British Insurance Brokers’ Association (Biba)
Technology - E-certificates: Certifiable progress
Jakki May explains that changes to the law regarding e-certificates for motor insurance mean that the industry can now make headway in dispensing with old-style postal delivery, potentially saving millions on printing while also reducing fraud.
CII and Biba to highlight broker professionalism
The Chartered Insurance Institute and British Insurance Brokers' Association will join forces to demonstrate the "professionalism agenda" of broking to the coalition government.
Biba pushes aggregator issues at European broker meet
The British Insurance Brokers' Association has met fellow European broker bodies in Tel Aviv to discuss the Insurance Mediation Directive and other European issues.
Insurers seek to make up shortfall after hike in IPT
Insurers with policyholders paying by monthly instalments look set to be worst hit by the standard 1% hike in insurance premium tax, announced in Tuesday's budget.
Post triumphs at Biba bash
Post has been acclaimed with a prestigious award and three 'highly commendeds' at the British Insurance Brokers' Association's 2010 journalist of the year awards.
Editor's comment: Travel's IPT headache
It has certainly been a busy few weeks for the chancellor George Osborne.
Broker bodies want their say on regulator
Broker trade bodies have urged members to air their views on the regulation of intermediaries before the Financial Services Authority is stripped of its powers.
Incisive Media scoops Biba awards
Post, Reinsurance, PB and Insurance Age journalists have won four awards and three “highly commended” accolades at the British Insurance Brokers’ Association’s 2010 journalist of the year awards.
Eight-fold fee hike slammed
The British Insurance Brokers' Association has urged members to take an active role in an upcoming consultation of Financial Services Compensation Scheme levies to help reduce the burden of fees on intermediaries.
Editor's comment: Brit offer makes waves
Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.
Biba calls for IPT freeze
The British Insurance Brokers’ Association is urging the government not to increase the 5% rate of insurance premium tax on insurance products in its Budget on 22 June.
Brokers unite in call for new code of conduct for covenant breaches
A British Insurance Brokers’ Association regional head has called for a new code of conduct to help reduce the legal bill and inconvenience faced by intermediaries defending themselves against former staff who break their restrictive covenants.
DoH to meet with industry over insurance for independent midwives
The Department of Health is set to meet with industry figures next week to discuss the provision of insurance for independent midwives, Post has learnt.
Post in print - 10 June 2010
Post reporter Amy Ellis outlines this week's major news stories from Post including: government move over midwives; brokers unite for covenant code; Cooper Gay IPO; Money Supermarket fraud action; and Hyperion flotation insight.
Postscript - 10 years ago: Rule book gets cautious welcome
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Regional review - Manchester: The Mancunian way
Manchester is a diverse city, full of character and currently undergoing something of a rebirth. Daniel Dunkley visits the city and finds a thriving insurance market.
Spotlight on talent: The youth of today
A recent Chartered Insurance Institute report was deeply critical of the insurance industry's efforts at recruiting the next generation. Rachel Gordon examines whether effective engagement is really that bad.
Post in print - 3 June 2010
Post reporter Leigh Jackson gives a snapshot of some of the main news stories in this week's issue of Post.
Biba kicks off lobbying with Treasury meeting
British Insurance Brokers' Association chief executive Eric Galbraith has voiced his concerns over the latest wording of the Bribery Act 2010, warning the new government it must learn from its predecessor's handling of the insurance premium tax issue.
Editor's comment: M&A activity is steady, with some green shoots
This year has seen only a steady drip of merger and acquisition activity, rather than a flurry, something that was noted by Pricewaterhouse Coopers in its European Financial Services M&A Insight published yesterday.
80% of insurance industry applies for ELTO membership
Four in five EL insurance firms have applied for voluntary membership of the Employers’ Liability Tracing Office.
Penny Black's insurance week
Keeping a low profile at last week's British Insurance Brokers' Association conference, Penny did manage to sneak into a conference session chaired by the body's technical services chief Peter Staddon.