British Insurance Brokers' Association (Biba)
Biba 2021: Call for 'unified action' on PI problems
As the cost of PI soars, and insurers exit the market, Biba panellists call for brokers and insurers to collaborate to ensure customers get value.
Biba 2021: The impact of Covid-19 on regulation
The FCA’s Matt Brewis discusses product value, business interruption insurance and the test case, challenges around PI and why the time is right to focus on cyber insurance.
FSCS reduces broker levy for 2021/22
Biba welcomes the move to slash the total broker contribution by half, as it brands the original forecasted levy as "grossly unfair".
Biba 2021: MP John Glen’s keynote speech
The economic secretary to the Treasury tackled insurance premium tax, broker Financial Services Compensation Scheme levies, cladding, Brexit and more in his keynote address to the British Insurance Brokers’ Association’s 2021 conference yesterday.
Biba to open conference for extra day
The move follows difficulties accessing the virtual conference platform yesterday.
Biba reveals Young Broker of the Year 2021 winner
Sioma Insurance Consultants' Alex Margolin wins the award, which Biba says recognises the performance of younger brokers and encourages commitment to the future professionalism of insurance broking.
Biba 2021: Keith Frampton given posthumous Francis Perkins award
Frampton, formerly of Forces Insurance, sadly passed away earlier this year.
Biba 2021: The Future of Broking
Phil Barton attacks scale-led consolidation and warns broking is “in a dangerous place” as an expert panel including Aon’s Julie Page, A-Plan’s Carl Shuker and Atlanta’s Ian Donaldson consider the future in a session chaired by Brokerbility’s, Ashwin…
Biba conference site crashes
Delegates are unable to log in to the platform as the trade body blames wider server issues and apologises for the problems.
Biba questions need for flexible working charter for brokers
Biba's Steve White says trade body will provide assistance if members ask for it, but a charter similar to the one launched by the ABI is not on its agenda, while brokers say they are already embracing flexible working.
People moves: 4 - 7 May 2021
The key job changes in the world of insurance this week.
What the FCA travel rules mean for brokers
The new rules that affect travel insurance providers come into force on Monday, 26 April.
MHIB and Biba launch largest ever insurance mental health survey
Head Lines: The survey will benchmark the health of people working in the insurance sector for the first time.
Top 10 tips: Considering insurer financial security
Biba’s Mike Hallam outlines some key strategies for brokers to help them assess the financial strength of providers.
Aston Lark develops portal for renovation insurance
Brokers can use the portal to process adjustments and share documents with clients.
Amanda Blanc becomes Women in Finance Champion
Blanc says there are still far too many barriers blocking women’s progress in financial services, as HM Treasury notes over 400 signatories have committed to helping women progress into senior roles and setting targets for gender diversity.
Biba appoints MercariRisk as marine insurance scheme provider
Trade body says the scheme is underwritten by A+ rated capacity and will help brokers access cover for a range of marine risks including cargo, freight liability, hull and liability cover for commercial vessels, commercial maritime operations, super…
Opinion: Fees but not as we’ve known them
Biba’s Steve White considers if regulators have gone too far in terms of the fees and levies they are asking for from insurance brokers
News analysis: Are we heading for an underinsurance crisis?
Difficult conversations on horizon for brokers as SMEs seek to cut costs amid economic uncertainty due to business squeeze from Covid, Brexit and harder market
Analysis: Are we moving towards market failure for high-rise buildings?
PI and property rates were hit hard following the Grenfell fire horror. Martin Friel investigates the wider insurance implications but is met with deafening silence from providers as brokers sound the alarm.
BLW boss Brett Sainty joins Biba advisory board
Sainty joins the International and Wholesale Brokers’ Advisory Board, which provides advice and counsel on matters affecting international and wholesale market brokers and acts as a sounding board to the main Biba board.
IPT-threat level raised
The “soft target” tax is under threat amid economic uncertainty but the sector is still arguing for a cut or a freeze.
Biba zones in on resilience in 2021 manifesto
Manifesto includes a number of commitments from the broker trade body, covering areas including underinsurance as a result of the pandemic, IPT, cyber insurance and signposting to help customers access insurance.
Biba Travel Medical Insurance Directory approved by FCA
The document has been designed to help brokers comply with regulatory obligations.