Skip to content
31 January 2015
The British Insurance Brokers’ Association (BIBA) continues to lobby the UK government to expedite a review of the Financial Services Compensation Scheme (FSCS) after the mis-selling of credit insurance led to a 50-fold increase in broker levies to the scheme.
BIBA made the call in the broker group’s submission to the Chancellor ahead of the UK budget, with CEO Eric Galbraith describing the funding of the FSCS as “fundamentally flawed”, and says the review is needed “to ensure that general insurance brokers are not paying for the mistakes of others”.
BIBA is also lobbying for an end to “inappropriate, disproportionate and costly regulation which impacts both the general insurance broker and their customer” when broker regulation switches from the Financial Services Authority to the newly created Financial Conduct Authority next year.
Mr Galbraith says that the change of regulator offers an opportunity to “recognise the difference between banks, insurers, and general insurance brokers”.
BIBA also asked Government to freeze insurance premium tax at the current level of 6% to avoid “additional insurance costs for customers at a time when income and business margins are tight”.
30 January 2015
In this newly created Brisbane-based role, you will provide technical leadership to the underwriting team in Queensland to ensure team targets are achieved and profits optimised by utilising your highly developed analytical skills.
22 January 2015
Use your motor claims knowledge and experience to make an immediate impact in this critical role with Australia's number 1 truck insurer.
22 January 2015
A high-profile insurance role located in Sydney for a suitably qualified General Manager.
15 January 2015
Well-established and respected general insurance practice is currently looking for a Broker Assistant to join our successful, growing team.
9 January 2015
Exceptional opportunity for an experienced legal expert to join the team at Ace Insurance as our General Counsel. Great Sydney CBD location.
5 January 2015
Authorised Representative | Commercial Team | Parramatta or CBD Sydney | $120k + super (guaranteed in your first year)