British Insurance Brokers’ Association (Biba)
Aon to rival Marsh's Project Noah to fill SoP flood insurance gap
Aon Benfield has become the latest company to offer a potential solution to fill the flood insurance gap left by the expiration of the Statement of Principles in June 2013.
Biba calls for proportionate FCA regulation
The British Insurance Brokers' Association has issued a cautious welcome to clarification from the FSA on its transition to the new regulator.
Galbraith to bow out of Biba next year
Eric Galbraith is to step down as chief executive of the British Insurance Brokers' Association in 2013, after leading the association for nearly 10 years.
Biba returns to London for 2013 conference
The British Insurance Brokers' Association has confirmed that its 2013 conference will take place in London on 15 and 16 May.
Industry fears homeowner panic as flood agreement expiration approaches
Brokers in high flood-risk areas have accused the Association of British Insurers of failing to "nail its colours to the mast" amid growing concern over the lack of a long-term replacement for the Statement of Principles.
Insurance blogger backs regulation of 'murky' loss adjusting practices
An insurance blogger and former broker has added his voice to calls for loss adjusters to be regulated, after criticising the broking sector for its part in supporting unscrupulous firms that promote a "black economy".
UK FSCS in talks over Lemma liquidation
The Financial Services Compensation Scheme is stepping in to help customers of Lemma Europe Insurance Company Ltd after declaring the firm in default.
'Signposting' agreement has not worked, says Age UK
The 'signposting' agreement introduced by the Association of British Insurers in April is not working effectively, according to a leading age charity.
Biba and Cabinet Office launch survival guide for SMEs
Under the title 'Business Continuity for Dummies', Biba’s SME survival guide includes a chapter focused on insurance and explains the benefits of using an insurance broker.
Biba boss urges Financial Conduct Authority to regulate 'appropriately'
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has called for "more appropriate" regulation, and offered to "help point the gun" at problem areas to support the FCA's efforts to stamp out product mis-selling.
Industry divided over advantages of attending party conferences
Insurers remain divided over the merits of attending party conferences as a means of raising the profile of important industry issues in political circles.
Comparison sites bullish as Google launches car insurance aggregator
Price comparison sites have played down the threat presented by Google after the search company launched a car insurance aggregator, following its acquisition of Beat That Quote in March last year.
Biba boss calls for FCA to target non-GI intermediaries
The British Insurance Brokers' Association has called for the incoming Financial Conduct Authority to target non-insurance intermediaries, not the industry's brokers, in order stamp out mis-selling scandals and protect customers.
UK riots: Reading the riot act
The out-dated Riot Damages Act, policyholder confusion and poor communication led to some heavy criticism of the industry's handling of last year's riots - but what has been learnt and what still needs to change?
Brokers urge against unnecessary bureaucracy in mis-selling regulation
Broking representatives have called on the regulator to make sure that its pledge to stamp out any sales-driven mis-selling of products to consumers does not turn into a “box-ticking” exercise.
Brokers to receive increased commission under new government initiative
Members of the British Insurance Brokers' Association will receive commission levels up to 15% when they place trade credit insurance through the UK Export Finance Initiative, with immediate effect.
Biba calls for ban on banks selling general insurance direct
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has thrown his weight behind Martin Wheatley's pledge to toughen up on the mis-selling of financial products.
FSCS consultation: Burdening brokers
Proposed changes to the Financial Services Compensation Scheme could see brokers contributing more than ever, but are they still paying for the mistakes of others?
Your say: Stronger support for small brokers
An open letter from Barry Fehler, Bryan Whicher, Bob Pybus and Barbara Bradshaw.
View from the top: Strength from unity
Brokers can play their part in ending fragmented representation and help create a single strong voice, says Brendan McManus.
Equality Act: Age concern
The Home Office has exempted the insurance industry from the Equality Act, allowing underwriters to continue using age as a risk factor. But will Europe intervene as it did with gender?
Your say: Biba and IIB merger is bad news for small brokers
While Ten, among others, has so far reserved judgement on the historic merger of the British Insurance Brokers' Association and the Institute of Insurance Brokers, we were prepared to support the new body.
Statement of Principles extension mooted as flood solution sticking plaster
Extending the Statement of Principles may have to be explored as a stopgap if discussions between industry and the government over a long-term flood risk solution rumble on, despite insurers insisting that they will not back down in this way.