British Insurance Brokers' Association (Biba)
New Biba CEO Trudgill urged to fight for compliance-hit small brokers
The new CEO of the British Insurance Brokers’ Association, Graeme Trudgill, has been urged to fight for smaller brokers, who complain they are being swamped by regulation.
Graeme Trudgill succeeds Steve White as Biba CEO
The British Insurance Brokers’ Association has appointed Graeme Trudgill, its current executive director, as CEO taking over from Steve White.
Biba continues associate expansion adding APR
The British Insurance Brokers’ Association has added general insurance actuarial resource provider APR as an associate taking its total up to 46.
Biba rolls out partnership to help brokers on Net Zero journey
The British Insurance Brokers’ Association has added Flotilla Group as an associate to help support members with their own sustainability ambitions.
Brokers can no longer rely on insurer ‘pipeline’ to win war for talent
Brokers need to build their own pipeline of staff to win the war for talent because insurers are not going to do it for them anymore.
FSCS slashes broker 2023/24 levy to zero
The Financial Services Compensation Scheme has dropped plans to charge general insurance brokers £5.3m in 2023/24 as it cut the contribution to nil.
FCA posts improved SMCR approval times but AR permissions still lagging
The Financial Conduct Authority has revealed the average days taken in 2022-23 to process five key authorisations that affect brokers were within its target timeframes, but there is further to go to hit the statutory requirement for 100% of cases.
Brokers raise concerns about FCA’s regulatory and compliance burden
In roundtables hosted by Zurich and the APPG for Insurance and Financial Services, brokers flagged their concerns about the regulatory and compliance burden created by the Financial Conduct Authority and claimed it is affecting the financial resilience…
FCA survey data tracks 13% of consumers cut back on insurance due to cost-of-living crisis
More than six million people cut or cancelled insurance cover in the six months to January 2023 to save money in the cost-of-living crisis, the Financial Conduct Authority has calculated.
Blog: Who will replace Steve White as Biba CEO?
Seven days on from Steve White dropping the biggest Biba Conference bombshell since Boris Johnson announced he was running for the Tory leadership, Jonathan Swift considers who might be among the early front runners to replace White as the trade body’s…
RSA survey pinpoints broker challenge of clients amending or cancelling insurance in light of economic uncertainty
More than three quarters of brokers have seen clients change policies in the past six months as they prepare for further economic uncertainty, according to research by RSA.
Clients cutting cover is greatest challenge for brokers - survey
Clients cutting back cover is the greatest challenge brokers face right now, according to a survey taken at the Biba Conference 2023.
Biba confirms the dates and venue for its 2024 conference
The British Insurance Brokers’ Association conference will return to Manchester in 2024 for a ninth consecutive year, it has been confirmed.
Biba awards Francis Perkins and Young Broker trophies
Former non-executive director of AFL Insurance Brokers, Alec Finch, was awarded the Francis Perkins Award, and Capsule Insurance Services’ Liam Green took home the Young Broker of the Year prize.
Biba 2023: A period of regulatory and legislative stability tops broker wish list
Attendees at the British Insurance Brokers’ Association conference in Manchester voted for a period of stability with no regulatory or legislative changes as their top desire in a poll at the event yesterday.
Biba launches guide to help brokers with cost of living crisis
The British Insurance Brokers’ Association has launched a new guide to help brokers explain to customers the dangers of cutting back on cover during these tough times.
Firms not challenging themselves enough on fair value – FCA boss Brewis
Financial Conduct Authority director of general insurance Matt Brewis believes insurance firms are applying a ‘tick box’ approach to fair value assessments.
Biba CEO White: FCA needs to act on broker regulatory burden
The Financial Conduct Authority has been urged to reduced the “unacceptably high” regulatory burden faced by insurance brokers.
Biba CEO Steve White to retire
Steve White, CEO of the British Insurance Brokers’ Association, told the audience of the trade body’s annual conference that he will retire this autumn.
Biba launches ESG guides
The British Insurance Brokers’ Association has unveiled publications on environmental, social and governance for its members.
Editor’s letter: Sorry insurers, your staff ain’t worth stealing
In the weeks leading up to the British Insurance Brokers’ Association conference, I had a number of ‘state of market’ meetings with brokers
Biba seeking new HNW schemes provider due to Home & Legacy closure
The British Insurance Brokers’ Association is searching for a new high-net-worth schemes provider, and will be ‘seeking tenders from alternative providers’ in light of Allianz planning to put Home & Legacy into run-off.
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.
Sicsic Advisory becomes Biba associate
Regulatory and risk consultancy Sicsic Advisory has become an associate of the British Insurance Brokers’ Association.