Business Australia

Insurance News

What makes Dynamic Insurance Services one of the top brokerages in Australia?

Firm made it to this year’s Insurance Business Australia Top Brokerages 2023 awards

Insurance News

By
Roxanne Libatique

Dynamic Insurance Services (Dynamic Insurance) has been named one of Insurance Business Australia’s Top Brokerages for 2023.

IB’s Top Brokerages 2023 awards recognise insurance brokerage firms that adapted to and excelled in the ever-changing Australian insurance market. It ranked the nominees based on:

number of clients
client growth
clients per broker
policies written
policies written per broker
revenue
revenue per broker
revenue per policy
policy revenue growth

Award-winning insurance brokerage firm

Dynamic Insurance has made it to this year’s list of Top Brokerages for enabling brokers to showcase autonomy and individuality, resulting in a whopping 97% client retention rate. It is also one of the few general insurance licensees headed by a female founder, Cynthia Yap, who has over 25 years of industry experience.

“Our brokers are encouraged to ‘specialise’ in a market niche because it allows them to negotiate an insurance scheme with the underwriters for the most competitive insurance premiums,” Yap told IB.

Brokers receive mentorship and support for whatever stage of their business or clientele and attractive commission rates from Dynamic Insurance. Meanwhile, clients receive top-in-class service, fast response, competitive financing options, annual re-marketing of policies, hassle-free claims experience, and dynamic brokers.

“Our clients never have to wait longer than two hours for a response, and our brokers are contactable over the weekends for urgent claims,” Yap said. “Our brokers understand their clients’ business needs and pair them with the right product and appropriate level of cover for any foreseeable risk or contingency.”