British Insurance Brokers’ Association (Biba)
Brokers unconcerned as RBSI rebrands as Direct Line
Brand Finance heralds move as sensible
Brokers issue retention rate warning over commercial insurance aggregation
Insurance firms looking to help aggregators target commercial insurance expansion in 2012 have been warned to check poor retention rates and increased fraud risks before over-committing themselves.
Business continuity plans can save companies, Biba research reveals
New research from the British Insurance Brokers’ Association and the Cabinet Office has revealed business continuity plans are likely to stop companies from failing after a major disruption such as a flood or fire.
FSA's 'twin peaks' transition model welcomed, but further clarity sought
The Financial Services Authority's decision to create a 'twin peaks' operating model to mirror the upcoming regulator has been hailed as a "chance to get it right for the future".
Brokers wary over Groupama transfers as S&P puts Aviva and Axa on rating alert
Up for sale insurer may be helped by wider eurozone worries.
Broker focus - Personal lines: Survival tactics
Embattled personal lines brokers are facing a tough climate with falling incomes and business volumes, but those willing to adapt to the new environment can survive and prosper.
CII Blog: Past, Present and Future
Now is a good idea time to reflect on the past year and 2011 was certainly a rollercoaster for those in insurance.
Jackson quits Carole Nash director role
Commercial director for Carole Nash, Simon Jackson, has quit after four years in the job.
World wide web inventor announced as BIBA conference keynote speaker
The inventor of the world wide web Sir Tim Berners-Lee will be the closing keynote speaker at British Insurance Brokers’ Association conference this year.
Biba welcomes Treasury report calling for fresh regulation outlook
The British Insurance Brokers’ Association has been among the first trade bodies to welcome today’s publication of a Treasury Committee report into the Financial Conduct Authority.
Biba “keen to engage” with cross departmental ministerial committee
Responding to the Transport Committee cost of motor insurance follow up, the British Insurance Brokers’ Association, welcomed the establishment of a cross departmental ministerial committee.
Biba 2012 manifesto focuses on broker regulation and supporting growth
The British Insurance Brokers’ Association has launched its 2012 manifesto outlining its priority lobbying issues for the year ahead.
EC gender directive guidelines a ‘disappointment’
The European Commission’s guidelines for applying the soon-to-be-implemented gender directive have added clarity but have been labelled a “disappointment”.
News analysis: Ombudsman moves to end ‘one size fits all’ fees for mass complaints
FOS consultation proposes supplementary fees to tackle record PPI complaints workload.
Biba members to benefit from crime requirements checking facility
Members of the British Insurance Brokers’ Association will be kept up to speed with their obligations under the Terrorism Act and the Financial Services Authority’s financial crime requirements following the association’s launch of a checking facility.
MPs demand changes to riot payments
MPs on the Home Affairs Committee have demanded the government speed up payments to victims of future riots and permanently extend the application deadline to 42 days.
Review of the year - Broking: Regulation and fees frustration
For many 2011 may be defined as the year that Kate Middleton and Prince William married. But for brokers, perhaps a far more important, but somewhat less romantic union, was that of the merger of trade bodies the British Insurance Brokers Association and…
News analysis: Application fraud to top the agenda for motor insurers in 2012
The New Year’s resolution for many motor insurers is to tackle application fraud with the same force they have brought to bear on crash-for-cash fraudsters. “Staged motor accidents remain the top priority, but application fraud comes second,” according…
Interview - Edward Fitzmaurice: Broking promises
With Hastings Direct on the cusp of becoming a top five broker and securing its one millionth customer, 2012 could be a landmark year for chief executive Edward Fitzmaurice
Broker claims unearned work transfer payments are endemic in commercial
Brokers are continuing to take secret payments from insurers and not declaring them to clients, according to a specialist commercial intermediary.
Galbraith brands financial crisis terminology a "challenge" to the sector
British Insurance Brokers’ Association chief executive Eric Galbraith has today told parliament that the language used by the government and regulator about the financial crisis is a challenge facing the sector.
Brokers buoyant about future growth
Firms are setting their sights firmly on growth despite concerns about the economic outlook, according to Macquarie Relationship Banking’s 2011 Insurance Broking Benchmarking Report.
Your say: Thinking small
I enjoyed the article about the ‘historic’ merger between the British Insurance Brokers’ Association and Institute of Insurance Brokers but was a little disappointed that the only broker reaction published came from Stuart Reid, Jon Morrell and Phillip…