The body paid him £25,000 but the entire industry is now under fire over government decision to not enforce business closures in a move which some claim will affect BI cover.
The government advised leisure businesses to close voluntarily prompting a public backlash that firms won’t be able to claim for business interruption as it isn’t a closure order.
Andrew Gibbons, Ashley Rogoff, Tim Ryan and Paul Anscombe have completed their stints on the board, with the trade body set to announce their replacements in the near future.
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
The Insurance Age team discuss the most popular news stories of the week.
Exclusive: Balloonist Bertrand Piccard and racing driver David Coulthard have been revealed as keynote speakers.
The trade body has pledged to support members as the regulator insists all firms must have contingency plans in place to deal with major issues such as Covid-19.
The ABI and CII are calling for a cut to insurance premium tax, whereas Biba is requesting a freeze.
Peter Staddon was appointed as the organisation’s first MD in 2013.
Keep up to date with the latest market moves.
As Biba focuses on improving access to insurance in its manifesto, commissioning editor Laurence Eastham considers where changes will occur in 2020.
Trade body has announced a raft of initiatives to support “ethical and sustainable trading” as part of its manifesto.
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
Expected broker levy rose to £23m for 2020/21 after spike in PPI complaints.
Editor, Siân Barton, considers how the insurance space has launched into 2020 and looks back to a thread from 2019 that should be picked up again this year.
Williams, previously group SME director at Circle Insurance Services, will take on area manager role at the broker trade body.
The start of Summer brought with it the revelation that now Prime Minister Boris Johnson was paid £25,540 by Biba to speak at its conference.
CII survey highlights there is more for the industry to do to tackle the loyalty penalty.
The body is subsidising mental health first aid training for members and has four regional sessions set up for 2020.
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The executive chairman of the Una Alliance told conference attendees that they need to ensure they understand changing buying decisions and new types of consumer.
Broker trade body wants future government to promise that money raised from the increase in IPT remains earmarked for flood defence and resilience measures.
New member of Biba focuses on insuring high net worth and niche personal lines clients.
Insurance Cares: Signposting service for older customers has been renewed again following its launch more than six years ago.