British Insurance Brokers’ Association (Biba)
Penny Black's insurance week
Penny recently had the pleasure of catching up with newly appointed British Insurance Brokers’ Association chief executive Steve White, hoping to gain an insight into his plans to change the sector for the better.
Risk Management: Adapt to survive
Professional buyers and the market that serves them have a shared interest in keeping corporate insurance relevant, yet changing circumstances are threatening its role and value.
Liability key concern for brokers following Consumer Act
Fears of being exposed to liability for the delivery of inaccurate risk data is the most pressing concern for brokers following the implementation of the Consumer Insurance Act.
Brokers urged to be mindful of new legal act
Insurers need to keep clearer records to aid in potential claims disputes following the introduction of the Consumer Insurance Act, according to industry observers.
Aggregators: We don't need the aggravation
As aggregators come under fire for a lack of standards and insurance qualifications, some are still cool on improving professionalism.
My Best XI: Steve White, British Insurance Brokers’ Association
Steve White, newly appointed chief executive of the British Insurance Brokers’ Association, selects his best XI for an insurance industry start-up. The diehard Arsenal fan’s team includes one of the club’s legends as well as a smattering of industry…
Balva’s UK ban raises questions over SRA list of qualifying PI insurers
A move by the Latvian regulator to suspend the passporting rights of Riga-based insurer Balva has reignited broker concerns about the presence of unrated insurance companies operating in the UK market.
Regulation: A heavy crown
The downfall of the Financial Services Authority was met with resounding support. However, as its successors take over sceptics ask whether the twin peak model might create more discontent in the industry.
Biba hails improved insurance access for older customers
New figures show a steep rise in the use of signposting services used to refer customers when an insurer or broker can’t offer motor or travel cover due to the age of a customer.
MGAA begins chief exec hunt
Managing General Agents’ Association chairman Reg Brown is hoping to install a new, full-time chief executive at the industry body by February next year.
Griffiths & Armour joins Biba panel
Griffiths & Armour has joined the British Insurance Brokers’ Association’s professional indemnity insurance panel.
IMDII: Full disclosure
The second Insurance Mediation Directive could fundamentally change the way European brokers conduct their business. But will it be kicked into the long grass? Edmund Tirbutt investigates.
Consumer Insurance Act: Under the radar?
The Consumer Insurance (Disclosure and Representations) Act 2012 will upend more than a century of the customer’s duty to disclose information to their insurer. Is the market prepared for this substantial change?
Biba appoints equestrian schemes provider
South Essex Insurance Brokers has been appointed by the British Insurance Brokers’ Association as its members’ exclusive provider of equestrian insurance.
FCA business model met with trepidation in insurance industry
Fears have been voiced by the insurance industry that the new regulators will intrude too much into the commercial sphere and that having two bodies will cause inefficiency.
Motor insurers vow to cut premiums if young driver claims come down
The insurance industry has promised the government young drivers’ premiums could go down by as much as 20% if new proposals succeed in reducing the frequency and value of motor insurance claims.
View from the Top: Get behind Steve
Congratulations to Steve White on his appointment to the role of chief executive at the British Insurance Brokers Association.
ABI brands Marsh's Flood Mu model 'completely unacceptable'
The Association of British Insurers has issued a damning response to Marsh’s proposal for a mutulised solution to flooding, describing the ‘Flood Mu’ model as “completely unacceptable to insurers”.
Editor's comment: Let us pray
Last week the Catholic Church took five votes over two days in the conclave to choose Pope Francis I to replace Pope Benedict XVI.
Is Biba’s new chief executive the White man for the job?
Improving the broking sector’s public profile, representing smaller firms and standing up to the incoming financial regulator are among the early challenges facing incoming British Insurance Brokers’ Association chief executive Steve White.
Transport Select Committee whiplash inquiry offers fresh hope to PI lawyers
Personal injury lawyers are hopeful the Transport Select Committee’s fresh inquiry into whiplash – launched a week after the Ministry of Justice closed its own consultation – will provide their businesses with a lifeline. This comes as a group of law…
Penny Black's insurance week
It was all go last Friday as the Post team frantically tried to track down brokers willing to comment on the appointment of Steve White as Biba’s top dog.
Biba and Marsh to join the flood debate at Efra evidence session
The British Insurance Brokers’ Association and Marsh have been invited to give evidence at tomorrow’s Environment, Food and Rural Affairs Committee meeting on flood insurance provision, after a previous evidence session was adjourned.
FSCS broker levy 'war not over'
The British Insurance Brokers' Association has vowed to continue fighting the Financial Services Compensation Scheme's plans to impose an interim levy on insurance brokers.