British Insurance Brokers’ Association (Biba)
Biba Manifesto 2016: Brokers to be educated on cyber threat
The British Insurance Brokers’ Association is endeavouring to help members to reduce the risk of cyber-crime and to raise awareness of the benefits of suitable insurance protection.
Biba Manifesto 2016: EU urged to amend MID in view to Vnuk case
The British Insurance Brokers' Association is calling for the European Parliament, Council of Ministers and Commission to make a "small, surgical amendment' to the Motor Insurance Directive to exclude motorsports and other anomalies.
David Bowie: The insurance industry reflects on the music legend
With the sad passing of music icon David Bowie this week, Post asked a number of insurance industry music fans for their own personal reflection on what the Brixton-born legend meant to them.
ABI and Biba launch joint code for vulnerable customers
The Association of British Insurers and the British Insurance Brokers' Association have today (11 January) launched a joint code of good practice to help insurers and brokers recognise and help potentially vulnerable motor and home insurance customers.
Enterprise Bill amendments under consideration following London market efforts
A London market deal to support changes enabling companies to secure damages for late payment of insurance claims for up to a year has been heralded as an example of “unprecedented amalgamation” of the insurance sector to aid reform.
Editor's comment: Man on the moon
This week John Lewis released its Christmas advertisement – the Man on the Moon – causing even the most stiff-upper-lipped Brit to shed a tear.
Vulnerable customers code gains industry backing despite commercial concerns
The joint code of conduct for vulnerable customers established by the Association of British Insurers and the British Insurance Brokers' Association has been broadly welcomed by the industry, despite concerns about the commercial viability of serving…
Very small businesses facing rising insurance costs, Biba finds
The latest Insurance Price Index from the British Insurance Brokers' Association and Acturis has shown a significant rise in the level of premiums charged for very small enterprise policies.
FCA communications inquiry billed as opportunity for insurers
Insurers have been urged to change functions of the market that are “not working” by “grasping the opportunity” presented by the Financial Conduct Authority's consultation on improving communications with customers.
'The Go To Place' unveiled as theme for 2016 Biba conference
The British Insurance Brokers’ Association has selected ‘The Go To Place’ as the theme of its 2016 conference and exhibition to be held at Manchester Central on 11 and 12 May next year.
Biba teams up with Syndicate DTW1991 for holiday travel scheme
The British Insurance Brokers' Association's holiday travel scheme has been transferred to Syndicate DTW1991 at Lloyd's.
Industry leaders hammer out key conference season concerns
Less government intervention in business, the cost of regulation and the planned increase in insurance premium tax top the list of topics that the insurance industry wants addressed ahead of the annual political conference season.
Expertise From A-Z: SMEs - Better use of data
There are huge amounts of data out there and it is now much easier for brokers to use and place business online – if only they were more aware of this
Expertise From A-Z: SMEs - Protecting SMEs
A Financial Conduct Authority thematic review found SMEs were being let down by claims handlers. What can the industry do to improve?
Biba presents City Minister Harriet Baldwin with alternative FSCS plan
Corporate brokers have joined colleagues in the personal lines space in voicing concerns that the rise in insurance premium tax will result in more premium leaving the market.
Medco 'worth it' despite issue with certain business models, claims MoJ
The Ministry of Justice has vowed to “keep working” with the Medco portal, despite outlining issues with “some business models” since the new system went live in April.
Biba appoints Yutree to provide ‘quirky’ liability scheme
The British Insurance Brokers’ Association has appointed Yutree Underwriting to provide a new liability insurance scheme that will allow brokers to place unconventional or quirky liability cases including public, products and employers' liability.
Female Millennials: How to attract young women
A recent PWC report showed female millennials had reservations about working in the insurance industry. Post investigates what the sector can do to include this group in its future workforce
Europe: The impossible comparison of UK regulatory costs with the rest of the EU
Confirmation this June that the Financial Conduct Authority will be increasing fees for insurers and brokers by 8.5% for 2015/2016 has inevitably raised many eyebrows. A particular bugbear is that UK regulatory costs are perceived to be much steeper than…
Axa and Biba to clamp down on fraud by educating customers
Axa has teamed up with the British Insurance Brokers’ Association to proactively educate customers on the definition, consequences and wider impact of committing fraud.
Most Biba members source PI cover from specialist brokers
The vast majority of brokers seek advice and buy their professional indemnity policies from a fellow intermediary that specialises in PI cover, a British Insurance Brokers’ Association survey has found.
Young driver IPT exemption unlikely despite positive government talks
Hopes of securing an exemption from the insurance premium tax hike for young drivers are dwindling, despite “constructive” talks between industry figures and the Department for Transport last week.
Travel sector on the FCO radar as lack of coverage concerns are raised
Greater regulation around travel insurance is not expected to be introduced, despite calls from the Foreign and Commonwealth Office for insurers to make sure British tourists have adequate coverage.