Biba launches 2014 manifesto

steve white biba april10

Trade body targets 'disproportionate' regulation costs.

The British Insurance Brokers' Association (Biba) has launched its 2014 manifesto 'Delivering for customers'.

The publication includes new regulation research which demonstrates that insurance brokers in the UK have the most expensive regulatory regime in the world, with regulatory fees and levies costing more than five times that of those in Japan, France and Germany.

The research also revealed that the Financial Services Compensation Scheme’s (FSCS) fees are negatively impacting brokers, with

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