BIBA brokers' e-boost

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The British Insurance Brokers' Association is aiming to 'e-enable' all its members by providing acce...

The British Insurance Brokers' Association is aiming to 'e-enable' all its members by providing access to broadband internet connection through a reduced cost scheme it is currently negotiating with a leading insurer.

The initiative, lead by head of technical services Peter Staddon, is intended to promote the advantages associated with trading electronically.

Brokers will be able to reduce the cost of this by buying into a tariff, thereby benefiting from economies of scale.

A similar initiative is

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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