BIBA

8th Floor John Stow House 18 Bevis Marks London EC3A 7JB
0844 77 00 266
https://www.biba.org.uk/
  • About BIBA

    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 comment on the Autonomous and Electric Vehicle Bill

BIBA-comment-on-the-autonomous-and-electric-vehicle-bill

Commenting on the day that the Autonomous and Electric Vehicle Bill gained Royal Assent, Graeme Trudgill, Executive Director at BIBA said:

“We’re pleased that the Bill has now been enacted. This legislation will enable the insurance industry to offer insurance policies that will provide cover for autonomous vehicles – whether being driven in a manual mode, or in a fully automated mode once the technology allows. Importantly this will lead to healthy competition in the insurance market as consumers will have the choice of where they buy their insurance and will not be tied to only having cover provided by their vehicle manufacturer.”

“It’s important that we are prepared well in advance of fully automated vehicles hitting the road and we welcome the opportunity that the Department for Transport has given to BIBA in being able to shape the legislation at an early stage.”

In its 2018 Manifesto BIBA had called for the relevant Bill to ensure competition provided choice in the purchase of motor insurance.

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BIBA says 'Act now to stop Insurance Premium Tax threat'

The British Insurance Brokers' Association has launched a campaign ahead of the 2018 Autumn Budget urging the Government not to increase Insurance Premium Tax.  click here for more