British Insurance Brokers’ Association (Biba)
Biba warns brokers on £21m FSCS levy
The British Insurance Brokers' Association has warned that it is increasingly likely that a proposed levy on insurance brokers will come into effect.
Biba launches manifesto for “the year of change”
The British Insurance Brokers’ Association has launched its manifesto for 2013, promising to meet customers’ needs, promote fairer regulation and support jobs.
Biba unveils conference speakers for 2013
Martin Wheatley, CEO designate of the Financial Conduct Authority, David Miliband MP, Olympic cycling star Sir Chris Hoy MBE and entrepreneur Hilary Devey will all be speaking at this year’s Biba conference.
Brokerbility boss challenges industry to set agenda for future generations
Brokerbility has launched a call to arms for the insurance industry having tired of witnessing a series of political and PR own goals.
Smaller brokers have nothing to fear from Financial Conduct Authority
An ageing workforce rather than more stringent regulation is likely to drive consolidation of smaller brokers in the year ahead, according to market experts.
UK regulator committed to risk-based regulation regardless of EU status
Plans to implement Solvency II will not be derailed by the Prime Minister’s pledge to hold a referendum on European Union membership if he is re-elected at the next general election.
Penny Black's Insurance week
This week, Penny has been curious to see how the industry might vote in an EU referendum proposed by Prime Minister David Cameron.
Insurers argue FSCS funding structure to pay into broker pool is 'unreasonable'
The British Insurance Brokers' Association has condemned plans to revise the funding structure of the Financial Services Compensation Scheme, arguing that the charges faced by insurance brokers remain "unacceptably high".
Premium Credit CEO aims for 16% broker penetration in next 12 months
Premium Credit chief executive Andrew Doman has outlined his strategy to double broker penetration in 2013.
Fraud prevention: Capital punishment
It has been a year since the Insurance Fraud Enforcement Department opened for business in the City of London. Is the specialist team living up to the hype?
Biba welcomes Cameron referendum promise
The British Insurance Brokers' Association has backed a guarantee from Prime Minister David Cameron to hold an 'in/out' referendum on the European Union by the end of 2017.
Post magazine - 24 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
Biba finds optimistic broker outlook for future
Brokers are more positive about investing in new staff according to a survey by the British Insurance Brokers’ Association.
ABI hits back at Biba claim regarding increased payout battle
The Association of British Insurers has rejected the view expressed by the British Insurance Brokers' Association that the challenging economic climate has led to insurers adopting a stricter policy interpretation.
ABI slams revised FSCS rules
The Association of British Insurers has condemned plans by the Financial Services Authority to update its rules for the Financial Services Compensation Scheme, saying that insurers will be paying for the failure of other financial institutions.
Biba warns on increasing payout battles
Two-thirds of brokers have had to fight harder to get claims paid, according to research from the British Insurance Brokers' Association, blaming fraud and the economy.
Investing in the profession: Biba gains CPD accreditation
The British Insurance Brokers' Association has received Continuing Professional Development accreditation from the Chartered Insurance Institute.
Insurance industry 'not ready' to scrap motor insurance certificates
Direct Line Group has backed the views of insurance industry bodies calling for more research before the government pushes ahead with proposals to scrap motor insurance certificates.
Biba gets Continuing Professional Development accreditation
The British Insurance Brokers' Association has received Continuing Professional Development accreditation from the Chartered Insurance Institute.
Gender Directive to push up female motor premiums by 38%
Motor insurance premiums for young female drivers are expected to face sharp increases when the European Gender Directive comes into force on Friday, according to research by the British Insurance Brokers' Association.
Review of the Year: Brokers - A bumpy ride
Brokers have experienced a somewhat tumultuous year, with imminent regulatory changes, big-name departures and the ongoing financial crisis all leaving their mark on 2012. What next for the sector?
Brokers turn to unrated insurers for high risk clients
Towergate's decision to sign a £70m underwriting deal with Gable is evidence of a change in market perception on unrated insurers and an increasing willingness to use them, industry players believe.
Biba: female drivers could face 40% hike in premiums
Insurers have played down pricing implications for young female drivers ahead of the introduction of the EU Gender Directive next week, despite claims that premiums could rise by as much as 40%.