Skip to content
26 April 2017
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”.
18 April 2017
The successful applicant will be responsible for all ANZ Claims (ie direct) related strategic procurement for bodily injury (ie providers of services relating to health, recovery and injury management) and investigations (ie providers of investigative services).
11 April 2017
Westlawn Insurance Brokers is an established and respected local company with nine branches across Northern NSW. We are looking for an Insurance professional with drive and commitment to join our Lismore team.
11 April 2017
With responsibility for Professional Liability across both Australia and New Zealand, this role will require delivery on product strategy, profitability, growth and efficiency.