BIBA response to Department of Finance and Personnel Consultation Paper CP 02/08

BIBA response to Department of Finance and Personnel Consultation Paper CP 02/08
The British Insurance Brokers Association (BIBA) is the UK’s leading general insurance intermediary organisation. We represent the interests of insurance brokers, intermediaries and their customers.
BIBA represents 2,300 insurance intermediaries including 98 of the UK’s top 100 insurance intermediaries. Our members handle about half by […]

BIBA comment - ABI report on Age and insurance

BIBA comment - ABI report on Age and insurance
Following the launch of the Association of British Insurers’ (ABI) report: Age and Insurance: Helping older customers find the cover they need, please find below a comment from BIBA.
Graeme Trudgill, BIBA Technical and Corporate Affairs Executive, said:
“The ABI’s report recognises that older consumers do not always know […]

BIBA comment on PPI

BIBA comment on PPI
Commenting on the Financial Services Authority’s request to all firms still selling single premium Payment Protection Insurance with unsecured personal loans to withdraw the product, BIBA Chief Executive Eric Galbraith, said:
“We fully support and welcome the FSA’s move to withdraw the sale of single premium payment protection insurance (PPI) with unsecured loans. […]

Peter Staddon Appointed to Board of The Insurance Charities

Peter Staddon Appointed to Board of The Insurance Charities
The British Insurance Brokers’ Association’s Peter Staddon has been appointed to the Board and the Grants Committee of The Insurance Charities, which gives financial and practical support to past and present employees of the insurance industry, and their dependent relatives. Peter joined the Grants Committee for […]

egulation of Comparison Sites

egulation of Comparison Sites
For Immediate release – Monday 23 February 2009
Commenting on the announcement that the Comparison Consortium will work with ABI to agree a new industry code of practice for price comparison websites, BIBA Chief Executive, Eric Galbraith, said:
“I am not convinced that customers are being treated fairly by some of the comparison websites. […]

BIBA Alarmed by FSA Fee and Levy Proposals

BIBA Alarmed by FSA Fee and Levy Proposals
The British Insurance Brokers’ Association (BIBA) has voiced its concerns over the proposals contained in the FSA’s Consultation Paper CP09/7.
Eric Galbraith, BIBA’s Chief Executive said: “Whilst we appreciate that the FSA has an ever-growing workload and that the fees for 10,000 small firms have been frozen, we are […]

BIBA Journalist of the Year Awards 2009

BIBA Journalist of the Year Awards 2009
The British Insurance Brokers’ Association (BIBA) invites you to enter its prestigious annual Journalist of the Year Awards 2009.
Open to journalists who have written or broadcast on general insurance subjects in the last year, these awards aim to recognise the important contribution that journalists make in promoting a better […]

Vital new insurance enforcement scheme must be implemented to save lives

Vital new insurance enforcement scheme must be implemented to save lives
The British Insurance Brokers’ Association (BIBA) has today welcomed the launch of a consultation by the Department for Transport (DfT) into a new scheme of Continuous Insurance Enforcement (CIE) of statutory motor insurance. The new measures should see the DVLA vehicle keeper database and the […]

Payment Protection Insurance comment from BIBA

Payment Protection Insurance comment from BIBA
Commenting on today’s announcement that the Alliance & Leicester, Barclays, The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS/Natwest will stop selling single premium Payment Protection Insurance (PPI) with unsecured personal loans, BIBA Head of Technical Services Peter Staddon, commented:
“This is a valuable […]

www.biba.org.uk - Insurance Brokers to promote affordable, accessible insurance during recession

Insurance Brokers to promote affordable, accessible insurance during recession
BIBA launches 2009 Manifesto warning against incorrectly reducing insurance cover during an economic downturn
The British Insurance Brokers’ Association (BIBA) has launched its 2009 Manifesto emphasising the importance of insurance cover for UK businesses as the recession bites.
BIBA is concerned that budgetary pressures could result in firms reducing […]