Biba protects holidaymakers from online travel providers going bust
Trade body links up with Tokio Marine for new travel protection scheme
As part of a wider shake-up of its travel offerings, the British Insurance Brokers' Association (Biba) has written a new scheme to protect against financial failure when booking holidays online.
Written in partnership with Tokio Marine, the scheme covers travellers against the risk of online holiday providers going into liquidation.
Peter Staddon, head of technical services at Biba, said: "This is a real issue. The traditional route of the travel agent provides protection but a lot of people in
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