Biba renews Lockton PI partnership

Deal_background

The British Insurance Brokers’ Association has renewed its professional indemnity accredited broker contract with Lockton for a further three years.

The trade body flagged that Lockton has been a Biba-accredited PI insurance provider for more than 25 years.

Mike Hallam, head of technical services at Biba, said: “The broker PI market has faced significant challenges in recent times with the Covid-19 pandemic, but as we move away from that, robust and efficient risk management is still to the fore.

Lockton are gratified and excited to extend our partnership with Biba, and to source and provide solutions to its members in the modern PI world.
Paul Afteni

“Lockton’s expertise and experience in this area, which has served members well for many years, will continue to offer members the advice and information they need to secure a suitable placement for their PI insurance.”

Solutions

Paul Afteni, head of financial regulated professions PII at Lockton, commented: “Lockton are proud supporters of Biba and its members, and share a long history of working shoulder to shoulder with Biba to service their members’ PI needs.

“As the profession navigates its way through the post-Covid 19 professional indemnity insurance market, Lockton are gratified and excited to extend our partnership with Biba, and are looking forward to continuing to source and provide solutions to its members in the modern PI world.”

For all the latest industry news direct to your inbox, sign up for our daily newsletter.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Interview: Melissa Collett

Melissa Collett left the CII at the end of May. A champion of professionalism and customer fairness, she has some wise words for an insurance industry on the brink of change.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: