british insurance brokers association
Skip this Video
Download Presentation
British Insurance Brokers’ Association

Loading in 2 Seconds...

play fullscreen
1 / 16

British Insurance Brokers’ Association - PowerPoint PPT Presentation

  • Uploaded on

British Insurance Brokers’ Association. BIBA Presentation. Who is BIBA?. UK’s leading general insurance intermediary organisation. Not for profit. Represents brokers/intermediaries. BIBA’s mission statement:. Promoting – Our Distribution channel and industry

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
Download Presentation

PowerPoint Slideshow about ' British Insurance Brokers’ Association' - anneke

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
british insurance brokers association

British Insurance Brokers’ Association

BIBA Presentation


Who is BIBA?

UK’s leading general insurance intermediary organisation.

Not for profit.

Represents brokers/intermediaries

biba s mission statement

BIBA’s mission statement:

Promoting – Our Distribution channel and industry

Influence – Decision Makers

Maintaining – A Stable Business Environment (FSCS)

Supporting – Protecting Members Interests


What does BIBA do?

BIBA is the voice of the industry

Representing members to Government, the Regulator, media, consumer bodies and other stakeholders.

Offers training via the Broker Academy (including face2face and broker ASSESS)

Unique schemes and facilities

Technical advice

Guidance on regulation

Helping to raise industry standards


democratic organisation biba members input gibc board regional committees technical committees

BIBA’s structure

Democratic organisation / BIBA members input


Regional committees

Technical committees

representation corporate affairs
Representation - Corporate Affairs
  • Agent of the client (differentiate our distribution channel)
  • Build relations of trust (Government, regulator, Which?, CBI, Media)
  • Aim to influence Bills, Regulations, Media, Public understanding of brokers
  • Consultations

BIBA Manifesto

  • Engaging BIBA members and committees in policy making process
  • Helping to clarify BIBA’s key messages
  • Bringing a focus to key priorities
  • Providing a valuable platform for political and media engagement
  • Target Lists – Gov/regulator/Media

Example of an award winning sustained campaign

Aim – Regulation of Travel Agents for connected Travel Insurance to create level playing field



Current Campaigns:

  • Future of regulation
  • FSCS Review
  • Signposting
  • Review of the IMD
  • Law commission review of Insurance Law
  • Motor insurance (select committee, NI Guide, DVLA Access)
  • Flooding (Government working parties and resilient repair)

Government Activity

HM Treasury – Regular liaison, Bill team, Signposting, Floods, Gender, Insurance Forum Consumer Group

DEFRA/Environment Agency – Flood

Cabinet Office – Business resilience (SME’s)

Department for Transport/DVLA, Transport Select Committee, licence access, CIE, e-certs.

All Party Insurance Group – Parliamentary reception, Flood, FSCS, regulation.

BIS – BrokersOFT – Comparison Sites


Regulatory Support

  • Forums
  • Website
  • Compliance Rules
  • Financial Conduct Authority
  • Financial Services Compensation Scheme
  • Insurance Mediation Directive
  • Financial Ombudsman Service (FOS)
  • European Federation of Insurance intermediaries (BIPAR)
  • Website
  • Broker Magazine
  • Media
  • Guardian Supplement
  • Mail on Sunday / Ask the Expert
  • Case Studies
  • Research (Benefits of Brokers, Advice, suitable Insurance)
  • Social Media; Twitter, Linkedin, YouTube




  • Benefits
  • broker ASSESS
  • Find a Broker online/helpline
  • Member Contacts
  • Don’t just join, join in!


  • Schemes/Facilities
  • Committees
  • Advice
  • Technical Briefings
  • Industry Agreements
  • PI Initiative

Annual Conference

  • Networking event of the Year
  • Attendance records from 2011:- 4152 Attendees

- 174 Exhibitors

- 2526 Brokers

  • Free to all BIBA member firmsDate for Diary; 16th & 17th May 2012 - Manchester Central