British Insurance Brokers’ Association (Biba)
Biba launches MP guide to promote benefits of brokers
The British Insurance Brokers' Association has launched a guide for MPs to help constituents with insurance and promote the benefits of using a broker.
Motor and home premiums fall almost 7% in past year
The British Insurance Brokers’ Association has highlighted government and industry initiatives as a contributing factor behind a 6.8% reduction in the cost of motor and homes insurance in the past year.
Insurers call for ‘fundamentally dishonest’ wording to be scrapped
House of Lords agreed to clause 45 of Criminal Justice and Courts Bill
Flood Re cap will not limit scheme's ability to pay out, claims ABI
The Association of British Insurers has criticised ratings agency Moody's for its report on the regulatory arrangements for Flood Re saying its £100m cap will have no impact on the scheme's ability to pay flood claims to insurers.
Trade Voice: What’s changed since 1886?
As we approach the third anniversary of the London riots, the British Insurance Brokers’ Association is submitting its response to the consultation Reform of the Riot Damages Act 1886.
CII president Mistry hammers out 'one voice' agenda
Chartered Insurance Institute president Ashwin Mistry has issued a rallying cry for other industry organisations and trade bodies to get behind his ‘one voice’ agenda in a bid to exceed increasing consumer expectations.
Bridges joins Biba as technical services manager
The British Insurance Brokers’ Association has appointed Martin Bridges as its technical services manager with immediate effect.
Biba heralds 'transparent' Insurance Bill
The British Insurance Brokers’ Association has welcomed the introduction of the Insurance Bill as a means of increasing “certainty over the rules” on contracts between insurers and businesses.
Biba calls for level playing field for aggregators
The British Insurance Brokers' Association is urging the Financial Conduct Authority to act on the findings of its thematic review of price comparison websites by ensuring aggregators meet customer expectations.
Brokers warn over impact of renewal transparency plans on direct insurers
ABI sends FCA letter asking it to enforce minimum standards of information
Trade bodies agree to further Flood Re exclusions talks
The Association of British Insurers and the British Insurance Brokers' Association have agreed to ongoing discussions around customers excluded from Flood Re.
Brokers and insurers hit with 3.2% FCA levy hikes
Both general insurers and brokers will have their fees to the Financial Conduct Authority hiked for the next financial year.
Insurers and government consider risk cover for growing asset-sharing sector
Concerns raised over claims management companies approaching the industry
Brokers expected to prove worth after cut to minimum level of solicitors’ PI
ABI criticises SRA’s ‘misguided idea’ that reduction will lower premiums
Banning pre‑med whiplash settlements is not cost-effective, insurers tell TSC
Insurers refute Mass claim that pre-med settlements invite fraud
Biba to formulate guidance on sharing economy
The British Insurance Brokers' Association is to put together guidance on insuring risks for asset-sharing companies following a meeting between industry and government yesterday.
Permanent Flood Re CEO to be named this week
Flood Re Limited will this week unveil a permanent chief executive ahead of the release of a consultation addressing the final scope of the scheme.
Biba welcomes TSC's 'positive' whiplash proposals
The British Insurance Brokers’ Association has welcomed the Transport Select Committee’s latest whiplash report saying it supports “changes to protect innocent customers from the added cost of fraudulent insurance claims”.
Editor's comment: A look into the broking crystal ball
The UK consumer saw a glimpse into the future this week when Google launched its Google Glass product for the first time outside the US.
Brokers told to explain their services to customers as disclosure decision looms
German transparency U-turn means mandatory commission disclosure is likely
Industry and government to meet on sharing society insurance solution
Insurance industry representatives are to meet with government and asset-sharing companies next month to discuss insurance solutions for people who share their homes and vehicles.
Flood Re excluded parties given hope as government and industry bodies meet
Defra conducting research into issues faced by SMEs and leasehold properties
ABI outlines Flood Re SME exclusion stance at Defra meeting
The Association of British Insurers reiterated its view there is no evidence SMEs have a problem accessing affordable flood cover at a meeting between government and representative organisations yesterday.
Underinsurance an issue for classic car owners as values soar
Owners of classic cars are being urged to review the value of their vintage vehicles amid claims that unprecedented appreciation has led to inadequate insurance coverage.