Biba to offer higher commissions through trade credit scheme
Increased commission levels will be available to members of the British Insurance Brokers’ Association (Biba) when they place trade credit insurance through the UK Export Finance initiative.
It was revealed at a joint reception hosted by Biba and UK Export Finance that commissions will go up by between 10% and 15% with immediate effect.
The reception was addressed by Eric Galbraith, Biba chief executive, Patrick Crawford, chief executive of UK Export Finance, and Lord Green, minister for trade and investment.
Lord Green highlighted the importance of driving British exports through broker involvement.
He also announced that regional advisers have been appointed to support exporters
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