British Insurance Brokers' Association (Biba)

Brokers pledge to stop sharing building commissions and cap fees

Five top 100 UK broking groups have pledged to end sharing building insurance commissions with landlords and to cap fees. However, many others have not signed up including Gallagher UK who has refused to back the pledge in its existing version over concerns about "possible unintended consequences".

Products: October 2023

Product launches this month include a sustainable business tool, stand-alone cover for SMEs, a latest defects scheme for building warranties, and a landlord product roll out on Applied Systems.

Biba launches latent defects scheme

The British Insurance Brokers’ Association has teamed up with specialist broker GBW to launch a latent defects scheme, consisting of building warranty cover tailored for the property development and construction industry.

Graeme Trudgill on taking up the reins at Biba

Graeme Trudgill has committed to fighting strongly for brokers and to getting even more access to the Financial Conduct Authority for members as he takes up the role of CEO of the British Insurance Brokers’ Association.

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