Welcome to our blog where we bring you insightful articles, engaging publications and exciting perspectives.
BIBA calls on Government to support brokers, businesses and consumers in Autumn Budget
In its submission to the Treasury ahead of the Autumn Budget, the British Insurance Brokers’ Association (BIBA) has called for the new Government to cut the headline rate of IPT from 12% to 10%, exempt IPT on the insurance of multi-occupancy residential buildings which still require or are undergoing cladding remediation, and exempt IPT on […]
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Millions of Potential Cyber Insurance Customers Already Compromised, New Data Reveals, as Cyber Distribution Gap WidensDynaRisk launches intelligence capability that shows prospective distributors exactly how many of their customers are already at risk, turning cyber from a hard sell into an obvious priority
The UK mid-market—defined by CNA Hardy as companies with 10 to 250 employees and annual turnover between £10 million and £300 million—may represent just 2% of all UK firms, but it delivers over a third of national revenue. For CNA Hardy, this isn’t just an opportunity—it’s a strategic imperative.
As escape of water claims rise, brokers can mitigate SME risks
As demand for rental property in the UK continues to escalate, owning residential and commercial properties can be an appealing investment for your clients. But problems may arise – and something as simple as a frozen pipe or a broken seal on a washing machine can
Are Law Firms Talking to Clients about what Really Matters?
In a rapidly evolving legal sector, the conversations that law firms have with their clients have the power to mitigate business risk and build stronger relationships. However, a recent global survey of the legal sector by LexisNexis, global provider of legal and regulatory intelligence, found significant misalignment in the perceptions of law firms and their clients when it comes to a range of topics impacting business.
Welcome everyone. Thank you for joining us here in Manchester this morning. I am thrilled to be here, making my first conference speech since becoming BIBA Chair. It’s an incredible privilege to occupy this role, working on behalf of a sector that places over £150 Billion in premium… and employs 132,000 people. I’ve enjoyed meeting […]
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BIBA and QuestGates help brokers guide customers with valuations
The British Insurance Brokers’ Association (BIBA) and loss adjuster QuestGates have published a guide to valuations for BIBA’s insurance broker members to use with their customers. This new guide is the second of the year that BIBA has launched to help tackle the problem of underinsurance. The Association made a commitment in its 2022 Manifesto […]
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New research commissioned by the British Insurance Brokers’ Association (BIBA), and undertaken by London Economics, reveals that regulation costs amount to 5.2% of insurance premiums collected. This breaks down as 3.3% for insurance brokers, and 1.9% for insurers, with costs being higher for brokers despite their lower systemic risk. London Economics analysed both the direct […]
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Insurance industry launches ‘Total Signposting’ initiative to improve access for consumers
The British Insurance Brokers’ Association (BIBA) and the ABI have launched a new voluntary industry-wide Total Signposting Commitment. It aims to make it easier for retail customers to find suitable insurance, and improve financial resilience. The commitment follows the Government’s Financial Inclusion Strategy which identified total signposting as an intervention which can help tackle barriers […]
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In this issue of The Voice, we bring together the latest insights and developments from across the MGA community, highlighting the conversations, expertise and initiatives shaping the market.
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