British Insurance Brokers’ Association (Biba)
#BibaFever 2016 - Inga Beale on SME
Lloyd's CEO on the challenges brokers face, the importance of SMEs to the market and the EU referendum.
#BibaFever 2016 - Brexit or Bremain
Did the debate on the upcoming EU referendum sway any delegates at Biba 2016?
#BibaFever 2016 - Who has the go to stand?
According to this year's tagline, Biba 2016 is the "go to place". But whose stand is the go to stand?
Biba 2016: Guide for brokers on Insurance Act released
A new guide has been launched for brokers on how operate under the Insurance Act, which comes into force in August.
Biba 2016: Biba ‘on track’ to develop flood insurance scheme for SMEs
A scheme to provide flood cover for most businesses should be launched by autumn this year, the British Insurance Brokers’ Association CEO Steve White announced today (11 May).
Biba 2016: Motor premiums rise but home rates fall in Q1
Private car premiums rose for the second quarter year, but rates for household insurance fell, according to the latest insurance price index from the British Insurance Brokers’ Association and Acturis.
Biba 2016: Biba forms cyber committee
"Firms of all sizes need to take action" against cyber risks, says the British Insurance Brokers' Association, which is setting up a committee of technical experts to provide its members with guidance on current risks and insurance available.
Biba 2016: Brokers need support for innovation
The British Insurance Brokers' Association has called for more support for innovation in the insurance broking sector, in response to HM Treasury’s consultation paper on innovation for financial services.
Cyber insurance: Developing knowledge
With the number of cyber crimes increasing, knowledge of attacks is developing enough for cover to be rolled out. What are the options for insurers?
Enterprise Act to come into force on 4 May 2017
The Enterprise Act was granted Royal Assent yesterday (4 May), with policyholders able to claim damages for the late payment of insurance claims in 12 months' time.
Trade Voice: The ABI's James Dalton on the public perception of insurance
Perception does not always reflect reality. If it did, then public perceptions of the insurance industry - and our reputation - would be better than they are.
Expertise from A-Z - Personal injury reform: Brave new world?
Claims management companies are to come under the remit of the Financial Conduct Authority. What effect will this have on the sector?
Biba, IBSC join forces to create standards committee
The British Insurance Brokers’ Association and the Insurance Brokers’ Standards Council have formed a standards committee to create a single code of conduct for insurance brokers.
Biba urges cooperation to allow brokers to cede to Flood Re
The British Insurance Brokers' Association is urging insurers and software houses to cooperate to allow brokers to cede customers to Flood Re amid concerns its members are currently at a disadvantage to insurers' direct channels.
Political Lobbying: Don't mention the ‘L' word
Smoke and mirrors perpetuates the lobbying mystique but there is no need to bring in outsiders if there is someone with know-how and who can put together a well presented case
From Mister Maker and Keith Chegwin to upsetting Beliebers, how has #insurance embraced Twitter?
With Twitter celebrating its tenth birthday this week @insuranceswifty decided to ask a number of insurance-based social media advocates for their thoughts on the platform.
Comment: ABI's Paul Evans and Biba's Lord Hunt says customers must be handled with care
The ABI and Biba have come together to provide a code of good practice for vulnerable customers
Editor's Comment: Pulling off the sticking plaster
I believe in getting bad news out of the way quickly and nasty things over and done with – then we can move on to the fun things, or the ‘adventure’ as I call it.
FCA regulation of credit hire firms touted as CMCs fall under its remit
Industry commentators have backed the future Financial Conduct Authority oversight of claims management companies, announced in the 16 March Budget, alongside suggestions a similar regulatory framework should be adopted for credit hire companies.
Budget 2016: Osborne increases IPT 0.5% with funds raised to be spent on flood defences
Insurance premium tax will rise again with Chancellor of the Exchequer George Osborne today (16 March) announcing in his Budget speech a 0.5% increase effective from 1 October.
Two 'manageable' issues holding up Flood Re PRA authorisation three weeks from launch, CEO McCafferty admits
Flood Re still has two obstacles to overcome before it is granted authorisation by the Prudential Regulation Authority - despite only being three weeks away from its proposed launch date (4 April).
Telematics policy take-up accelerates by 40% in past year
The number of live telematics based motor insurance policies has increased by 40% of the course of the past year, according to research by the British Insurance Brokers’ Association.
Concerns raised on effectiveness of FCA’s general insurance scorecards
Issues with the Financial Conduct Authority’s pilot of general insurance scorecards have been highlighted by industry players who remain unconvinced a focus on claims data and a ‘one size fits all’ approach is what is required.
Trade Voice: Taking fraud to task
The government’s taskforce has reported back with 26 recommendations on how to fight fraud.