Biba wants more recognition of brokers' value

Eric Galbraith

The British Insurance Brokers’ Association (Biba) has said that there must be more recognition of the contribution brokers make to the UK economy.

Speaking at the parliamentary reception marking the merger of Biba and the Institute of Insurance Brokers, Eric Galbraith, chief executive of Biba, said: “We need more promotion of the sector and the value that we bring.

“This government is all about growth (in the economy) and if you’re going to grow, you need protection for it.”

Mr Galbraith added that regulation issues remained “top of the list” of Biba’s concerns going into 2012: “The regulator must be quicker in future to both spot and take

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

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.