The British Insurance Brokers’ Association (BIBA) has announced that its online “find a BIBA broker” facility is to feature in Aviva’s next advertising push. The TV campaign, which begins in October, will encourage commercial customers to contact their local broker for advice, through an Aviva branded version of the BIBA search facility. BIBA is therefore [...]
The British Insurance Brokers’ Association (BIBA), The Law Society and The Association of British Insurers (ABI) have launched a guide to buying professional indemnity (PI) insurance for solicitors, providing a resource for the renewal process. According to the trade bodies, the solicitors’ PI insurance market is “complicated and unique with a specific policy wording and [...]
The recession is prompting insurers to make lower offers for claims. The suggestion comes from the British Insurance Brokers’ Association (Biba) which has been researching its members to find that the majority have been successfully fighting for increased payments over the past year. The survey found that 91% of brokers had secured an increased payment [...]
The British Insurance Brokers’ Association (BIBA) has been named 2009 Trade Association of the Year. The body, which represents 17,000 UK brokers, received the Best Practice Award from the Trade Association Forum and also won the Commercial Initiative and Exhibition categories. Thirty seven other associations were in the running but judges were impressed with BIBA’s [...]
The British Insurance Brokers’ Association (BIBA) has announced that Patrick Smith is to become its new chairman. Mr Smith, who is also chairman of Swinton, will be confirmed as chairman elect at BIBA’s annual general meeting later this month and will take up the role in September, replacing Derek Thornton. In addition to 38 years’ [...]
The British Insurance Brokers’ Association (BIBA) has announced the formation of the BIBA London Market Region Committee (LMRC), which will represent its London market brokers. The committee is chaired by Ken Davidson, currently chairman of Crispin Speers, and will be integrated into BIBA’s existing regional committee structure. The new body replaces the London Market Brokers’ [...]
Insurers are putting pressure on the government to modify new equality laws so they continue to refuse cover to elderly clients. Currently, many insurers put upper age limits on motor and travel insurance policies, and charge people double premiums on travel insurance after they turn 66. The government’s proposed Equality Bill would put an end [...]
The Government has agreed to back date access to “top up” cover on trade credit insurance to 1st October 2008. The news has been welcomed by the British Insurance Brokers’ Association (BIBA), which has been petitioning the Department for Business Enterprise and Regulatory Reform (BERR) for the change. According to BIBA, the original scheme failed [...]
The British Insurance Brokers’ Association (BIBA) is appointing Robert Brown, chief executive officer of Aon Corporate and Affinity, to its board. Mr Brown, who has worked in the insurance industry for 25 years, will take up the post in July 2009 and Eric Galbraith, BIBA’s chief executive, believes his wealth of knowledge and experience will [...]
The British Insurance Brokers’ Association (BIBA) has published new research showing that consumers are reducing insurance cover as a result of the recession, with home and motor insurance taking the brunt. In a survey of its members, the body found 23% of respondents had seen their personal lines customers reduce their level of insurance protection [...]
New research from the British Insurance Brokers’ Association (BIBA) shows the extent to which UK businesses are cutting back on insurance cover during the recession. According to the body, more than half of BIBA brokers surveyed have seen commercial customers reduce their level of insurance protection during the economic downturn. Of this group, 45% reported [...]
The British Insurance Brokers’ Association (Biba) is making fresh calls for strong co-operation between the insurance industry and Government, to protect households and businesses from flooding. The Department for Environment, Food and Rural Affairs (DEFRA) is setting up a £5 million fund that will be used to safeguard vulnerable homes and Biba is suggesting a [...]
The British Insurance Brokers’ Association (Biba) has indicated that it may be looking to forge closer links with the Association of Independent Financial Advisers (AIFA). In the early part of this year, both organisations denied rumours that they could merge but about a fortnight ago the London Market Insurance Brokers’ Committee (LMIBC) announced that it [...]
The British Insurance Brokers’ Association (BIBA) has confirmed it continues to represent all UK general insurance intermediaries including London Market brokers, following the proposal of a new association for brokers operating in the international wholesale and reinsurance markets. It is understood that this new association will want to take over the administration of the London [...]
The British Insurance Brokers’ Association (BIBA) has won the Sector Representation Award at the Trade Association Forum Best Practice Awards. The Forum exists to provide access to information about UK trade associations and business sectors. In making the best practice awards, its judges were looking for a campaign, initiative or legal matter that ended with [...]
The British Insurance Brokers’ Association (BIBA) is challenging the Financial Services Authority (FSA) to review its Insurance Conduct of Business rules for electronic introductions – specifically price comparison sites that list insurance products. This comes in the wake of a study funded by BIBA and carried out by FWD, which came to the conclusion that [...]
The British Insurance Brokers’ Association (BIBA) has published its submission to the Flooding: Lessons Learned Review, which has been commissioned by the Government. In the document, BIBA makes the point that the balance of risk is changing, with shifting patterns of climate change. It assumes an increased likelihood of flooding in the UK and recommends [...]
