British Insurance Brokers’ Association (Biba)
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
Biba finds optimistic broker outlook for future
Brokers are more positive about investing in new staff according to a survey by the British Insurance Brokers’ Association.
ABI hits back at Biba claim regarding increased payout battle
The Association of British Insurers has rejected the view expressed by the British Insurance Brokers' Association that the challenging economic climate has led to insurers adopting a stricter policy interpretation.
ABI slams revised FSCS rules
The Association of British Insurers has condemned plans by the Financial Services Authority to update its rules for the Financial Services Compensation Scheme, saying that insurers will be paying for the failure of other financial institutions.
Biba warns on increasing payout battles
Two-thirds of brokers have had to fight harder to get claims paid, according to research from the British Insurance Brokers' Association, blaming fraud and the economy.
Investing in the profession: Biba gains CPD accreditation
The British Insurance Brokers' Association has received Continuing Professional Development accreditation from the Chartered Insurance Institute.
Insurance industry 'not ready' to scrap motor insurance certificates
Direct Line Group has backed the views of insurance industry bodies calling for more research before the government pushes ahead with proposals to scrap motor insurance certificates.
Biba gets Continuing Professional Development accreditation
The British Insurance Brokers' Association has received Continuing Professional Development accreditation from the Chartered Insurance Institute.
Gender Directive to push up female motor premiums by 38%
Motor insurance premiums for young female drivers are expected to face sharp increases when the European Gender Directive comes into force on Friday, according to research by the British Insurance Brokers' Association.
Review of the Year: Brokers - A bumpy ride
Brokers have experienced a somewhat tumultuous year, with imminent regulatory changes, big-name departures and the ongoing financial crisis all leaving their mark on 2012. What next for the sector?
Brokers turn to unrated insurers for high risk clients
Towergate's decision to sign a £70m underwriting deal with Gable is evidence of a change in market perception on unrated insurers and an increasing willingness to use them, industry players believe.
Biba: female drivers could face 40% hike in premiums
Insurers have played down pricing implications for young female drivers ahead of the introduction of the EU Gender Directive next week, despite claims that premiums could rise by as much as 40%.
Biba and Aviva back MoJ whiplash consultation
The British Insurance Brokers Association and Aviva have become the latest insurance bodies to back the whiplash consultation from the Ministry of Justice.
Government given mixed reviews half way through electoral term
Insurance industry stakeholders have given verdicts on the government's performance as it reaches the half-way point in its five-year electoral term.
FSCS £21m levy increase on brokers is ‘kick in the teeth’
The Financial Services Compensation Scheme is to raise the insurance intermediary sub-class levy by a further £21m in the first quarter of 2013 owing to an increase in payment protection insurance compensation.
Biba appoints Jackson Lee Underwriting as GAP provider
The British Insurance Brokers’ Association has appointed Jackson Lee Underwriting as the exclusive provider of its new GAP insurance scheme which provides enhanced cover and levels of commission for association members.
Tens of thousands face being priced out of flood cover
ABI admits its Flood Re model is dead in the water
Interview: Reg Brown - Been there, done that, got the t-shirt
Reg Brown has seen it all in more than half a century working in insurance, but the chairman of the Managing General Agents’ Association’s drive to improve the industry and inspire its next generation is stronger than ever.
Biba asks Chancellor to consider the FSCS funding model
The British Insurance Brokers’ Association has urged George Osborne to “ensure appropriate and proportionate” regulation for brokers and to consider the Financial Services Compensation Scheme funding model for his Autumn Statement submission.
Head hunters appointed to find new Biba chief executive
The British Insurance Brokers' Association has appointed head hunters Per Ardua Associates to find a replacement for chief executive Eric Galbraith.
FUEDI and CILA to demand IMD II clarity from Europe
The Chartered Institute of Loss Adjusters is becoming increasingly frustrated at being left in the dark as to how the "light touch" Insurance Mediation Directive will affect its members.
Post Blog: Mr Insurance
Should the insurance industry take a more joined-up approach to communicating with customers? Jamie Marchant explains.
Brokers to blame for lack of voice at top table
Brokers need to "stand up and be counted" when it comes to interacting with law makers and regulators, according to Giles Insurance Brokers chief executive Brendan McManus.
Biba: Scottish independence could pose problems for cross-border trade
Brokers have been warned that Scottish independence could result in heightened trade barriers between insurance businesses operating north and south of the border.