Liiba acheives 98% market affiliation
London and International Insurance Brokers' Association (LIIBA) has announced that more than 120 firms have joined the association following its formation at the end of last year to represent brokers in the London insurance market. Between them these members represent 98% of the London-based international broker sector, a figure that it claims could increase still further in the coming weeks.
"This is as a good a result as we could have expected. We are delighted by the show of support, which gives us a renewed mandate to represent international brokers based in London," said chief executive David Hough. "Just as we hoped, it has enabled us to sharpen our focus on our sector of the insurance market."
The LIIBA came into being after members of the London Market Brokers' Committee (LMBC) voted unanimously to set up a new and independent body. The LMBC had previously been part of the
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