British Insurance Brokers' Association (Biba)
Biba questions duplication in OFT inquiry
The British Insurance Brokers’ Association (Biba) has welcomed the announcement of an Office of Fair Trading (OFT) inquiry, particularly regarding comparison sites, but added it did risk going over old ground.
Biba demands permanent 42 day notice period for riot claims
The British Insurance Brokers’ Association (Biba) has called on the government to change the Riot Damages Act notification period permanently from 14 to 42 days.
Products: Lexelle fuels market with expanded range
Wholesale broker Lexelle has launched a range of new products to help brokers meet customer demand.
Broker trade bodies want lower regulatory barriers
The British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) have called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.
Brokers suing clients over contested complaints could breach TCF
Brokers that sue clients for complaining could be in breach of Treating Customer Fairly (TCF) principles.
Riot victims need claims deadline certainty, says Biba
The British Insurance Brokers' Association (Biba) has urged insurers to provide a clear message on the claims notification deadline for riot victims.
Insurance Age blog: Why can't banks leave insurance to the experts?
Personally I am quite grateful to banks and the practice of conditional lending. If banks hadn't been doing this and luring small commercial clients away from brokers then I wouldn't have written a story late last year exposing the whole grubby little…
Banks' "immoral" conditional lending still alive and well
Banks are still abusing their position by placing undue pressure on SMEs to use their preferred intermediaries, according to the broking community.
Concern as to whether industry will foot the bill for riots
Concern has been raised by brokers as to whether the events over the last few days in London, Liverpool, Birmingham and Bristol will be officially classed as riots under the Riot (Damages) Act 1886.
Toba changes must not be taken out of context, says Cliff
Ageas has reacted to the media coverage following broker complaints over the recent amendments the insurer has made to its terms of business agreements (Toba).
Biba calls for more intrusive regulation of comparison sites
Comparison sites must be recognised by the regulator as more than just introducers, according to The British Insurance Brokers’ Association (Biba).
Biba healthcare group founder resigns, labelling it a toothless tiger
The British Insurance Brokers’ Association (Biba) healthcare focus group has been dealt a further blow with the resignation of one of its founder members.
Flaxman appointed to CEDR commercial mediation service panel
Roger Flaxman has been appointed as a member at the Centre for Effective Dispute Resolution’s (CEDR) commercial mediation service, CEDR Solve, as one of 18 insurance specialists on the 120-strong panel.
IIB calls for FSCS review after 900% levy increase
The Institute of Insurance Brokers (IIB) has presented research to the All Party Parliamentary Group on Insurance and Financial Services (APPGIFS) showing that brokers with an income of £500,000, £1m or £5m have seen their Financial Services Compensation…
Biba slams Zurich Municipal over anti-broker marketing
The British Insurance Brokers’ Association (Biba) has hit out at Zurich over the content of a Zurich Municipal advert urging customers to “cut out the middle man”.
Biba confirms Peter Staddon's departure
The British Insurance Brokers’ Association (Biba) has confirmed that Peter Staddon, the association’s head of technical services, will leave his position at the end of this month.
Staddon on his way out at Biba
The head of technical services at the British Insurance Brokers’ Association (Biba) is set to depart at the end of the month, Insurance Age understands.
Incisive Media cleans up at the Biba Awards 2011
Journalists from Insurance Age and sister title Post Magazine topped three categories and received four highly commended awards at the British Insurance Brokers’ Association’s 2011 journalist of the year awards.
Continuous Insurance Enforcement commences
The Continuous Insurance Enforcement (CIE) legislation has come into force meaning warning letters will be sent to the registered keepers of uninsured vehicles.
FSA declines to commit to April 2012 FSCS review deadline
Sheila Nicoll, director of conduct policy at the Financial Services Authority (FSA), has told a meeting of the All Party Parliamentary Group on Insurance and Financial Services (APPGIFS) that the barrier to continuing the Financial Services Compensation…
New product intervention approach could result in firm TCF rules
The Financial Services Authority (FSA) has revealed its intention to create a single set of rules for product intervention which could involve making all TCF material statutory.
Biba’s 7000 strong FSCS petition delivered to MPs
The British Insurance Brokers' Association (Biba) has presented its Financial Services Compensation Scheme (FSCS) petition of nearly 7000 member signatures to Jonathan Evans MP at the House of Commons.
Compare The Market also welcomes FSA review
Insurance comparison website Compare The Market has added its voice to the industry’s welcome for the Financial Services Authority’s (FSA) review into whether aggregators are treating customers fairly.
What the papers say - June 2011
In this month’s edition of What The Papers Say, Insurance Age editor Martin Friel and senior reporter Emmanuel Kenning discuss the biggest stories in insurance with Paul Upton, chief executive officer of Evolution Underwriting.