Politics
Motor insurance payouts hit record £3.2bn in Q2
Insurers paid out a record £3.2bn to support motor insurance customers in Q2 2026, according to the latest data from the Association of British Insurers.
Andy Burnham to open Biba conference
Mayor of Greater Manchester Andy Burnham is set to give the opening keynote address at The British Insurance Brokers’ Association’s 2026 conference.
Manifesto 2026: Biba calls for new Financial Services Bill
The British Insurance Brokers’ Association has launched its 2026 Manifesto titled ‘Economic Resilience’, calling on the government to introduce a new Financial Services Bill in early 2026.
End of Year Review 2025: Liiba’s Chris Croft
Chris Croft, the CEO of the London & International Insurance Brokers’ Association, describes the UK government’s financial services strategy as “depressingly insurer focused” and imagines an AI persona with a 1986 style perm in honour of footballer…
Government’s motor insurance taskforce report sparks ‘fudge’ and ‘credible job’ reactions
The government has published its Motor Insurance Taskforce Report, whose work has been both praised as a “credible job” and slammed as “rehash” and a “fudge”.
Pool Re: terrorism cover should be standard commercial feature
A gathering of experts at Pool Re’s annual Market Event has called for the reinstatement of terrorism cover as a standard feature of commercial property insurance.
What does the 2025 Budget mean for insurance brokers?
On Wednesday afternoon, after weeks of speculation (and an unprecedented early leak by the Office for Budget Responsibility), the Chancellor finally revealed her second Budget. Tom Golding, PKF Littlejohn partner considers some of the main tax changes…
Biba welcomes government plan to move to ‘total signposting’ for insurance
The British Insurance Brokers’ Association has welcomed the Financial Inclusion Strategy from the government that outlines a new signposting initiative to help people find the most appropriate insurance.
RSA: brokers need to help clients prepare for new tougher anti-fraud legislation
Nearly 25,000 UK businesses could be at risk of criminal liability under the new crime and transparency act.
Flood defence commitment welcomed amid calls for more sustained funding
Insurance industry leaders have welcomed the government’s commitment to flood defence investment in the Spending Review; but cautioned more needs to be done to protect UK homes and the economy.
Ex-broker bosses beaten in mayoral elections
Two former broker bosses have lost in their attempts to become mayors following yesterday’s local elections.
NIC rises and Payrolling of Benefits - challenges and opportunities for insurance brokers
In the final part of a series on the fallout from the 2024 Budget, PKF Littlejohn’s Liam Condron looks at the rise in employer National Insurance Contributions and introduction of the Mandatory Payrolling of Benefits regime, and analyses what these…
Arron Banks slams Green ‘wokery’ and ‘finished’ Tories as he announces mayoral tilt
Somerset Bridge and Brightside founder Arron Banks has been confirmed as the Reform UK party mayoral candidate for the West of England.
Confidence on growth stays stable as regulation remains to the fore
Around nine in ten leaders continue to feel upbeat about growth prospects for the second quarter of 2025, according to the latest findings in the KPMG UK Financial Services Sentiment survey.
Should you sell your broking business to an Employee Ownership Trust?
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…
Ex-England manager Gareth Southgate among Biba conference speakers
The British Insurance Brokers’ Association has confirmed former England men’s football team manager Gareth Southgate as one of its 2025 conference keynote speakers.
More than one in four UK businesses impacted by civil unrest last year, says Gallagher
Over one in four UK businesses were impacted by civil unrest last year, with nearly two-thirds citing a continuation of the problem as a major concern for 2025, according to research by Gallagher.
Business Property Relief changes – mitigating the impact on owner-managed brokers
In the first of a three-part series focused on the fallout from the 2024 Labour Budget, Stephen Kenny, head of private client at PKF Littlejohn, outlines the changes to Business Property Relief and how broker-owners should consider responding.
Liiba seeks to quantify London brokers value to global economy
A trade body has launched a project to quantify the monetary value of London’s brokers to the global economy.
Economic Secretary Emma Reynolds supports calls for proportionate regulation
At the British Insurance Brokers’ Association manifesto launch Economic Secretary to the Treasury Emma Reynolds stated regulation “must be proportionate”.
MarshBerry: Labour CGT change sees 2024 hit deal record after 41 buys in Q4
The final three months of 2024 saw the second highest number of quarterly broker deals, according to the latest M&A market update from MarshBerry.