Namibia Insurance Brokers Association (NIBA), Formed in 1990, NIBA is the official association elected by its members to represent the broker industry on all levels in this sector. NIBA is self-regulated and plays a vital, disciplinary role in the industry, with a key focus on professional ethics and a formal code of conduct. NIBA effectively promotes the brokers and leveragesâ public value and perception in favour of the intermediary. NIBA is the conduit between brokers, insurers, the NIA and NAMFISA.