Farm Insurance Australia :: News
SHARE

Share this news item!

IAG's NextGen Program Opens Doors for Future Insurance Professionals

Empowering High School Graduates with Hands-On Experience in Insurance

IAG's NextGen Program Opens Doors for Future Insurance Professionals?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Insurance Australia Group (IAG) has launched the second iteration of its NextGen Ambition Program, an innovative initiative designed to provide high school graduates with a pathway into the insurance industry without the necessity of a university degree.
This year-long program offers full-time, paid work experience across various facets of IAG's Intermediated Insurance Australia division, which includes leading brands such as CGU and WFI Insurance.

Participants in the NextGen Program will benefit from hands-on experience, working under the guidance of dedicated mentors to develop a comprehensive understanding of the insurance sector. This initiative reflects IAG's commitment to diversifying its talent pool and fostering the next generation of insurance professionals.

For freelancers and self-employed individuals, the introduction of such programs is a positive indicator of the industry's dedication to innovation and customer-centric services. As new talent enters the field, there is potential for fresh perspectives and approaches that could lead to more tailored insurance products and improved customer service experiences.

Key aspects of the NextGen Program include:

  • Practical Experience: Graduates gain real-world exposure to various roles within the insurance industry, enhancing their skills and understanding.
  • Mentorship: Each participant is paired with a mentor, providing guidance and support throughout the program.
  • Career Development: The program serves as a stepping stone for long-term careers in insurance, offering opportunities for advancement and specialization.

For the broader community, initiatives like the NextGen Program contribute to a more robust and dynamic insurance industry. By investing in young talent, companies like IAG are ensuring the sector remains responsive to evolving consumer needs and market trends.

In conclusion, IAG's NextGen Ambition Program represents a forward-thinking approach to talent development in the insurance industry. For freelancers and self-employed professionals, this commitment to nurturing new talent may translate into more innovative and personalized insurance solutions in the future.

Published:Wednesday, 14th Jan 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

Australian Insurers See Profit Surge in Q3 2025
Australian Insurers See Profit Surge in Q3 2025
14 Jan 2026: Paige Estritori
In the third quarter of 2025, Australian general insurers reported a significant after-tax profit of nearly AUD 2.3 billion, marking an increase from approximately AUD 2.1 billion in the same period of 2024. This uptick reflects a combination of rising premium revenues and a reduction in claims, contributing to the industry's robust financial performance. - read more
Navigating the Escalating Insurance Risks for Australian Businesses
Navigating the Escalating Insurance Risks for Australian Businesses
14 Jan 2026: Paige Estritori
Australian businesses are currently navigating a complex landscape of escalating insurance risks, influenced by factors such as increased litigation, technological advancements, supply chain disruptions, and climate-related events. These challenges necessitate a proactive approach to risk management and insurance coverage. - read more
Positive Shifts in Australia's D&O Insurance Market in 2025
Positive Shifts in Australia's D&O Insurance Market in 2025
14 Jan 2026: Paige Estritori
The directors and officers' (D&O) insurance market in Australia has experienced a positive shift in 2025, offering more opportunities for well-managed businesses to protect their boards and senior managers. This development is largely driven by increased competition, particularly from offshore insurance markets, prompting Australian insurers to reassess their risk rating criteria to remain competitive. - read more
Suncorp Group Divests Banking Operations to ANZ
Suncorp Group Divests Banking Operations to ANZ
14 Jan 2026: Paige Estritori
Suncorp Group has successfully completed the sale of its banking arm, Suncorp Bank, to the Australia and New Zealand Banking Group (ANZ). This strategic move, finalized on 31 July 2024, follows approvals from the Australian Competition Tribunal and the Federal Treasurer, marking a significant transformation in Suncorp's business model. - read more
IAG's NextGen Program Opens Doors for Future Insurance Professionals
IAG's NextGen Program Opens Doors for Future Insurance Professionals
14 Jan 2026: Paige Estritori
Insurance Australia Group (IAG) has launched the second iteration of its NextGen Ambition Program, an innovative initiative designed to provide high school graduates with a pathway into the insurance industry without the necessity of a university degree. This year-long program offers full-time, paid work experience across various facets of IAG's Intermediated Insurance Australia division, which includes leading brands such as CGU and WFI Insurance. - read more
Allianz Australia Penalised for Misleading Insurance Practices
Allianz Australia Penalised for Misleading Insurance Practices
14 Jan 2026: Paige Estritori
In a significant development for the Australian insurance sector, Allianz Australia and its subsidiary, AWP Australia, have been fined $16.8 million for making false and misleading statements. This penalty, imposed by the Commonwealth Director of Public Prosecutions following an investigation by the Australian Securities & Investments Commission (ASIC), underscores the critical importance of transparency and honesty in insurance communications. - read more
AUSactive and Health Partners Collaborate to Enhance Fitness Service Accessibility
AUSactive and Health Partners Collaborate to Enhance Fitness Service Accessibility
13 Jan 2026: Paige Estritori
AUSactive, Australia's peak body for the exercise and active health sector, has announced a significant partnership with Health Partners, a not-for-profit health fund with over 85 years of service to South Australians. This collaboration recognises eligible AUSactive Personal Trainers and fitness businesses as approved providers, allowing Health Partners members to claim benefits for personal training sessions, classes, and gym memberships under their Extras policy when part of a medically necessary health management plan. - read more
AIA Australia Teams Up with Peloton and Specialized to Encourage Active Lifestyles
AIA Australia Teams Up with Peloton and Specialized to Encourage Active Lifestyles
13 Jan 2026: Paige Estritori
AIA Australia, a leading life, health, and wellbeing insurer, has announced partnerships with global fitness company Peloton and premium cycling brand Specialized. These collaborations aim to provide AIA Vitality members with significant discounts and incentives to promote cycling, both at home and outdoors. - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums
Australian Insurers Achieve Record Profits Amid Rising Premiums
13 Jan 2026: Paige Estritori
In 2024, Australia's insurance sector reported an after-tax profit of $6.1 billion, a significant increase from the five-year average of $2 billion. This surge is primarily attributed to substantial premium hikes and a relatively calm year concerning natural disasters. - read more
Government Consultancy Contracts Near $1 Billion Amid Outsourcing Reduction Efforts
Government Consultancy Contracts Near $1 Billion Amid Outsourcing Reduction Efforts
13 Jan 2026: Paige Estritori
Recent research indicates that the Australian federal government signed contracts worth nearly $1 billion with consultancy firms in the last financial year, marking a 48% increase from the previous year. This development comes despite the government's commitment to reduce reliance on external consultants. - read more


