Members force Biba to change PMI scheme

protest

The British Insurance Brokers’ Association (Biba) has withdrawn its private medical insurance (PMI) scheme for members in order to remove a clause that handed all currently held business to its partner Jelf.

Insurance Age's sister-title Cover discovered that Biba was forced into the move after members discovered the terms of the introducer contract offered by Jelf included a clause which would pass all existing PMI business to the brokerage group.

The Biba scheme was launched earlier this month to provide an opportunity for brokers with little experience of the sector to cater for their clients' PMI needs.

However, clause three in the contract for intermediaries to join the Jelf supported scheme

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: