British Insurance Brokers’ Association (Biba)
EC could force mandatory commission disclosure, warns Biba
The British Insurance Brokers' Association has said that the revision of the Insurance Mediation Directive could result in mandatory disclosure of commission for the insurance industry by 2019 along with an increase in the regulatory cost burden.
EU to force broker commission disclosure
The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.
Post Broking Supplement - 10 May 2012
Post's latest standalone supplement - focused entirely on the UK broking sector - is now available to subscribers as a digital and interactive e-book.
Post Broking Supplement: Biba 2012 conference timetable
The event programme for the Insurance Brokers' Association Conference - Shaping our futures - on Wednesday 16 and Thursday 17 May 2012.
Post Broking Supplement: Biba preview – the keynote speakers
As the broking community prepares to head to Manchester for Biba 2012, Stephanie Denton had a private audience with some of the conference's keynote speakers to get to know them better.
Post Broking Supplement: The big issues for brokers
With the British Insurance Brokers' Association conference looming, brokers are warming up for the networking event of the year and their best opportunity to thrash out market issues. Post caught up with some of the biggest hitting national players to…
Brokers warned about potential for commission fee mis-selling scandal
Brokers could find themselves at the sharp end of the next mis-selling scandal owing to commission and administration fees distorting their recommendations, according to one industry entrepreneur.
Second motor summit puts whiplash and young drivers at top of agenda
A proposed panel of independent medical practitioners to tackle whiplash, and affordable cover for young drivers, topped the agenda at the second motor insurance summit at Whitehall, as Transport Secretary Justine Greening lamented there is "no one…
Proposals for standardised contract law spark debate among UK insurers
Industry leaders have vowed to keep a close eye on EU proposals to harmonise insurance contract law across the continent, amid concerns that brokers could face policy wording headaches.
View from the top: Making the middle market work
Insurers cannot afford to be all talk and no action; creative ideas must become underwriting realities, says Andrew McKee.
Biba launches Find a Broker app
The British Insurance Brokers’ Association has launched a Find a Biba Broker mobile application for iPhones and iPads to help customers locate Biba members and promote general insurance brokers.
Contingent commissions: The reasons behind the latest u-turns
With Willis the latest broker to perform a u-turn on contingent commissions, how will the market react?
RSA leads charge as Northern Ireland sheds no-go image among insurers
RSA last week pledged to invest £5m in Northern Ireland, intent on becoming the country's leading insurer, but local analysts are divided as to whether this will prompt a flurry of interest in the market or whether its small size will continue to…
Transport Select Committee seeks to clear up transparency
The Transport Select Committee's reports on motor insurance have proved contentious, with calls for transparency not resonating with insurers. Will the 13th report clear things up?
Second insurance summit set for May
The British Insurance Brokers' Association has confirmed that a second government-hosted insurance summit has been tabled for 2 May.
Biba demands action on whiplash claims
The British Insurance Brokers Association has called on the government to commit to a timescale and announce details of its work to reduce the number and cost of fraudulent whiplash claims.
DAS launches Loss Assist that will hire adjusters to help businesses with claims
Legal expenses insurer DAS is launching a Loss Assist product sold as an add-on to business insurance that will provide a chartered loss adjuster to help firms compile valid and accurate claims.
Travel insurance: Expedition exclusions
With the popularity of overseas breaks showing no sign of abating, travel cover has the potential to grow. However, insurers in the sector are never far from controversy.
Battle for broker schemes hots up as players bolster ranks of expertise
Specialist insurer Ecclesiastical has secured four new broker schemes, just weeks after pledging to refocus its efforts on intermediary deals, as insurers scramble to pick up lucrative broker schemes.
Regulation: The dangers of duplication as the FSA splits into two
The Financial Services Authority has mimicked the forthcoming twin peak regulation model ahead of its implementation in 2013, but will it prepare the industry for change?
Industry unveils older driver initiative as Direct Line follows LV's age limit stance
The decision by LV to scrap its age limit of 86 for new car insurance customers has struck a chord with industry bodies behind the launch of a new signposting model, yet market rivals appear largely unconvinced.
Broking SME: Battle stations in the fight for the little guy
Brokers are facing increased competition for SME customers, but they're not going down without a fight
Signposting service for older drivers given Home Secretary seal of approval
Theresa May has thrown her support behind an Association of British Insurers and British Insurance Brokers Association agreement geared towards ensuring older drivers are able to obtain car insurance.
Brokers fear possible negative impact of Scottish independence on industry
As the Scottish National Party's campaign for independence in the 2014 referendum gets underway, the insurance industry has expressed concern about how it might be regulated in an independent Scotland.