News
Climate activists increase pressure on Lloyd's
Insurance Rebellion demands Lloyd's and other insurers to stop insuring coal mines and all fossil fuel projects, as day of action sees protesters gather outside of Lloyd's of London and in 12 other UK cities.
Video: Making sense of cyber
Aviva's Carolann Burrows outlines the risks arising in the cyber space and explains how insurers and brokers can help their clients.
Blog: Business continuity in a changing world
In Business Continuity Week, Ecclesiastical's Sarah Pearson, considers developing business resilience.
Qlaims partners with Hedron Network
The partnership, which follows GRP's acquisition and rebrand of Marsh Networks earlier this month, will see broker members gain access to a new claims and risk management offering.
FCA reveals measures to increase consumer protection in retail markets
Regulator proposes to enhance existing rules around treating customers fairly with the aim to drive a shift in culture and behaviour for firms.
One Call suffers system failure
Customers have been unable to contact the broker via phone or live chat or login to its customer portal since Thursday morning.
People Moves: 10 - 14 May 2021
There was still time for some recruitment news in the week the Biba conference took place.
Acturis adds CFC to panel with cyber product launch
CFC's Cyber Now product has been made available to brokers on the Acturis platform.
FCA reveals CEO recruitment spending
The regulator also brought clarity on the number of interviews conducted ahead of its appointment of Nikhil Rathi.
Biba 2021: Attracting talent key to a diverse workforce
Panelists point to encouraging progress for diversity and inclusion in insurance.
Biba plans return to Manchester in 2022
Next year’s conference is set to take place at Manchester Central, restrictions permitting.
Biba 2021: Call for 'unified action' on PI problems
As the cost of PI soars, and insurers exit the market, Biba panellists call for brokers and insurers to collaborate to ensure customers get value.
Millennials failing to buy contents cover
The generational divide is a key finding of a survey which insurtech Getsafe conducted among 2,069 British citizens.
Biba 2021: The impact of Covid-19 on regulation
The FCA’s Matt Brewis discusses product value, business interruption insurance and the test case, challenges around PI and why the time is right to focus on cyber insurance.
Specialist Risk Group buys Irish MGA, Blackrock Insurance Solutions
Specialist Risk Group (SRG), has announced the acquisition of specialist Irish liability and property MGA, Blackrock Insurance Solutions.
FSCS reduces broker levy for 2021/22
Biba welcomes the move to slash the total broker contribution by half, as it brands the original forecasted levy as "grossly unfair".
Biba 2021: MP John Glen’s keynote speech
The economic secretary to the Treasury tackled insurance premium tax, broker Financial Services Compensation Scheme levies, cladding, Brexit and more in his keynote address to the British Insurance Brokers’ Association’s 2021 conference yesterday.
Covid BI claims payments hit £701m
FCA figures show interim payments of £268.2m and final settlements of £433.1m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,912.
Renovation Underwriting hires James Guthrie to lead on broker distribution
Guthrie most recently worked as head of HNW distribution at Covéa.
Biba to open conference for extra day
The move follows difficulties accessing the virtual conference platform yesterday.
Biba reveals Young Broker of the Year 2021 winner
Sioma Insurance Consultants' Alex Margolin wins the award, which Biba says recognises the performance of younger brokers and encourages commitment to the future professionalism of insurance broking.
Biba 2021: Keith Frampton given posthumous Francis Perkins award
Frampton, formerly of Forces Insurance, sadly passed away earlier this year.
Biba 2021: Unintended consequences from silent cyber 'knee jerk' reaction
The clampdown on silent cyber exposure has had unintended consequences for customers with some alterations too “broad brush”, according to Axa UK managing director, underwriting and technical services David Williams.
Biba 2021: The Future of Broking
Phil Barton attacks scale-led consolidation and warns broking is “in a dangerous place” as an expert panel including Aon’s Julie Page, A-Plan’s Carl Shuker and Atlanta’s Ian Donaldson consider the future in a session chaired by Brokerbility’s, Ashwin…