Biba launches insurance schemes management facility with MGA
The trade body noted that the facility reversed traditional scheme models.
The British Insurance Brokers' Association (Biba) has launched a new facility with Accelerate Underwriting which it said enables members with non-standard commercial business to access UK A rated insurance capacity.
The web-based facility, from the managing general agent (MGA) offers an alternative where existing broker schemes have grown beyond the manual processes in place, Biba said.
The trade body added that the facility also helped those with lots of administrative work or when the broker
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