This HomeApproved review of the British Insurance Brokers’ Association (BIBA) is designed to provide all visitors to our web site with a quick and informative online guide to the workings of this organisation. Telephone BIBA: Members only: 0844 77 00 266. Compliance Helpline: 0844 8011 888. Find a Broker line: 0870 950 1790.
BIBA is the UK’s leading general insurance organisation. They represent the interests of insurance brokers, intermediaries and customers, and have partner members from the leading companies in the insurance industry. Should you choose to talk to a BIBA member about your insurance needs, you will get a number of very important guarantees:
• Individually tailored impartial advice.
• Access to independent BIBA members.
• BIBA brokers have ‘first duty of care’ to you and not to any insurance company.
• Someone to complain to if things go wrong.
BIBA is the voice of the industry – advising members, the regulator, consumer bodies and other stakeholders on key insurance issues. In addition, the organisation provides training, unique schemes and facilities, technical advice, guidance on regulation and business support, and is helping to raise – and maintain – industry standards.
There is a great section on the BIBA website termed ‘insurance guides’. This section of the website is designed to help you understand the background to different types of insurance, and the factors to consider when making your insurance decisions. It is important that you understand and can make sense of the sometimes complicated language and terms that insurance companies seem so fond of, so look out for the useful ‘jargon buster’ section.
The organisation also publishes extremely useful information for motorists and those individuals looking for car insurance in a wider context. Their research on European Private Motor Insurance details their analysis prompted by questions from UK motorists wanting to take their car abroad. This report will assist drivers with issues regarding the sometimes complex area of European Motor Insurance.
British Insurance Brokers’ Association
14 Bevis Marks, London EC3A 7NT.
Consumer Help line: 0870 950 1790
Fax: 020 7626 9676
Website Address: www.biba.org.uk (copy and paste into your browser bar).