British Insurance Brokers' Association (Biba)
Biba publishes liability guidance for brokers
The British Insurance Brokers’ Association (Biba) has launched a new publication that aims to clarify the issue of limitation of liability for brokers when advising clients.
New broker claims software to be launched
Whitespace Software is launching a new web-based claims management package aimed specifically at insurance brokers.
News Analysis: A Budget for business?
Emmanuel Kenning reviews the profession's response to the last Budget before the upcoming general election
News Analysis: RTA reforms set to launch
Emmanuel Kenning investigates the changes designed to make personal injury claims from road traffic accidents simpler, quicker and cheaper
Your letters: From the Broker Forum, March
Quinn Insurance enters administration
Free SME security campaign to enhance broking opportunities
Brokers could benefit from an initiative supported by the Home Office that aims to boost insurance and security for hundreds of thousands of micro and small to medium-sized enterprises (SMEs).
Motor law tweaks to allow e-certificate distribution
Legislative changes allowing brokers to distribute motor insurance certificates to customers electronically should be in force by the end of April.
FSCS levies set: brokers stung by higher than expected £61m
The Financial Services Compensation Scheme (FSCS) has set the 2010/11 general levy at £148m with brokers being hit by more than £60m of that.
Hung parliament could stifle economic green shoots
Brokers have been warned that the lack of a clear winner in the UK's forthcoming general election is the biggest threat to the green shoots of economic recovery.
Brokers cautioned to take note of fixed-premium IPT exception
Despite the Chancellor's u-turn on the imposition of IPT on intermediary fees, brokers have been warned that they may still apply to add on policies such as legal expenses and breakdown cover.
Could Quinn downfall trigger a hard market?
The Irish Financial Regulator's decision to stop Quinn Insurance writing new business in the UK could kick-start a return to a hard market, industry experts have claimed.
Biba claims success with Electronic Motor Insurance Certificate
The British Insurance Brokers’ Association has said it is “delighted” that changes which enable the electronic delivery of motor insurance certificates to customers are about to become law.
Budget 2010: IPT broker burden reduced
Biba and the IIB have both expressed satisfaction following the publication in today's Budget of the final legislation extending the scope of Insurance Premium Tax (IPT).
Biba broadens PMI group remit
The British Insurance Brokers’ Association (Biba) has today (19 March) announced that its Private Medical Insurance (PMI) Group will broaden its remit to include areas such as income protection, critical illness, and group life insurance as well as PMI.
Biba blasts FSA stance on adequate resources
Eric Galbraith, chief executive of the British Insurance Brokers' Association (Biba), has criticised the Financial Services Authority's (FSA) approach to adequate resources.
The Aldermanbury Declaration - is it the way forward?
If you missed yesterday's live Post webinar debating the recently launched Aldermanbury Declaration it is now available for viewing on-demand.
The Aldermanbury Declaration - is it the way forward?
As part of PB's Investing in the Profession Campaign, Post magazine is hosting a live, interactive, online debate today at 3.30 on the latest professionalism initiative - The Aldermanbury Declaration.
Management Clinic: Troublesome premium tax
Since the Chancellor made his announcement on extending insurance premium tax in December, nothing much more has happened. Should we be charging IPT to brokers' fees or doing nothing until there is a further government statement?
Brokers warned that failure to retain e-data risks legal action
Brokers are at an increased risk of litigation if they fail to keep a detailed record of all e-communications for an adequate amount of time, according to legal experts
Brokers warned: IMD review may enforce UK fee disclosure
Broker trade bodies have warned that the current revamp of European law may lead to commission disclosure becoming mandatory in the UK
'Obscene' levies squeeze broker finances
Brokers could be forced out of business as a result of huge financial demands in the shape of a £70m levy made by Financial Services Compensation Scheme (FSCS) and a significant increase in minimum Financial Services Authority (FSA) fees