Biba brands Mactavish claims "opportunistic" and "wholeheartedly disputes" them

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The British Insurance Brokers’ Association (Biba) has stated that it “wholeheartedly disputes” issues raised by Mactavish in a report on broker remuneration published today (21 May).

In the report, Mactavish claimed the broker remuneration model presents a “huge conflict of interest”, with brokers receiving as much as 80% of their remuneration from insurers while only 20% of their revenue is composed of fees from their clients.

In response, Biba stated: “Brokers are the agent of the client as

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