General Insurance · Authorised Representatives

AR Market Movement Dashboard

31 Mar 2026 → 30 Apr 2026 · April 2026
Take me to the Q1 report
Headline insights
The market is sticky at one-month cadence.99% of individual ARs stayed exactly where they were. Just 7 ARs switched AFSL across the whole of April.
Growth is from new blood, not poaching.59 new individual ARs entered the GI broker set — 43 brand new, 16 re-entering after a gap, 0 from non-GI AFSLs. Compare that to just 7 inter-AFSL switches.
Metrix Connect is the destination of choice.Of the 7 inter-AFSL moves, 3 landed at Metrix — the only AFSL with multiple inflows this month. Dynamic Insurance Services → Metrix: 2. Community Broker Network → Metrix: 1.
CBN has flipped vs Q1.Last quarter Community Broker Network was the biggest exporter, shedding 12 ARs to other AFSLs. In April it's the biggest absolute grower (+10 net) — but that came almost entirely from new ARs joining their network, not poaching.
Total Individual ARs
3,885
▲ +19 (+0.5%)
Stayed at Same AFSL
3,819
99% retention
7 ARs switched AFSL
New Individual ARs
59
▲ new ARs in window
43 new · 16 re-entering · 0 from other AFSLs
Ceased / Left
40
▼ ARs ceased in window
Population Bridge · Individual ARs only
+59 ARs entered, −40 ceased or left
3,866
31 Mar 2026
Baseline
+59
New
Entrants
Ceased /
Left
−40
3,885
30 Apr 2026
Result

Market Stickiness

99% stayed at same AFSL 0.2% switched AFSL
AFSL Performance

Biggest Growers

Absolute net change
AFSLChange
Community Broker Network+10
Peninsula Mutual+4
Metrix Connect+4
McLardy McShane Partners+3
Sirius Insurance+3

Biggest Shrinkers

Absolute net change
AFSLChange
Resilium Insurance Broking-5
Dynamic Insurance Services-3
Professional Services Corporation-2
Oracle Group (australia)-2
Ausure-1

Fastest Growing

Percentage change (min 5 ARs)
AFSL%
Webber Insurance Group 7→9+29%
AJS Holding Co 5→6+20%
EBN Holdings 11→13+18%
Sirius Insurance 29→32+10%
Sureinsure 22→24+9%

Fastest Shrinking

Percentage change (min 5 ARs)
AFSL%
Professional Services Corporation 5→3-40%
Dynamic Insurance Services 10→7-30%
Elliott Australia Group 5→4-20%
Sparaxis 8→7-12%
Kbi Group 17→16-6%
Movement Flows

AFSL Transfers · Individual ARs only

7 ARs switched AFSL within the GI-primary set
2
Dynamic Insurance Services
Metrix Connect
transfer
1
Community Broker Network
Metrix Connect
transfer
1
Elliott Australia Group
Apollo Risk Services
transfer
1
Insurance Advisernet Australia
Resilium Insurance Broking
transfer
1
PSC Connect
McLardy McShane Partners
transfer
1
Resilium Insurance Broking
Community Broker Network
transfer

Top Net Importers (from moves)

Metrix Connect+3
Apollo Risk Services+1
McLardy McShane Partners+1

Top Net Exporters (from moves)

Dynamic Insurance Services-2
Elliott Australia Group-1
Insurance Advisernet Australia-1
Total Registered ARs + CARs
5,989
▲ +23 (+0.4%)
Stayed at Same AFSL
5,896
99% retention
11 ARs + CARs switched AFSL
New Entrants
82
▲ new ARs + CARs in window
64 new · 17 re-entering · 1 from other AFSLs
Ceased / Left
59
▼ ARs + CARs ceased in window
Population Bridge · Individual ARs + CARs
+82 ARs + CARs entered, −59 ceased or left
5,966
31 Mar 2026
Baseline
+82
New
Entrants
Ceased /
Left
−59
5,989
30 Apr 2026
Result

Market Stickiness

99% stayed at same AFSL 0.2% switched AFSL
AFSL Performance

Biggest Growers

Absolute net change
AFSLChange
Community Broker Network+10
Sirius Insurance+9
Metrix Connect+8
McLardy McShane Partners+5
Peninsula Mutual+4

