Biba to increase fees by 2.5% for 2018
CEO Steve White said the fees go up each year to reflect inflation and increased costs such as the Litmus Test and software house resilience testing.
The British Insurance Brokers’ Association (Biba) is to increase the fees it charges to members by 2.5% in 2018, Insurance Age can reveal.
CEO Steve White confirmed that the fees would be going up next year and argued: “Our fees have an inflationary increase year-on-year and that’s what we have for next year.”
He added: “We have never increased the fees by more than 3% in any one year but like any business we have increased costs.”
White insisted that the organisation had done a lot to “add
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