BIBA highlights brokers' difficulties to government

biba-bis

The British Insurance Brokers’ Association (BIBA) has highlighted the challenges and pressures of small brokers to government representatives.

BIBA has facilitated visits to two member brokers so that the Department for Business, Innovation and Skills (BIS) has a better understanding of brokers' needs.

It hopes that these requirements can be represented when future policy and regulations are shaped.

The BIS is looking to understand the pressures and concerns of day to day business and other issues faced by brokers.

And the department is interested in how it can support business and has specifically focused upon the impact of regulation and whether it is viewed as a burden or as protection.

In addition it has looked at how regulation might be reduced but its effectiveness maintained.

Also it is interested in any future and succession plans that brokers have.

Peter Staddon, head of technical services at BIBA, said: "We are pleased to have built up a positive relationship with BIS and this visit will allow them to understand and consider members' needs when they are shaping future policy.

"There will be big changes ahead and the more understanding of members that the government and its departments have, the better."

 

Visitor Comment

Add your comment

  

Add your comment

We won't publish your address
Submit your comment
Follow us now

For all the latest news and views from COVER

Follow us now

Advertisment

Email alert

Register for the COVER newsletter today

Stay up to date with all the latest news, product development and changes happening within the protection and health insurance market.

Print Edition

covermay13frontcover

Cover - everything you need to know about the protection and health insurance market

All of the latest news and features on all aspects of the protection and health insurance market are available from our print edition.

REQUEST A PRINT SUBSCRIPTION

IFAonline Jobs

IFAonlinejobs will open the right investment career path for you. Search hundreds of vacancies now.

Advertisment

Events

iml2198-cover-ph-for-c707d

Cover Protection and Health Forum 2013

03 Oct 2013-

Victoria Park Plaza, London

iml2198-cea2013-logo-rgb

Cover Excellence Awards

03 Oct 2013-

Victoria Park Plaza London

coverbb-logo2

Cover Breakfast Briefing: Group Risk

21 May 2013-

Incisive Studios 32-34 Broadwick Street, London, W1F 8JB

MORE EVENTS