Products: Biba appoints Jackson Lee for GAP insurance scheme
The British Insurance Brokers’ Association (Biba) has appointed Jackson Lee Underwriting as the exclusive provider of its new GAP insurance scheme.
The trade body said that the scheme, underwritten by Tokio Marine Europe, included a wide range of GAP Insurance products – comparative to those available in the automotive dealer market – along with unique exclusive products.
All products can be administered via an on-line system for quotations and policy fulfilment. Biba listed the features and benefits as including 40% commission, inclusion of £250 excess payable in the event of a claim and full training being available for brokers’ staff.
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