Biba 2013: Insurers weigh up Biba risk transfer model

A pile of coins with two magnifying glasses

The British Insurance Brokers' Association is working with Deloitte and DAC Beachcroft on proposals to safeguard risk transfer for brokers, according to chief executive Steve White.

The Financial Conduct Authority is currently assessing client money rules and considering banning all but 'unconditional' risk transfer.

Speaking at the industry body's annual conference in London

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As thousands pack their bags for next week’s British Insurance Brokers’ Association conference in Manchester, Tom Luckham explores the ongoing reinvention of insurance distribution and the different challenges as well as opportunities this new era creates for small, independent intermediaries compared to their larger rivals.

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