Biggest Shrinkers

Absolute net change
AFSLChange
Whitbread Associates-6
Resilium Insurance Broking-6
Dynamic Insurance Services-6
Oracle Group (australia)-4
Resolute Property Protect-4

Fastest Growing

Percentage change (min 5 ARs + CARs)
AFSL%
Webber Insurance Group 8→10+25%
Sirius Insurance 44→53+20%
AJS Holding Co 6→7+17%
EBN Holdings 25→27+8%
Metrix Connect 107→115+7%

Fastest Shrinking

Percentage change (min 5 ARs + CARs)
AFSL%
Dynamic Insurance Services 17→11-35%
McCormick Harris & Associates 6→5-17%
Elliott Australia Group 6→5-17%
Sparaxis 16→14-12%
BMS Risk Solutions 11→10-9%
Movement Flows

AFSL Transfers · Individual ARs + CARs

11 ARs + CARs switched AFSL within the GI-primary set
5
Dynamic Insurance Services
Metrix Connect
transfer
2
PSC Connect
McLardy McShane Partners
transfer
1
Community Broker Network
Metrix Connect
transfer
1
Elliott Australia Group
Apollo Risk Services
transfer
1
Insurance Advisernet Australia
Resilium Insurance Broking
transfer
1
Resilium Insurance Broking
Community Broker Network
transfer

Top Net Importers (from moves)

Metrix Connect+6
McLardy McShane Partners+2
Apollo Risk Services+1

Top Net Exporters (from moves)

Dynamic Insurance Services-5
PSC Connect-2
Insurance Advisernet Australia-1
Total Corporate ARs
2,104
▲ +4 (+0.2%)
Stayed at Same AFSL
2,077
99% retention
4 CARs switched AFSL
New Corporate ARs
23
▲ new CARs in window
21 new · 1 re-entering · 1 from other AFSLs
Ceased / Left
19
▼ CARs ceased in window
Population Bridge · Corporate ARs only
+23 CARs entered, −19 ceased or left
2,100
31 Mar 2026
Baseline
+23
New
Entrants
Ceased /
Left
−19
2,104
30 Apr 2026
Result

Market Stickiness

99% stayed at same AFSL 0.2% switched AFSL
AFSL Performance

Biggest Growers

Absolute net change
AFSLChange
Sirius Insurance+6
Metrix Connect+4
McLardy McShane Partners+2
Finstead Risk Solutions NEW+1
BMIA Broker Network+1

Biggest Shrinkers

Absolute net change
AFSLChange
Whitbread Associates-6
Resolute Property Protect-4
Dynamic Insurance Services-3
Oracle Group (australia)-2
Australian Broker Network-1

Fastest Growing

Percentage change (min 5 CARs)
AFSL%
Sirius Insurance 15→21+40%
BMIA Broker Network 9→10+11%
Metrix Connect 37→41+11%
Network Insurance House Broking 17→18+6%
Sureinsure 20→21+5%

Fastest Shrinking

Percentage change (min 5 CARs)
AFSL%
Dynamic Insurance Services 7→4-43%
McCormick Harris & Associates 6→5-17%
Sparaxis 8→7-12%
Whitbread Associates 117→111-5%
Resolute Property Protect 84→80-5%
Movement Flows

AFSL Transfers · Corporate ARs only

4 CARs switched AFSL within the GI-primary set
3
Dynamic Insurance Services
Metrix Connect
transfer
1
PSC Connect
McLardy McShane Partners
transfer

Top Net Importers (from moves)

Metrix Connect+3
McLardy McShane Partners+1

Top Net Exporters (from moves)

Dynamic Insurance Services-3
PSC Connect-1
Source & Method
Dataset

ASIC AFS Representative Register (data.gov.au). Active GI-broker AFSLs only — excludes banks, insurers, underwriters, multi-class licensees, and captive auto-finance. Snapshots taken 31 Mar 2026 and 30 Apr 2026.

Cut

A "switch" = same AR appearing under a different AFSL between snapshots, matched on name + ABN. New entrants = first ever appearance. Ceased = present in March, absent in April. Recent registrations awaiting ASIC catch-up may briefly show as ceased.

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