British Insurance Brokers’ Association (Biba)
Green Deal: Green living
With the Energy Act imposing new energy‑efficiency standards on commercially and privately let properties by April 2018, what do the changes mean for the insurance industry?
Biba disappointed at government’s SME flood exclusion
The British Insurance Brokers’ Association has expressed its disappointment at the government’s decision to exclude SMEs from incoming flood legislation.
Biba to expand cost of regulation research to include non-EU markets
The British Insurance Brokers’ Association is revisiting research it conducted in 2011 on regulatory cost for brokers with plans to expand its scope to include key insurance markets outside the UK and Europe.
Failure to offer customers payment plans could see brokers lose out on business
Brokers warned to be careful of interest rates on instalment plans.
Industry bodies join forces to warn public about threat of ghost brokers
ABI, Ifed and IFB work with Crimestoppers in campaign targeting young male drivers.
Comment: My Licence will benefit all parties
Project aims to reduce costs for insurers, speed up underwriting and ultimately bring down motor premiums.
IFB levy increase not prohibitive to members who see ‘value for money’
The Insurance Fraud Bureau’s decision to increase its levies for 2014 will not be an obstacle to membership, according to market commentators, as its data sharing capabilities are seen as “value for money”.
Market moves: New faces as well as departures across the industry in a lively week for recruitment
This week saw a surge of recruitment, with changes and appointments across the industry. Post revealed that Simply Health would be axing two of its directors, while Covéa, Ace and XL were among the firms bolstering numbers. Bluefin continued a spate of…
Riot Damages Act recommendations could lead to improved underwriting
Recommendations in the independent review of the Riot (Damages) Act 1886 could be a blessing in disguise for insurers according to industry insiders.
Lord Hunt appointed as Biba INED
The British Insurance Brokers’ Association has appointed Lord Hunt of Wirral as its first independent non-executive director.
Andy Homer steps down as Biba chairman
Andy Homer is to stand down as chairman of the British Insurance Brokers’ Association after nearly two years in the role.
High Street Brokers: Word on the street
While many had expected the increase in alternative methods of buying insurance to signal the demise of high-street brokers, they are still going strong. What are they doing right?
Biba restructure reflects greater focus on engagement with membership
Regional membership divisions replaced by segment-based approach.
GI sector fears ABI restructure will push its issues down the pecking order
General Insurance will merge with life and pensions and be led by Huw Evans.
Editors comment: Trick or treat?
Aviva has done it this year, as has QBE, while brokers such as Towergate have got in on the act too – but now it seems it’s the trade bodies’ turn to follow suit.
Biba given green light by members to instigate strategic restructure
The British Insurance Brokers’ Association has today rubber stamped proposals to restructure its membership and governance models outlined in its strategic review amid overwhelming support from members.
Biba supports whiplash move
The British Insurance Brokers’ Association has welcomed the announcement today by Justice Secretary Chris Grayling to establish independent medical panels to assess whiplash injuries.
Industry warns over reputational risk of FCA’s ‘name and shame’ policy
Regulator’s new plans could see individuals under investigation outed publicly.
Expertise in Action: Broker: Preferential treatment
Few clients are interested in commission disclosure, however, the issue of preferential treatment for brokers that produce the most business for insurers could soon face regulatory scrutiny.
General insurance second only to PPI in H1 2013 FCA complaints
Payment protection insurance and other insurance products were the two most complained about products categories in the first half of 2013, according to the Financial Conduct Authority.
Career file: Peter Staddon - Staddon appointed MD of the MGAA
Peter Staddon has been appointed the first managing director of the Managing General Agents' Association.
Market Moves: Zurich departures and Tripp’s return top what has been a busy week for the market
It was a busy week for insurers seeking to bolster their numbers, with HSB, Avanti and Sterling among the firms to bring in new faces. Zurich, however, may have made the most significant announcement in the form of the departures of two of its broker…
Biba announces a customer focus 2014 conference
The British Insurance Brokers’ Association has revealed the theme for its 2014 conference as Customer, Customer, Customer.
Staddon named MD of the MGAA
Peter Staddon has been appointed as the first managing director of the Managing General Agents' Association.