The British Insurance Brokers' Association (BIBA) is the UK 's leading general insurance organisation representing the interests of insurance brokers, intermediaries and their customers. BIBA membership includes 1,700 regulated firms. BIBA brokers handle around half the value of all UK home, contents, motor, travel, commercial and industrial insurance policies. Insurance brokers make a direct and indirect contribution of 1% to UK GDP.
BIBA is the voice of the industry advising members, the regulators, consumer bodies and other stakeholders on key insurance issues. BIBA provides unique schemes and facilities, technical advice, guidance on regulation and business support and is helping to raise, and maintain, industry standards.
BIBA 2018 Hackathon gets underway
At its annual conference in Manchester on 16 May 2018, the British Insurance Brokers’ Association (BIBA) gets its Hackathon underway.
The Hackathon, will run throughout the first day of BIBA2018 and will be reported on by conference host, Natasha Kaplinsky.
Eight teams made up from insurers, brokers, data and tech firms will vie with one another to find solutions to key issues affecting insurance brokers and their customers. The challenges include: gaining a single, data rich view of a customer; client focused claims progress communications; under-insurance; and a means of easily understanding how tech can aid a broker’s business.
BIBA’s Head of Public Affairs and innovation lead, Andy Thornley said: “This is a great opportunity for brokers to see how technology can really help solve some of today’s meaty issues for them and their customers. The teams are deliberately mixed and will all share the knowledge brought by roving experts in the fields of the law, data, compliance and insurance. We’re delighted to have had such great support and excited to see the outcomes.
“I really hope that brokers will see all of the exiting developments with technology and appreciate how it can make their business more efficient and profitable.”
Condensed into only six hours the hack will finish at 14.30 and each of the teams will present a panel of judges who will select the winning solution. The winning team will be presented by Martha Lane-Fox on the main stage of BIBA’s conference on 17 May.
More information about the challenges, the teams and the judges can be found at https://www.biba2018.co.uk/hackathon/
Follow progress on twitter via #biba2018.
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