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Associations look to bring in secondary intermediaries

Garages and retail outlets may be admitted into the British Insurance Brokers' Association (Biba) as...

Garages and retail outlets may be admitted into the British Insurance Brokers' Association (Biba) as part of a mass membership drive by the body under moves to improve its lobbying power with the Government and regulator.

Insurance Age understands that a specially convened Biba working party is considering allowing secondary general insurance intermediaries - estimated to account for 40% of the 10,000 Financial Services Authority (FSA) registered intermediaries - to be given a status such as

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