British Insurance Brokers' Association (Biba)
Biba pushes back against FCA letter
The British Insurance Brokers’ Association has criticised the tone taken by the Financial Conduct Authority in its letter to brokers and promised to respond to the watchdog to defend the work done by the sector.
Biba welcomes FSCS fee cut
The British Insurance Brokers' Association has welcomed the Financial Services Compensation Scheme's decision to lower the broker levy from £68m to £5m for 2022/23.
Biba reveals 2023 conference dates
Huw Edwards, BBC Broadcaster and Biba Conference host, has confirmed that the trade body plans to return to Manchester Central next year for its conference and exhibition on Wednesday 10 and Thursday 11 May 2023.
Biba awards Francis Perkins and Young Broker trophies
Gallagher’s Wendy Hardman was awarded the Francis Perkins gong and Florence Dennis, of Partners&, took home the Young Broker of the Year prize.
FCA does not want to be a price regulator, says Sheldon Mills
Sheldon Mills, executive director – consumers and competition at the Financial Conduct Authority, has stressed to brokers that the watchdog does not want to be a price regulator.
Biba launches underinsurance guide
The British Insurance Brokers’ Association has launched a guide to support brokers in helping their customers avoid the risks associated with being underinsured.
Biba’s White attacks FSCS funding model
Biba CEO Steve White has insisted that brokers “must not be left paying over the odds for the failures of others”.
Biba urges FCA to step in as Lloyds moves to close undesignated client money accounts
The British Insurance Brokers’ Association has contacted the Financial Conduct Authority asking the regulator to intervene over Lloyds Bank’s move to close undesignated client money accounts for some members, Insurance Age can reveal.
Biba launches drone scheme
The British Insurance Brokers Association has teamed up with Coverdrone to offer its members access to drone insurance products.
Regulation round-up: An end to form over substance?
Biba’s David Sparkes considers recent developments at the Financial Conduct Authority
Biba joins GAIN as founding member
The British Insurance Brokers’ Association has joined the Group for Autism, Insurance and Diversity as its most recent founding member.
Biba extends electric vehicle GAP scheme
The British Insurance Brokers’ Association has approved an extension to its exclusive GAP scheme with Jackson Lee Underwriting to include the recently launched electric vehicle early termination cover.
Mason Owen Financial Services completes MBO from parent company
Commercial property agency Mason Owen & Partners has sold its majority shareholding in broking arm Mason Owen Financial Services and its subsidiary companies to the current management team led by managing director Andrew Gibbons.
Biba develops trade credit guide
The British Insurance Brokers’ Association has launched a new guide explaining the need for, and the benefits of, trade credit insurance.
Markerstudy rejoins Biba
The business stopped exhibiting at the trade association’s annual conference in 2017.
Biba develops flood product for SMEs
The body has worked with Mi Commercial Risks to extend its flood scheme.
Andy Burnham announced as Biba keynote
The mayor of Manchester was formerly a Labour MP and has also held a number of ministerial positions.
Industry pulls together to mitigate flood risk
The British Insurance Brokers’ Association, the Association of British Insurers, and Flood Re have launched a Flood Insurance Directory to help customers access flood cover.
Biba unveils 2022 conference agenda
The trade association revealed that delegates will hear from the FCA's executive director Sheldon Mills about the regulator's agenda, and the event will also feature broadcaster Andrew Marr plus Olympians Laura and Jason Kenny.
FSCS confirms broker as failed
The compensation body has updated on the status of former broking firm Perry Prowse and released details of 12 companies that have gone out of business.
Brokers urged to engage with Lords' Committee's insurance market regulation inquiry
Biba confirms it will be will be putting in a response to the consultation which closes on 11 February as compliance experts discuss whether the inquiry could have an effect on the regional broker market.
Regulation roundup: So much to do, so little time
David Sparkes, head of compliance and training at Biba, explains why 2022 will be a year where brokers must wrangle a number of sizeable regulatory beasts.
News analysis: Is it time for a regulatory rethink?
Regulation is stifling broker competition and innovation according to Biba, as regulators now face a House of Lords inquiry.
Biba focuses on ‘managing risk’ as manifesto theme
The trade body launched its manifesto and revealed UK brokers arrange £74bn of insurance per year.