British Insurance Brokers' Association (Biba)
Insurance Cares: Charity begins at home?
Ahead of Biba’s 2019 conference, which has mental health at the top of the agenda, Steve White considers how the broker sector can foster wellbeing for its workforce.
FSCS confirms final levy for 2019/20 at £532m
The amount is £16m more than the organisation forecast it would be back in January and relates partly to “continuing costs in some historic insurance failures”.
Biba partners with Opus Underwriting for Intellectual Property scheme
The policy offers specialist legal expenses cover and is backed by A-Rated capacity.
Podcast: The top five news stories of the week
Ida Axling and Aara Syed discuss the most popular stories on Insurance Age this week.
Qudos replacement policies reignite unrated debate
Some alternative cover for Qudos’ motor, motor add-on and pet insurance policyholders is being offered through two unrated insurers.
Slow take-up of standardised Toba template was expected, says Biba
CEO Steve White hopes for a domino effect as networks, including Una Alliance, consider adopting the template.
Experts urge brokers to look over remuneration after FCA warning on GI distribution failings
Compliance specialists say brokers need to look at the distribution chain and make sure they act in the best interest of the customer.
Tokio Marine Kiln’s Blundell joins Biba
Alastair Blundell takes up the newly-created position of head of general insurance.
Biba selects Magenta for Escape of Water scheme
The scheme offers Waterlock technology and is supported by an app.
Insurance Cares: Biba supports FCA’s update on extended travel signposting
Regulator updates guidance in terms of travel insurance for individuals with pre-existing medical conditions.
Quizzical questions: 29 March 2019
Test your knowledge of the week's news with our topical quiz.
The growing use of credit to buy insurance
New research by Premium Credit reveals the insurance intermediary market anticipates consumers will use credit more this year when buying insurance.
InsurTech Futures: Broker Insights becomes associate member of Biba
The two firms hope the Broker Insights platform will help Biba's regional broker members to become more visible to insurers.
Government to launch operational review of IPT
Insurance industry welcomes review into fairness and efficiency of IPT, but the ABI pledges to continue its campaign to keep the rate from increasing further.
InsurTech Futures: Biba signs first InsurTech partnership with Worry+Peace
The British Insurance Brokers’ Association has joined forces with InsurTech Worry+Peace to help brokers bolster their ability to trade digitally.
Morgan Clark joins Biba
Loss assessor becomes associate member of the broker trade body.
Industry urged to tackle dual pricing
Citizens Advice calls for dual pricing discussion to “begin from the assumption that pricing differences are unfair” at Parliamentary meeting of regulators and trade bodies.
“Surprise” at FCA clean bill of health for “unbalanced” wholesale market
The regulator said there was room for improvement and did not take action but expert suggests brokers expected the watchdog to intervene in what is seen as an “unbalanced market”.
FCA outlines “room for improvement” in £60bn wholesale market
However, the study into it did not identify “significant areas of harm” as Biba welcomes the final report.
Market welcomes Pool Re non-damage BI extension
The Counter Terrorism and Border Security Bill, which outlines how Pool Re can operate, received Royal Assent yesterday (13 February).
Podcast: The top five stories of the week
Emmanuel Kenning and Ida Axling give their thoughts on this week's biggest stories.
Quizzical Questions: 8 February 2019
Test your knowledge of the week's news with our topical quiz.
Biba books Boris for 2019 conference
Event in Manchester on 15-16 May is themed as ‘Leading the Way’.
Biba maintains warning on FSCS levy
FSCS planning for £516m budget.