British Insurance Brokers’ Association (Biba)
Post magazine – 11 September 2013
This week's issue of Post is now available to subscribers.
Editor's comment: What’s on your wish list?
A J Gallagher is aiming to become a top-three retail broker with its £233m acquisition of Giles, but to achieve this market commentators have said it will need to put efficiency and synergies on its wish list, as its combined operation is estimated to…
Proposals to block broker deals with unrated insurers snubbed by the market
Reid told onus is on brokers to ensure passporting firms are 'financially sound'
Biba urges FCA to leave brokers out of complaints review and focus on insurers
DLG, Aviva and Allianz are top three GI firms in terms of number of complaints
Three GI players in the frame as FCA launches complaints handling review
Three general insurance firms are implicated in the Financial Conduct Authority's latest thematic review into complaints handling at major firms.
Fears unrated carriers will win out as Law Society cover fails to deliver
Brokers have criticised the Law Society’s direct solicitors’ professional indemnity offering for failing to help specialist firms, with some concerned that more than 1000 legal practices could be forced to access unrated markets.
Biba chooses Questgates for valuation facility
The British Insurance Brokers’ Association has appointed specialist loss adjuster Questgates as its preferred partner to manage its new valuation facility.
Biba hits back at "ill-informed" Law Society PI comments
The British Insurance Brokers' Association today described the Law Society's recent comments on solicitors professional indemnity cover as ‘ill-informed’ and ‘self-promoting’.
Biba defends brokers following Law Society criticism
The British Insurance Brokers’ Association has defended the broking community following criticism from the Law Society.
SME flood cover in doubt as Biba battles for its inclusion in Flood Re
Industry-backed affordable flood insurance was never intended to cover small businesses, according to the Association of British Insurers.
FCA denies review was sparked by broker’s remuneration issues
The Financial Conduct Authority has distanced itself from claims its thematic review into brokers’ conflicts of interest was triggered by an investigation into a broker that revealed issues with its remuneration practices.
Bluefin names former Biba boss Galbraith as non-exec
Axa-owned broker Bluefin has recruited the former chief executive of the British Insurance Brokers’ Association as a non-executive director.
Biba vents concerns over flood cover in consultation response
The British Insurance Brokers' Association is concerned small businesses currently covered under the Statement of Principles will not be covered by the four proposals outlined in the government consultation on the future of flood cover.
PostCast - Issue 1 - 1/8 August
The team discuss the news, features and interviews from the 1/8 August edition of Post Magazine.
Interview: Biba's Steve White: Bold beginnings
From ‘shouting’ at the regulator to outlining a new segmentation strategy, new Biba chief executive Steve White has already ruffled more than a few feathers in his first 100 days in the hot seat. He tells Post he’s started as he means to go on...
More brokers face fines over add-ons after Swinton pays £7.4m penalty
Analyst blames drop in Esure’s profit expectations on bundled add-ons.
Biba partners with UKGI on members’ helpline
The British Insurance Brokers’ Association is to work with compliance consultancy UKGI to provide compliance helpline facilities to its members.
Post Audio Supplement - 11 July 2013
Too busy to read the magazine or website? Want a quick update on the latest news?
Regulator FCA faces call for "pay to play" to be investigated
Regulator faces calls for ‘pay to play’ to be investigated.
Q&A: Andy Watson: Happy days
Andy Watson reflects on his short time in charge of Ageas UK and discusses market issues, including the referral fees ban, regulation, telematics and recent job cuts in the sector.
Solicitors offered unrated insurer carriers despite solvency concerns
Déja vu as Balva-like unrated carriers on brink of taking market.
Biba bolstered by 2012 subs growth
The British Insurance Brokers Association has reported boosted turnover for the year ending 31 December 2012, with subscriptions climbing almost £200 000.
View from the Top: Regulators need our help
By working together we can sort out insurers’ tarnished image and cut the bureaucracy, says Robert Hiscox, honorary president, Hiscox
Insurers welcome Flood Re but call for clarity over liability
Insurers’ agreement to the terms of the Statement of Principles for another two years will provide the Association of British Insurers and government enough time to resolve outstanding issues around the implementation of Flood Re, according to the trade…