Begin your application to become an Authorised Representative or resume your saved draft.
Apply to become a broker
Interested in joining NeedCover Group? Submit your basic details to apply. Our licensing team will review your application and be in touch.
Fill out basic information
Continue existing
Already started your application? Enter your registered email to resume right where you left off.
Resume with email
Apply to Become an Authorised Representative
Submit your primary broker and business details for NeedCover AFSL review.
Step 1: Expression of Interest
Application Received
Thank you, !
We've received your application to join NeedCover Group as an Authorised Representative.
Confirmation sent to:
Our licensing team will review your application details. Once approved to proceed, you will receive an official invitation email containing a secure link to complete your full application and compliance profile.
Application Created & Saved
Check your email
We've sent a secure access link to user@example.com.
Email verification required: To validate your contact details and protect your application, please open the email and click the verification button to continue.
Didn't receive the email? Check your junk or spam folder.
Dispatched from: noreply@tontofast.com.au
All changes saved to session
1. Authorised Representative(s) & Team Members
Register the Principal Broker (AR 1) and any additional brokers or authorised staff operating under this CAR appointment.
1 Appointee
Principal Authorised Representative (AR 1)
CAR Director & Key Responsible Broker
Primary Appointee
Target date for broking system access (applies to team members by default)
Have other brokers or team members joining?
Add account executives, brokers, or staff under this Corporate AR appointment.
Personal & Background Due Diligence Checklist
Statutory KYC, police check, credit history, and professional references for the primary appointee.
Copy of Resume / CV
Broking experience & employment history
Required
Upload required
Driver's Licence or ID
Current government-issued photo ID (front & back)
Required
Upload required
Right to Work in Australia
Australian Passport, Citizenship cert or VEVO check
Registered Business Names / Trading Names (if applicable)
Other registered business or trading names operating under this CAR ABN.
1.3
Other Financial Services Authorisations (Current & Past 5 Years)
All other AFSL authorisations held by the CAR currently and in the previous 5 years.
2. Commission Remittance Bank Account
Bank account for monthly brokerage revenue distribution and commission statements (Part 4 of agreement).
3. Nominated Premium Funder & Referrers
Nominated premium funding provider and referrer arrangement disclosures (Part 1.1 & Part 3).
Select one, multiple, or all premium funding partners you intend to utilize.
|
Loading premium funding partners from Twenty CRM...
0 selectedSynced directly with Twenty CRM Companies
Business Plan
Action Required
1-3 year projected premium income, target industries, and marketing approach
Upload required
ABN & Business Name Certificate
Optional
ASIC Business name registration and active Australian Business Number
Upload optional
Website / Online Presence
Optional
Domain or LinkedIn company profile for marketing compliance
List of Referrers
Optional
Only where referral fees or commissions are shared (accountants, mortgage brokers)
Upload optional
List of Policies
Pending
Existing book portfolio size, lines of business (Commercial, SME, Personal), or new startup estimate
Upload required
List of Clients
Pending
Client book details, active customer accounts, or transition schedule
Upload required
4. Regulatory & Licensing History
Previous Licensee associations, cross endorsements, and ASIC registry information.
Details of Existing or Previous Licensee Relationships
Include any past AFSL appointments, cross-endorsements, reason for departure, or any disciplinary notifications.
ASIC Registration Details
If you or your corporate entity currently hold an ASIC AR # or CAR #, enter it below:
Part 5: Good Fame & Character Declaration
Statutory Fit & Proper Person Assessment (Corporations Act 2001 Section 912A & ASIC RG 104).
Pending
As an applicant for appointment as an Authorised Representative under NeedCover AFSL, you must truthfully complete the following 9 statutory declarations. Answering "Yes" does not automatically disqualify you, but full particulars must be provided for evaluation.
1. Have you ever been convicted of any criminal offence involving dishonesty, fraud, money laundering, theft, insider trading or market manipulation?
2. Have you ever been declared bankrupt, entered into a scheme of arrangement, or taken advantage of any bankruptcy laws?
3. Have you ever been a director or officer of a company that was placed into liquidation, administration, receivership, or had a receiver appointed?
4. Have you ever been the subject of disciplinary proceedings, censured, suspended, or expelled by any professional body or industry association (e.g. NIBA, ANZIIF, FAAA)?
5. Have you ever been refused, had cancelled, suspended, or had conditions imposed on any licence, authority, registration, or membership by ASIC, APRA, AUSTRAC, or another regulator?
6. Have you ever been banned or disqualified from providing financial services, being a company director, or managing a corporation?
7. Have you or any business you operated ever had a broker agreement, agency agreement, or AFSL appointment terminated for cause, breach of compliance, or misconduct?
8. Have you ever been the subject of any investigation, inquiry, or enforcement action by ASIC, APRA, AFCA, or any government agency?
9. Are there any other matters, past or pending legal proceedings, or circumstances that could adversely affect your reputation or ability to act as an Authorised Representative in good faith?
Please answer each question honestly. If you answer "Yes" to any question, provide full particulars in the box that appears so our Compliance Committee can review and formulate an appropriate conflict management plan.
1. Do you hold any direct or indirect ownership, shareholding, or financial interest in any insurer, underwriting agency, or binder?
2. Do you have any personal or immediate family relationships with directors, key employees, or underwriters at insurance companies that could influence business placement?
3. Do you receive or anticipate receiving any volume-based bonuses, override commissions, soft-dollar benefits, or hospitality incentives from any insurer or product issuer?
4. Do you operate or hold an interest in any related entity (e.g. accounting, financial planning, legal, loss adjusting, premium funding) that refers clients or receives referral fees?
5. Are there any other existing or potential conflicts of interest between yourself, your corporate entity, and your clients or NeedCover AFSL?
Optional Supporting Document: Upload any relevant conflict policies, deeds, or correspondence.
None attached
Part 6: Professional Indemnity & Claims History
PI policy coverage confirmation and past 5-year claims disclosure (Part 6 of form).
Pending
Standalone PI Policy Particulars
Claims History Declarations (Last 5 Years)
1. Have you or any corporate entity you have been a director/officer of ever had a claim made against you under a Professional Indemnity policy in the last 5 years?
2. Are you aware of any circumstance, incident, or client complaint that may give rise to a claim against you or your business under a PI policy?
3. Has any insurer ever declined, cancelled, refused to renew, or imposed special terms/excesses on your Professional Indemnity insurance?
Step 5 • Statutory Agreements
Legal Agreements & Execution
Review, sign, and upload the formal appointment agreements under NeedCover AFSL 239911.
NeedCover AFSL has approved a 100% waiver for technology fees and Professional Indemnity insurance establishment costs.
Costs Waived ✓
Section 2 of Grant's Agreement
Technology & PI Insurance Costs
Infrastructure required to operate securely as a licensed insurance broker under NeedCover AFSL.
Monthly Establishment Cost Schedule
Invoiced separately each month during your initial business growth phase.
Total Monthly Cost
$479.45 / mo
INSIGHT User Fees$82.00
Broker Management System & client accounting platform
Sunrise VPN$82.00
Secure insurer gateway & placement exchange
OfficeTech Licence$120.00
Document management & policy audit platform
PI Insurance$195.45
Professional Indemnity cover under AFSL 239911
When these costs stop being invoiced separately:
• Once your book of business reaches $100,000 in annual income, these separately invoiced technology and PI costs are fully absorbed into the standard NeedCover management fee.
• From that point you will no longer be required to pay them separately!
Attached Legal Forms to Return
Please review and upload the applicable statutory agreements: