British Insurance Brokers’ Association (Biba)
Biba launches under-insurance guide for SMEs
Customer focused edition follows on from guide for members issued in May.
Biba publishes demands ahead of Autumn Statement
Trade body urges Chancellor of the Exchequer to consider a number of issues including IPT and Brexit.
Biba welcomes flood action plan
Trade body highlights importance for SMEs to be flood resilient.
Broking Break: Your top five of the week
It’s been a busy week in insurance. In case you missed them, here are the five most popular stories.
Biba tells Gable brokers to co-operate with administrator
Steve White urges brokers to complete in depth due diligence on unrated insurers and says Biba is close to releasing a tool to help with this.
SSP says there is “disconnect” between service expectations and reality
SSP CEO Laurence Walker speaks out and says that increased scrutiny from the FCA was timely.
Biba hosts “full and frank” meeting with SSP
The meeting took place between brokers and SSP and the software house promised to visit affected brokers within a month.
Biba plans review of software house disaster recovery plans
The trade association is looking to use an independent third party IT expert to assess how the major software houses would cope following a disaster.
Yutree Underwriting signs capacity deal with Endurance
Underwriting division builds on previously teaming up with Biba.
Turnover rises at Biba in 2015
Companies House filing reveals amendments to accounting calculations.
Connections announced as theme for Biba 2017
The conference and exhibition theme will reflect an increasingly inter-connected world according to the trade body.
Biba open to support members in SSP saga
Trade body commits to further investigations over business continuity planning.
Biba accountant jailed for fraud
Gurmukh Shehri was convicted of defrauding Biba of nearly £25,000 over three years.
Broking Break: Your top five of the week
Biba led the way with its response to the FCA’s renewal warning and brokers were intrigued by the regulator cancelling its client money review. QBE’s commission stance also grabbed a lot of attention.
Biba welcomes cancellation of client money review
Decision on CASS 5 means rules for brokers around client money will remain the same.
Biba attacks FCA renewal warning
Association criticises the suggested FCA renewal wording, warning it is price focused and hits out at sheer number of new regulations to implement.
Insurers must be clear when contracting out Insurance Act, warns Biba
Trade body says legislation will create a new and fairer balance between policyholder and insurer.
Biba calls for UK to remain in single market
Trade association has written to government to outline concerns following the Brexit vote.
AR network leaders welcome thematic review findings
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
Ex-Biba accountant pleads guilty of £24,000 fraud against trade body
Accountant may be facing jail after case at Old Bailey for stealing money from Biba.
Biba joins up with Bollington to provide care polices
The care combined policies will offer covers including material damage, business interruption, employers' liability and public liability up to £10m.
Biba joins sharing economy panel
Stamp of approval launched for sharing economy companies.
The broker agenda
Biba’s Steve White explains that with constant big changes for brokers the trade body is already planning for 2017
Biba: Business as usual for brokers
Steve White insists it is still “business as usual” as the sector takes stock of Brexit vote but warns regulation is here to stay.