British Insurance Brokers’ Association (Biba)
Market moves: All change at the trade bodies
With insurer moves slower than last week, this week has seen a number of changes among the trade bodies, with the Chartered Institute of Loss Adjusters, the |British Insurance Brokers’ Association and Federation of European Risk Management Associations…
My best 11 - David Williams, Axa Commercial Lines
Axa Commercial claims and underwriting chief David Williams picks his best XI for a potential insurance start-up company. Relying on his vast management experience Williams has selected a mix of sporting, celebrity and insurance personalities.
MGAA launch: Changing perceptions
Delayed since 2010, the Managing General Agents Association launched this month, with a brief to ensure the insurance industry and regulators understand exactly what role MGAs perform.
Biba names Homer as chairman
The British Insurance Brokers’ Association has announced that Andy Homer will become chairman of the trade association in January 2012.
Biba appoints new LMRC chairman
The British Insurance Brokers’ Association has appointed Tim Coles, chief executive of Howden Broking Group as the new chairman of its London Market Region Committee with immediate effect.
Industry associations back Government regulation reform
Insurance and broker associations have welcomed the Government’s proposed regulatory reforms in their consultation responses. However, they have also expressed concern its plans could be too “ambitious” and potentially cause delays.
Social media: Hashing out hashtags
Has the insurance industry finally mastered the art of social networking?
Industry bodies express concerns over new regulator plan
Insurance and broker associations have welcomed the Government’s proposed regulatory reforms in their consultation responses. However, they have also expressed concern its plans could be too “ambitious”, which may potentially cause delays.
Biba relaunches website for members
The British Insurance Brokers’ Association has relaunched its website with more guidance for members and a new ‘Find a Broker’ search to promote insurance brokers to customers.
Biba calls for riot notification changes
The British Insurance Brokers’ Association has urged the government to change the Riot Damages Act notification period permanently from 14 to 42 days.
Biba and IIB call for FCA changes
The two broker bodies, Biba and the IIB, have jointly called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.
Biba and government join forces over flood risk
The British Insurance Brokers’ Association is working with the government to ensure people in high-risk flood areas can still obtain insurance once the Association of British Insurers’ statement of principles expires.
Brokers call for trade credit qualification
Brokers are asking for an industry-approved trade credit qualification so they can work with underwriters to help small businesses in the face of a potential double-dip recession.
Insurers extend riot notification period
Insurers have extended their claims notification periods for claims resulting from the riots in response to the government’s own extension of the notification period under the Riot (Damages) Act compensation scheme.
OFT clears Google of monopoly rule breaches
One of the UK’s largest aggregators has welcomed the Office of Fair Trading’s decision to clear Google of any monopoly rule breaches following its acquisition of Beat That Quote. Compare The Market said the merger creates “healthy competition”.
Airmic launches riots claims resource
Commercial insurance buyers group Airmic has compiled a list of expert resources for firms making riot-damage claims and says it will update with new advice as it arrives.
Industry welcomes riot claims period extension
The insurance industry has welcomed the Prime Minister's decision to agree to extend the period for policyholders to lodge claims from 14 to 42 days under the Riot Damages Act.
Interview - Keith Stern: Raising the regional profile of Lloyd's
Tasked with rejuvenating Lloyd’s in the UK, as others look to international expansion, Keith Stern talks to Leigh Jackson about raising its regional profile and how he plans to overcome some common misconceptions.
Riot victims urged to speak to brokers
The British Insurance Brokers’ Association is advising those people affected by the recent riots around the UK to speak to their insurance broker as soon as possible so they can assist with their loss.
Biba supports crackdown on aggregators
The British Insurance Brokers’ Association has submitted its formal response to the Financial Services Authority proposed guidance on the selling of general insurance policies through price comparison websites.
Website Review: Go Compare
In the latest of its ongoing series, web performance specialist Gomez looks at Go Compare's website.
Broking focus - Regulation: The new broom
The Financial Conduct Authority will assume responsibility for the regulation of brokers taking over from the Financial Services Authority at the end of 2012. The Institute of Insurance Brokers, the British Insurance Brokers' Association and the London &…
Claims advocate joins CEDR panel
Europe's largest independent commercial mediation provider the Centre for Effective Dispute Resolution has named insurance claims advocate Roger Flaxman as its 18th specialist insurance panel member.
Zurich adds referral fee clause
Zurich has added a clause to its terms of business arrangement that requires all personal lines brokers to reveal details of referral fee income involving its customers.