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BIBA appoints broker to provide ASU to members

The British Insurance Brokers' Association has appointed member broker Burgesses as the exclusive sc...

The British Insurance Brokers' Association has appointed member broker Burgesses as the exclusive scheme provider of accident, sickness and unemployment insurance. Graeme Trudgill, technical services manager of BIBA, said: "Traditionally, only a few brokers have realised the vast earning potential of ASU insurance. We believe that, by utilising the experience of Burgesses, members will be able to provide their clients with quality cover, first-class advice and wider choice, to the mutual benefit

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Tax-efficient exit strategies and staff incentivisation have become hot topics among broker leaders since the recent increases in Capital Gains Tax and Employer National Insurance. In the second part of a series focused on the fallout from the 2024 Labour Budget, Catherine Heyes examines how broker owners can use Employee Ownership Trusts to respond to these developments.

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