British Insurance Brokers’ Association (Biba)
Industry divided over advantages of attending party conferences
Insurers remain divided over the merits of attending party conferences as a means of raising the profile of important industry issues in political circles.
Comparison sites bullish as Google launches car insurance aggregator
Price comparison sites have played down the threat presented by Google after the search company launched a car insurance aggregator, following its acquisition of Beat That Quote in March last year.
Biba boss calls for FCA to target non-GI intermediaries
The British Insurance Brokers' Association has called for the incoming Financial Conduct Authority to target non-insurance intermediaries, not the industry's brokers, in order stamp out mis-selling scandals and protect customers.
UK riots: Reading the riot act
The out-dated Riot Damages Act, policyholder confusion and poor communication led to some heavy criticism of the industry's handling of last year's riots - but what has been learnt and what still needs to change?
Brokers urge against unnecessary bureaucracy in mis-selling regulation
Broking representatives have called on the regulator to make sure that its pledge to stamp out any sales-driven mis-selling of products to consumers does not turn into a “box-ticking” exercise.
Brokers to receive increased commission under new government initiative
Members of the British Insurance Brokers' Association will receive commission levels up to 15% when they place trade credit insurance through the UK Export Finance Initiative, with immediate effect.
Biba calls for ban on banks selling general insurance direct
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has thrown his weight behind Martin Wheatley's pledge to toughen up on the mis-selling of financial products.
FSCS consultation: Burdening brokers
Proposed changes to the Financial Services Compensation Scheme could see brokers contributing more than ever, but are they still paying for the mistakes of others?
Your say: Stronger support for small brokers
An open letter from Barry Fehler, Bryan Whicher, Bob Pybus and Barbara Bradshaw.
View from the top: Strength from unity
Brokers can play their part in ending fragmented representation and help create a single strong voice, says Brendan McManus.
Equality Act: Age concern
The Home Office has exempted the insurance industry from the Equality Act, allowing underwriters to continue using age as a risk factor. But will Europe intervene as it did with gender?
Your say: Biba and IIB merger is bad news for small brokers
While Ten, among others, has so far reserved judgement on the historic merger of the British Insurance Brokers' Association and the Institute of Insurance Brokers, we were prepared to support the new body.
Statement of Principles extension mooted as flood solution sticking plaster
Extending the Statement of Principles may have to be explored as a stopgap if discussions between industry and the government over a long-term flood risk solution rumble on, despite insurers insisting that they will not back down in this way.
Biba chairman Homer takes on mentoring role at Merryck & Co
British Insurance Brokers' Association chairman Andy Homer has joined the faculty of Merryck & Co, the global provider of mentoring to chief executives and senior business executives.
Biba signs Gleaming Wholesale for contractors scheme
The British Insurance Brokers' Association has appointed Gleaming Wholesale as the exclusive provider for its new cleaning contactors scheme, which offers enhanced cover and commission for Biba members and interest free instalments.
FSCS levy proposals could see MGAs facing the same liability as brokers
Managing general agents face being liable to bail out failed independent financial advisers or mortgage intermediaries that exceed the upper threshold of the Financial Services Compensation Scheme levy under new proposals.
Insurance Mediation Directive II: Broking new ground
The European Commission's controversial Insurance Mediation Directive II proposals are aimed at unifying the sale of cover across the continent and increasing consumer protection. But how have the recommendations been received by the broking and buying…
Biba turnover jumps to £3.2m in 2011
The British Insurance Brokers' Association posted turnover of £3.2m for 2011, an increase of 14% on 2010.
FSCS funding model consultation paper draws early concerns
The Financial Services Authority's proposed changes to the funding of the Financial Services Compensation Scheme have come under fire from the British Insurance Brokers' Association, amid concerns that the creation of a 'retail pool' will affect members.
Payment Protection Insurance: Ringing the changes
Could a redrawing of the Financial Services Compensation Scheme boundaries save brokers from a repeat of the adverse financial impact of the payment protection insurance mis-selling scandal?
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Telematics sales increase 'fivefold'
Telematics insurance sales have increased fivefold in the past two years and are set to snowball to around 500 000 in the next two years.
Weather claims to hit £750m as industry waits for SoP announcement
The insurance industry is hopeful that the government will finally release details of the flood risk model that will replace the Statement of Principles before its summer recess next week.