Biba renews Lockton PI partnership
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.”
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