British Insurance Brokers’ Association (Biba)
Decline in premium prices ‘slowing down', Biba finds
The rate of decline in premiums for individual home and motor insurance is slowing down after three years of reductions, according to the British Insurance Brokers' Association.
IPT exemption for young drivers and SMEs gains industry support
Moves by the British Insurance Brokers’ Association to secure an exemption for young drivers and SMEs from the insurance premium tax hike have been welcomed by the industry, amid fears increased motor premiums could tempt youngsters to drive uninsured.
Trade Voice: Anyone for a game of pinball?
Going to work in an insurance brokerage can sometimes feel like a trip to the amusement arcades.
Blog: GI hopes high on FCA successor as Wheatley is shredded
The soon to be deposed Financial Conduct Authority CEO Martin ‘shoot first ask questions later' Wheatley this week admitted he is "disappointed to be moving on with a sense of unfinished business".
Biba delivers uptick in 2014 turnover despite 'uncertain' market place
The British Insurance Brokers’ Association recorded a 7% annual increase in company turnover in 2014 to £3.78m (2013: £3.53m).
Young Broker Blog: Self-motivation
As Post's final instalment of its Young Broker State of the Nation research looks at the opportunities young people see in broking, LV's Stephen Bridge reflects on how getting qualifications and networking with his peers helped him progress his career
Consumers bear the brunt of IPT hike amid fears of further increases
Policyholders look likely to foot the bill for a 56% increase in insurance premium tax, but fears have been raised that the government could look to squeeze the already competitive market further by bringing UK IPT into line with Europe.
BIA 2015: David Hertzell wins Achievement Award
Former Law Commissioner David Hertzell was awarded the prestigious Achievement Award at tonight’s British Insurance Awards.
Osborne drops IPT Budget bombshell
Chancellor of the Exchequer George Osborne has caught the industry by surprise with an announcement that insurance premium tax will rise to 9.5% from November.
Swift MID policy cancellation advised as 'archaic' certificate rule is scrapped
Insurers have been advised to promptly update the Motor Insurance Database to avoid continuation of liability after the "archaic" rule requiring a motor insurance policyholder to return their certificate of insurance in the event of cancellation was…
Research: Young Broker Nation: 3: Professionalism
How do young insurance brokers view the industry bodies there to represent their interests, and what is their view on the drive towards greater professionalism through qualifications and training? In the third instalment of Young Broker State of the…
Insurers advised to prioritise Flood Re access as April inception looms
Insurers run the risk of losing out to faster-moving rivals if they do not prioritise being able to access the Flood Re scheme ahead of its April 2016 inception.
Post news editor Callum Brodie declared journalist of the year at Biba awards
Post news editor Callum Brodie won a hat-trick of awards at the British Insurance Brokers’ Association journalist of the year awards this afternoon, including the top prize.
Female millennials survey findings dismissed by optimistic industry insiders
Schemes designed to attract more women into the insurance industry are starting to show signs of success, despite a piece of research that suggests female millennials are being put off a career in the sector.
Biba research finds SMEs not outsourcing insurance tasks to brokers
Research carried out for the British Insurance Brokers' Association has revealed that a significant number of leaders of small and medium-sized enterprises perform a lot of tasks outside their job descriptions, instead of outsourcing these to insurance…
Industry committed to sharing economy despite Uber breach
The British Insurance Brokers' Association remains committed to the sharing economy, despite a breach in taxi company Uber's insurance document approval policy.
Interview: Huw Evans: Climbing the ladder
Four months after his appointment as Association of British Insurers director general, Huw Evans tells Post his plans for the trade body and how he intends to make being a member worthwhile.
LMA and IUA release Insurance Act guide
The Lloyd's Market Association and the International Underwriting Association have published a guide to the Insurance Act 2015 to help readers understand any potential challenges under the new law.
Tech blog: New Insurance shall exit ‘The Trough of Sorrow'
In the first of Post's exciting new tech blogs, James York explains that while ‘Old' Insurance was in trough of sorrow, ‘New' Insurance can be very different - but both need each other.
New City minister Baldwin to receive GI industry welcome from Biba
The British Insurance Brokers’ Association has vowed to meet with Harriett Baldwin MP to discuss its manifesto points after she replaced Andrea Leadsom MP as City minister.
Editor's comment: The broking merry-go-round
So far, 2015 has been a year of broking management merry-go-rounds – we’ve seen big names like David Ross move from Arthur J Gallagher to Towergate, while broking investors Peter Cullum and Andy Homer have cut ties with Towergate to go their separate…
FCA reconsiders claims ratios for add-on products following industry backlash
The Financial Conduct Authority has backed down from its intention to require general insurers to publish claims ratio information for add-on products and plans to publish a discussion paper addressing alternative options in “the coming weeks”.
Biba finds 9% jump in black box policy sales
The number of live black box telematics policies has increased by 9% to 323,000 from 296,000 in December 2013, according to research from the British Insurance Brokers' Association.
C-suite - Broker: Can we shout louder?
Now the insurance industry is beginning to speak with a single voice, can it speak up for itself more?