IBAC announces new logo

The IBAC has introduced a new logo. The Broker Identity Program (BIP) logo was created in 1988 as part of a national campaign to promote the role of the insurance broker as a qualified professional who works for the insurance consumer, providing unbiased advice, choice and customer service. Since then, the iconic magenta “bipper” has garnered strong brand awareness and become a widely-recognized symbol that consumers associate with trust, security and integrity.

“After 30 years of success, we are refreshing the logo to be more contemporary,” says CEO Peter Braid.“We are not tampering with our hard-earned brand equity – it’s an evolution, not a re-creation. The new logo will be easily recognizable and familiar, with the same classic magenta colour, and the public will see both designs coexisting as brokers transition to the updated version.”

At the same time, small adjustments create a bold, modern feel, says an IBAC media release. The new logo’s goal is to convey strength and stability, while being confident and dynamic, like the 38,000 brokers that it represents.

“Our logo refresh is an opportunity to reinvigorate our brand, boost recognition, and encourage consumers to take another look,” adds Braid. “What hasn’t changed is the message it conveys, that insurance brokers are part of an association of professionals who put consumers’ interests first.”

The introduction of IBAC’s new logo will be followed by the launch of a creative platform, which will remind consumers about the importance of getting the right insurance advice to ensure the right coverage.

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