Farm Insurance Articles

What Australian Farmers Should Know About Crop Insurance
What Australian Farmers Should Know About Crop Insurance
Crop insurance is a type of insurance policy designed to protect farmers from the financial losses that arise from damages to their crops. This could be due to various risks, including adverse weather conditions, pests, and diseases. - read more
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
In the dynamic world of Australian agriculture, farm equipment plays a crucial role in the day-to-day operations of farms. From tractors to harvesters, having the right machinery means managing your farm more efficiently. However, the high value of this equipment makes it essential to protect it adequately through insurance. - read more
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
Farming, at its core, is an enterprise fraught with uncertainty. Weather calamities, pests, diseases, and fluctuating market conditions can all impact the output and quality of produce. This is where crop insurance proves its worth, serving as a safety net for farmers against the myriad risks they face each season. - read more
Investing in Your Farm's Legacy: Estate Planning and Farm Insurance Combined
Investing in Your Farm's Legacy: Estate Planning and Farm Insurance Combined
Farming is much more than an occupation; it's a way of life and a heritage that often spans generations. In today's ever-evolving agricultural landscape, embracing modern practices while preserving your farm's future has never been more crucial. Estate planning emerges as a pivotal strategy for safeguarding your agricultural legacy, ensuring that your hard-earned investments and the land you hold dear are passed on according to your wishes. - read more
A Farmer's Guide to Essential Farm Insurance Terminology
A Farmer's Guide to Essential Farm Insurance Terminology
Farming is a vital industry in Australia, requiring significant investment in equipment, crops, livestock, and labour. As with any major investment, protecting it is crucial. That's where farm insurance comes in. - read more
The Digital Farmer's Guide to Insuring Your Agribusiness in the Tech Age
The Digital Farmer's Guide to Insuring Your Agribusiness in the Tech Age
Welcome to the defining era where technology and agriculture entwine, bringing forth the digital farmer's era. With the evolution of agribusiness in the tech age, comes an array of new tools, opportunities, and risks. As a custodian of the earth and steward of the latest innovations, safeguarding your digital farm is just as crucial as nurturing your crops and livestock. - read more
Proven Strategies for Australian Farmers to Reduce Farm Insurance Premiums
Proven Strategies for Australian Farmers to Reduce Farm Insurance Premiums
Welcome to our comprehensive guide on navigating the complexities of farm insurance for Australian farmers. As an integral part of the agricultural industry, insurance provides a safety net that helps secure the livelihood of farmers against unpredictable events that can lead to financial hardship. From property damage due to natural disasters to loss of livestock or crops, having adequate farm insurance can make all the difference in keeping a farming operation afloat in times of crisis. - read more
Risk Management and Insurance Options for Farmers
Risk Management and Insurance Options for Farmers
Risk management is the practice of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. In farming, risk management involves various strategies to protect the financial health and operational stability of the farm. - read more
5 Essential Farm Insurance Policies Every Australian Farmer Needs
5 Essential Farm Insurance Policies Every Australian Farmer Needs
Farming in Australia is not just a job, it's a way of life. However, it’s also a livelihood that comes with its own unique set of risks. From unexpected weather events to machinery breakdowns, the life of an Australian farmer is fraught with uncertainties. - read more
Farm Liability Insurance Costs vs. Benefits: Is It Worth It?
Farm Liability Insurance Costs vs. Benefits: Is It Worth It?
Farm liability insurance is a type of coverage that protects farmers from financial losses due to legal claims and lawsuits. This insurance is crucial for safeguarding your farm against various liabilities that may arise from farm operations. - read more


Need a Quote?
Start your free farm insurance quote comparison here.
Farm Type:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Underwriting:
The process by which an insurer determines the risk of insuring a client and decides the terms of coverage.