Institute of Insurance Brokers (IIB)
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 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.
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 &…
IIB calls for FSCS review after 900% levy increase
The Institute of Insurance Brokers has presented research to the All Party Parliamentary Group on Insurance and Financial Services showing that brokers with an income of £500 000, £1m or £5m have seen their Financial Services Compensation Scheme fees…
Staddon to leave Biba
The British Insurance Brokers' Association's longstanding head of technical services Peter Staddon is set to depart the trade body. Mr Staddon began his insurance career in 1971 as a broker and joined Biba in 1996 to establish the technical services…
Broker focus - Biba/IIB merger: Let's get together
Following the initial flurry of excitement when Biba and the IIB announced they were in merger talks, Chinwe Akomah talks to the market about their hopes and concerns for new a single body.
Penny Black's insurance week
Another year, another Biba conference; brokers nurse their hangovers, hacks try to recall the juicy story slurred in their ear at 2am, and insurers vow to return to the exhibition hall next year with a bigger stand than Aviva, nicer cup cakes than Zurich…
Biba 2011: Brokers back Biba and IIB as merger revealed
Moves by the British Insurance Brokers' Association and the Institute of Insurance Brokers to merge have been overwhelmingly backed by brokers.
Editor's comment: All action, no talk
Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…
Biba 2011: Video – Biba Today: Eric Galbraith on the proposed Biba and IIB merger
As the British Insurance Brokers' Association conference in Manchester enters its second day, Post and Insurance Age met up with the trade body's CEO Eric Galbraith.
Biba 2011: Video - Biba Today: Potential Biba and IIB merger – what the delegates think
As the British Insurance Brokers' Association conference in Manchester digested the news of a possible merger between Biba and the Institute of Insurance Brokers, Post and Insurance Age asked delegates what they thought of the news.
Biba chairman reveals IIB merger plans at conference
The British Insurance Brokers’ Association and the Institute of Insurance Brokers have confirmed they are in formal discussions, under heads of agreement, about the two organisations coming together, with an aim to complete discussions by the end of the…
Biba 2011: The IIB/Biba merger in context - more than a coalition of convenience?
With the announcement from British Insurance Brokers’ Association chairman Patrick Smith that the trade body is in talks that could lead to a full merger with the Institute of Insurance Brokers, Jonathan Swift looks at why the move now makes sense.
Firms face ruin after court ruling
The insurance industry has been warned some firms could face ruin after a legal challenge to the Financial Services Authority's measures to deal with payment protection insurance complaints was rejected.
Biba and IIB warn members over Bribery Act compliance
The British Insurance Brokers' Association and the Institute of Insurance Brokers have urged members to start putting measures in place to comply with the forthcoming Bribery Act.
Interview – Peter Halpin: keeping Swinton on the acquisition track
Swinton CEO Peter Halpin had a lot to live up to - following, as he did, in Patrick Smith’s footsteps. He talks to Leigh Jackson about taking the company forward and continuing its impressive acquisition record.
News analysis - regulation: Questions over reform
The latest consultation paper over regulation reform has left many questions unanswered. Amy Ellis talks to industry figures to find out more.
IIB questions logic of upfront commission disclosure
The Institute of Insurance Brokers has reiterated its concerns that the European Commission-led review of the Insurance Mediation Directive could lead to mandatory commission disclosure.
Biba calls for intermediary split after shock FSCS hike
Insurance brokers have reacted angrily to Financial Services Compensation Scheme proposals to increase their fees to more than £90m for 2011/2012.
APPG - 20 years in force: Representation for the industry
With its 20th anniversary just passed, David Worsfold looks at the success of the All Party Parliamentary Group on Insurance & Financial Services, detailing some key highlights from two decades of debate.
Interview - Karen Ellis: One's formula for success
With the management buyout of motor sport specialist Ellis Clowes & Company from THB, Karen Ellis has certainly made her mark. She talks to Amy Ellis about remaining in pole position in its niche.
Brokers braced for IMD meeting
Intermediaries will be given the opportunity to air their views on the review of the Insurance Mediation Directive at a public hearing in Brussels tomorrow.
IIB plays down deal implications
Institute of Insurance Brokers chief executive Barbara Bradshaw has refuted suggestions a recent deal between IIB-affiliated Broker Direct and the British Insurance Brokers' Association marks a move towards even closer co-operation between the two trade…