British Insurance Brokers' Association (Biba)
RSA and Brit partner; Policy Expert expands top team; Guidewire chair joins Hyperexponential
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Biba teams up with two schools to attract talent
The British Insurance Brokers’ Association has launched a programme to boost diversity and raise awareness of the variety of careers in insurance.
ABI still 40% short of capacity for fire safety scheme
The Association of British Insurers’ Fire Safety Reinsurance Scheme, designed by McGill and Partners, is still some way off launching, despite numerous claims it would be ready by the end of summer 2023.
Biba demands more detail from government around regulatory scrutiny
The British Insurance Brokers’ Association has asked for more information about how HM Treasury and parliament will keep tabs on whether the industry’s regulators are doing a good job.
Severe weather to continue to hit UK as insurance reacts to Storm Henk
As homes and businesses face damage from floods caused by Storm Henk, predictions state that the severe weather is not yet over.
Is the broker pledge on leasehold commissions a load of not much?
News Editor's View: After five brokers committed to capping and no longer sharing commissions in a new government pledge, Scott McGee asks: “What is it actually achieving?”
Biba launches FVA framework after FCA scrutiny
The British Insurance Brokers’ Association has launched a new framework to help members better articulate fair value.
How Johnny Timpson refuses to let disability define him
Former Cabinet Office Disability Ambassador Johnny Timpson and winner of Insurance Personality of the Year at the British Insurance Awards explains how he works with a musculoskeletal impairment plus his neurodivergence to make the industry more…
CII reveals who scored top marks in insurance exams
Marsh, Axa, Gallagher, Zurich, Allianz, QBE, RSA, NFU Mutual and Hiscox employees were among those who scored the top marks in Chartered Insurance Institute exam and coursework submissions in 2022.
Booze blamed for third of insurance employees facing prejudice
More than a third (37%) of insurance workers have seen sexist, racist, homophobic, ableist and ageist behaviour or heard discriminatory language in the workplace, according to a University of Nottingham study.
Trade Voice: Biba’s Trudgill on scanning the horizon
Graeme Trudgill, CEO of the British Insurance Brokers’ Association, says brokers need to anticipate the products clients of the future will need.
Treasury's IPT receipts surpass £7bn
The Treasury collected a record £7.34bn in insurance premium tax receipts during the 2022/23 financial year, analysis by actuarial consultancy OAC has revealed.
Specialist Risk Group's latest deal; Animal Friends partners with Costco and Gauntlet joins Brokerbility
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Big Interview: Biba’s Graeme Trudgill
Graeme Trudgill, CEO of the British Insurance Brokers’ Association, sprints across the Square Mile to share his plans on what more the body can do for members.
View from the top: GRP’s Duncan Carter on cooling down a political hot potato
Duncan Carter, CEO of retail at Global Risk Partners, warns that a ban on paying commission to property-managing agents could backfire for leaseholders.
FCA extends latest product governance survey deadline
Having originally given brokers only a few weeks to send back a “demanding” survey into product governance and distribution practices, Post can reveal the FCA has extended its deadline from 11 August to 1 September.
Trade Voice: Biba’s David Sparkes on why ‘duty’ is an interesting word
David Sparkes, head of compliance and training at the British Insurance Brokers’ Association, asks whether the regulator is fulfilling its duty ahead of the looming Consumer Duty deadline.
Big Interview: Ecclesiastical’s Richard Coleman
Richard Coleman, managing director of Ecclesiastical, shares his growth plans for the provider and how the insurer’s reach is going far beyond protecting the steeples of this land.
Biba insists regulators cannot mark their own homework
The British Insurance Brokers’ Association has called for greater external scrutiny of the cost benefit analyses produced by regulators when they introduce new rules for the sector.
Trudgill takes CEO role at Biba
Graeme Trudgill, executive director at the British Insurance Brokers’ Association, has been appointed CEO, replacing Steve White.
Big Interview: Aon and Biba’s Jane Kielty
Jane Kielty, head of commercial risk at Aon and deputy chair of the British Insurance Brokers’ Association, catches up with Scott McGee about her view on the future of commercial insurance, and how being ejected from her previous career got her thinking…
Lloyd’s former broker Terry Wellard dies
Terry Wellard, the longest-serving chairman of the LIBC Motor Executive Committee, has died aged 82.
Cancer charity slams travel insurers over ‘unfair’ pricing
A Hampshire-based cancer charity has secured more than 133,000 signatures calling for more affordable travel insurance and has taken the battle to the Association of British Insurers and Financial Conduct Authority.
View from the top: Ardonagh Advisory’s Jaime Swindle on the power of connection
Jaime Swindle, CEO of Ardonagh Advisory’s UK commercial MGA, says connections forged at events like last week’s British Insurance Brokers’ Association conference can unlock a wealth of opportunities.