Biba warns of 'uncharted waters' as Theresa May's Brexit deal is rejected

Brexit landscape

CEO Steve White reiterates call for greater access to the European market for brokers after the UK leaves the European Union.

Insurance experts have called for clarity after Prime Minister Theresa May’s Brexit deal was rejected by Parliament yesterday (15 January).

The results of the vote showed that 432 MPs had voted against the deal, compared to 202 votes for, in what has been described as the biggest government defeat in modern history.

Steve White, chief executive officer of the British Insurance Brokers’ Association (Biba) told Insurance Age: “We would like some clarity as to what the next steps will be sooner

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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