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BIBA has called for larger commercial customers to be removed from the scope of the Consumer Duty. BIBA set out its position in its response to the Financial Conduct Authority’s (FCA) discussion paper DP24/1 which sought industry feedback on its regulation of commercial and bespoke insurance business. BIBA believes that this approach will help reduce […]

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 […]

The British Insurance Brokers’ Association (BIBA) and the Managing General Agents’ Association (MGAA) have formalised their working relationship by becoming affiliates.   This formal association between the two organisations is a move to create even closer working ties in recognition that they are tackling similar market challenges. Upon taking the helm at BIBA last year, CEO […]

The British Insurance Brokers’ Association (BIBA) has named Scott McGee of Insurance Post as the 2024 BIBA Journalist of the Year at its annual Journalist & Media Awards. In their 42nd year, the association’s prestigious awards recognise the important role of the  media in increasing the understanding of insurance and insurance broking. Congratulating Scott, BIBA’s […]

The British Insurance Brokers’ Association (BIBA) has renewed its professional indemnity (PI) accredited broker agreement with Griffiths & Armour for a further three years. Griffiths & Armour has more than 90 years’ experience of providing cover to professions and has been a BIBA accredited provider since 2013. Matt MacLaren, Professional Risks Director at Griffiths & […]

Clive Myrie, BBC Broadcaster and BIBA Conference host, announced today at The BIBA Conference that the event will return to Manchester Central for the next two years. The BIBA Conference 2025 will take place on Wednesday 14 and Thursday 15 May and will be back in Manchester in 2026 on Wednesday 13 and Thursday 14 […]

The British Insurance Brokers’ Association (BIBA) has named Ethan Godlieb, Broker – Cyber and Tech E&O of Aon UK Ltd, as its young broker of the year 2024. The two runners-up from a field of exceptionally high quality were Bamishe Alao from Willis Towers Watson and Ana Gomes-Freire from Berkeley Insurance Group Limited. The award […]

The British Insurance Brokers’ Association (BIBA) has named David Perry, Chief Executive of FSB Insurance Service, as the winner of its 2024 Francis Perkins Award. Francis Perkins, the first Chair of BIBA, instigated the award to give recognition to members of the Association who give their time and energy to promote the causes of the […]

The British Insurance Brokers’ Association (BIBA) has launched a guide for members that arrange premium finance for customers. The new guide, launched today in BIBA CEO, Graeme Trudgill’s BIBA Conference address, aims to  help members demonstrate fair value in the provision of premium finance. There can be substantial benefits for both consumers and businesses in […]