British Insurance Brokers’ Association (Biba)
Biba to consult on professional standards in 2014
The British Insurance Brokers’ Association is to conduct a consultation on professional standards within the broking industry in the first quarter of 2014.
Broker standards body launched
A new standards body has been launched to improve behaviour and standards in the broking industry.
Young driver green paper publication unlikely before 2014
The Department for Transport has said it will not be releasing its green paper on young driver safety until it has reconciled improving safety without restricting young people’s freedom.
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
Bid to cut red tape set to enhance UK insurance market’s competitive position
Insurance Growth Action Plan aims to remove barriers for UK insurers overseas.
Career development: CII welcomes government apprenticeships announcement
The Chartered Insurance Institute has welcomed the Treasury's announcement of its gateway project to help people find apprenticeships and graduate training places within insurance.
Biba seeks backing from other sectors for national apprenticeship proposal
Survey reveals increase in CII members willing to take on apprentices.
Biba urges change on SME Flood Re exclusion
The British Insurance Brokers’ Association has urged the Water Bill Scrutiny Committee to consider helping the people the bill currently excludes – particularly small businesses.
Government reveals details of insurance growth plan
The government has released the details of its insurance growth action plan, following months of talks with a variety of industry bodies.
Industry wish list asks government to include insurance in education
ABI, Biba and Lloyd’s in talks with government over fuelling growth in market.
Biba lobbies government for nationwide broker apprenticeship programme
The British Insurance Brokers’ Association is calling for the government to set up a nationwide apprenticeship programme to recruit and retain people in the broking sector.
Expertise in Action: Broker: Standing out
In an increasingly competitive marketplace, brokers can gain an edge by specialising in niche areas and strengthening their regional focus
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.
Brokers baffled as FCA places them in ‘high risk’ group
Aggregators say FCA probe into sector no longer relevant.
Editor’s Comment: Thematic fatigue
The old cliché goes that you should sometimes be careful what you wish for.
Green Deal: Green living
With the Energy Act imposing new energy‑efficiency standards on commercially and privately let properties by April 2018, what do the changes mean for the insurance industry?
Biba disappointed at government’s SME flood exclusion
The British Insurance Brokers’ Association has expressed its disappointment at the government’s decision to exclude SMEs from incoming flood legislation.
Biba to expand cost of regulation research to include non-EU markets
The British Insurance Brokers’ Association is revisiting research it conducted in 2011 on regulatory cost for brokers with plans to expand its scope to include key insurance markets outside the UK and Europe.
Failure to offer customers payment plans could see brokers lose out on business
Brokers warned to be careful of interest rates on instalment plans.
Industry bodies join forces to warn public about threat of ghost brokers
ABI, Ifed and IFB work with Crimestoppers in campaign targeting young male drivers.
Comment: My Licence will benefit all parties
Project aims to reduce costs for insurers, speed up underwriting and ultimately bring down motor premiums.
IFB levy increase not prohibitive to members who see ‘value for money’
The Insurance Fraud Bureau’s decision to increase its levies for 2014 will not be an obstacle to membership, according to market commentators, as its data sharing capabilities are seen as “value for money”.
Market moves: New faces as well as departures across the industry in a lively week for recruitment
This week saw a surge of recruitment, with changes and appointments across the industry. Post revealed that Simply Health would be axing two of its directors, while Covéa, Ace and XL were among the firms bolstering numbers. Bluefin continued a spate of…
Riot Damages Act recommendations could lead to improved underwriting
Recommendations in the independent review of the Riot (Damages) Act 1886 could be a blessing in disguise for insurers according to industry insiders.