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Home > Courses > FNS51220 Diploma of Insurance Broking
The FNS51220 Diploma of Insurance Broking is for those who want to get ahead as an insurance broker in the general insurance industry.
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Individuals will learn about the insurance industry, products and services, Tier 1 broking advice, general and personal advice, renewals and new business, quality client service, compliance for broking clients, promotion, resources, monitoring team performance, continuous improvement, working with premium clients, risk assessment for clients with complex risk exposures, complex and non-routine claims, identifying loss controls, and reviewing service performance.
After extensive industry consultation, two of the subjects include progressive assessment with coaching feedback and a comprehensive case studies, which include organisation profiles and character profiles. The characters have job roles as clients, insurance brokers, general insurer employees, and external specialists.
Individuals are given the opportunity to see a holistic view of general insurance broking as they apply technical solutions to complex problems, research, use initiative, and evaluate their own work.
For more information, please see the subject outlines below:
Insurance Broking Fundamentals (DipIB1F)
Provide Tier 1 Insurance Broking Advice (DipIB2A)
Client Relationship and Risk (DipIB3)
Complex Client Needs (DipIB4)
The 11 units of competency are awarded for the successful completion of the FNS51220 Diploma of Insurance Broking; seven (7) core and four (4) electives. Please refer to the information in the ‘Assessment’ section in relation to completing your course.
For information on the units of competency, please see the subject outlines in the ‘Course overview’ section.
If you wish to apply for CPD points, so that your Kaplan Professional insurance course counts towards your membership with the relevant industry body, you will need to supply the industry body with a copy of your transcript listing the units of competency.
The assessment tasks for each subject are listed below.
Units of competency are co-assessed within subjects, as listed in ‘Units of Competency’.
Individuals may attempt the assessment in each subject at any time if they believe they are adequately prepared. Individuals will receive personal reminder emails as they approach their assessment deadlines.
Individuals must be deemed competent in all assessment items, including demonstrating competency in all of the exam questions, in order to be awarded their qualification or course.
To learn more about what to expect when completing an oral assignment using audio please click here.
Individuals who complete the course or qualification will receive a statement of attainment per subject and a qualification certificate.
The topics and the assessment in subjects DipIB3 and DipIB4 use a comprehensive case study with characters in client, insurer, broker and external specialist roles. The organisations and their risk exposures will develop and change throughout the course.
Subjects DipIB3 and DipIB4 have progressive assessment which includes the following:
Individuals have a total of:
Therefore, if an individual completes the learning and assessment, and the re-submission time in every subject is granted, the duration will be 16 weeks.
The subject breakdown for this course is below:
Including all four (4) the subjects in this qualification (DipIB1F, DipIB2A, DipIB3, DipIB4), the total duration for the FNS51220 Diploma of Insurance Broking is 48 to 64 weeks.
The amount of training for this subject may be up to fifteen (15) hours per week. The amount of training is the hours an individual can expect to spend engaged in structured learning or tutor-led activities.
The assessment hours for this course may be up to seventeen (17) hours per week. These are the hours an individual can expect engaging in assessment activities.
In addition to the amount of training and assessment hours, individuals who are new to industry or vocational training could need up to five (5) hours per week, known as unsupervised hours. These additional hours are for study skills or further research. For example, an individual not working in industry would need more time to review industry websites that are usually introduced in workplace compliance training.
Individuals working in industry may be able to complete the course requirements in a shorter timeframe or less hours per week.
Additional study-related fees apply to formal extensions and re-enrolments. Please refer to the Vocational Education Fees schedule found here.
Please also refer to our Vocational Education and Training (VET) Enrolment Terms and Conditions here or our Student Handbook here for important information on:
There are no entry requirements.
However, it is recommended that individuals complete Tier 2 General Insurance Personal Advice for underpinning knowledge.
It is also recommended individuals are working in the insurance industry. Individuals are required to be aged 18 years or older to enrol in this course.
Individuals who are in Australia on a student visa are unable to enrol in this course. If you’re in Australia on a visa and wish to enrol, you need to ensure you’re enrolling in accordance with the study conditions of your visa.
This course requires you to read comprehensive learner workbooks, complete a range of written assessments, undertake independent research activities, and at times, engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written and oral communication.
If you have any doubts about whether you have the language, literacy and numeracy skills to undertake a Kaplan Professional program, we recommend you speak with our Student Services team on 1300 662 203 or email mail@kaplan.edu.au.
In order to complete your studies with Kaplan Professional, you are assumed to have the following skills and access relating to technology:
Skill requirements
To successfully complete this qualification, individuals will require basic computing skills. This may include:
Individuals may enrol in the FNS51220 Diploma of Insurance Broking at any time and begin studying immediately on enrolment.
This course is delivered online via Kaplan Professional’s learning management system, Kaplearn.
Kaplan Professional’s online learning portal, KapLearn, enables the provision of innovative, interactive learning resources and support. KapLearn can be accessed anywhere at any time using a computer or mobile device with internet access.
KapLearn is the access point for subject notes, supplementary learning material, practice activities and assessments. KapLearn is also the access point for ongoing support. The ‘Ask Your Tutor’ forum provides continuous technical support from subject matter experts.
For the subjects Client Relationship and Risk and Complex Client Needs, there is a comprehensive case study, which includes characters in client, general insurance, insurance broking, and specialist job roles. Individuals are given the opportunity to see a holistic view of general insurance broking as they apply technical solutions to complex problems, research, use initiative, and evaluate their own work.
It is recommended individuals complete the subjects in sequential order:
Individuals may be able to obtain RPL for a Kaplan Professional award subject based on their previous study and/or work experience. To do this, individuals must submit evidence demonstrating they have already met the requirements of the subject through these other means.
Evidence can take many forms, such as information about approved study, information about work experience, certificates, transcripts or other credentials.
To find out if you are eligible for RPL, refer to our Credit Transfer and Recognition of Prior Learning (RPL) page.
Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.
Click here to access our terms and conditions.
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Enrol directly into the program for $2635.00 (GST exempt).
For additional study-related fees, please click here.
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