The insurance industry has never been more competitive, and it’s changing faster than ever. So who better to take on the challenge of highlighting the opportunities and guiding you past the potential obstacles than BIBA, the broking industry’s voice of authority.
Being a not for profit organisation, we always put the needs and aspirations of our members first. BIBA’s board is entirely consisted of practicing brokers and intermediaries both large and small who ensure that the Association is run entirely for the benefit of its membership. Here are some of the benefits of becoming a BIBA member:
BIBA maintains high-level links with the government, the ABI, the major insurers and all senior organisations in the financial sector. In partnership with leading bodies, and to the benefit of all brokers and intermediaries, BIBA continues to work closely with the FCA to help ensure a fair, equitable and workable regulatory regime for the broking industry.
Click here to see the latest regulation updates.
BIBA’s technical services department helps members with a wide range of queries, including advice on technical matters and dispute resolution. Our regional forums and other initiatives provide members with the opportunity to gather valuable information and exchange views.
Click here to see the latest technical updates.
BIBA offers members a range of compliance support including a helpdesk for telephone and email enquiries , regular online updates on regulatory matters, Compliance Rules (BIBA’s quarterly compliance newsletter), access to the BIBA Compliance Manual and the BIBA Compliance Initiative.
An online training and competency program developed jointly with the Chartered Insurance Institute (CII) and BIBA. Through broker specific assessments, broker ASSESS provides an objective measure of employees’ knowledge and understanding. It helps to identify gaps for learning purposes so that compliance with Training and Competence requirements can be continuously reviewed and maintained. The system also provides the learning material to meet these learning needs.
BIBA works closely with the Chartered Insurance Institute (CII) to provide training, via the Broker Academy , at competitive prices to those working in the industry. Each year we strive to improve upon each programme bringing you further courses in technical, business, managerial and sales / marketing skills subjects.
Click here to visit our training section.
BIBA has a range of around 30 exclusive schemes and facilities available only to members ranging from an award-winning travel scheme to a bespoke members’ P.I. insurance scheme.
Please take a few moments to look at the schemes section of our website by clicking here to see how accessing to these facilities could enhance your business.
The BIBA Manifesto has been created following wide consultation with our members, regions and committees, and summarises the key representation issues of the association for 2016, more detailed information is included on the following page.
BIBA provides its membership with the latest information and advice on the widest range of topical insurance subjects. The member’s only section of our website (password protected) currently has member bulletins on all relevant insurance subjects or topics. The Broker BIBA’s magazine keeps members informed of facilities, services and news. We also publish an annual Members’ Handbook, as well as distributing a constant stream of press releases.
Click here to visit our Latest section.
Being a strongly democratic organisation, BIBA is proud of its 13 regional committees UK-wide. Each committee provides a focal point for issues of the day and gives members the chance to network with other professionals in their own area.
You can take a tour of the regional section of our website by clicking here.
Our annual conference is recognised as the networking event of the year and attracts over 3,000 attendees. Registration is free for all BIBA members. Click here for an update on this year’s conference.
BIBA and Thomson Local have been working together in the successful promotion of BIBA members. BIBA has agreed on behalf of our members a corporate advertising scheme that will provide BIBA members with the opportunity to promote their business at a significantly reduced cost.
This advertising scheme provides BIBA members with the opportunity to promote their business in an advert endorsed by BIBA with artwork provided by BIBA which provides a cost effective way to promote your business in comparison to advertising independently.
Research provided by Thomson Local has identified that:
94% of directory users say they are more likely to contact a company that is a member of a trade body or association. 82% of directory users say that an advert that showed a business is a member of a trade association is more trustworthy
As a BIBA member Corporate Advertising provides a cost effective way to promote your business in comparison to advertising independently:
Based on a BIBA standard Corporate Advert with 2 lines of text vs. a Quarter Column Display Advert the discount is approximately 52%.
Many members are already benefiting from a reduction in the cost of advertising in the Thomson directory for further information please contact the BIBA member line on 0844 77 00 266 or Thomson Local on 0800 037 0858 or email firstname.lastname@example.org
More than 250,000 People helped by BIBA to Find a Broker every year.
As the UK’s leading broker and intermediary organisation, BIBA is uniquely positioned to provide members with briefings and advice on all aspects of the insurance industry. Equally important is the practical, business-building support which BIBA ‘s whole range of services provides.
Our exclusive schemes and business services alone are worth the cost of membership. The combination of leadership, expertise and business support means that membership of BIBA is one of the most important decisions you’ll make this year and also one of the most cost effective.
Subscription rates are for a full calendar year. If you join after 1st January, your subscription is calculated on a monthly pro rata basis. For the purposes of calculating the subscription, the number of staff is the total number of principals and employees involved in general insurance broking activities and in administration of each member firm in the group. Part time principals/staff are counted as one half and the final count is rounded upwards. Non-executive directors and partners are included in the count.
|Band||No.of Staff||Cheque (£) 2016|
|Band 6||100+||On Application|
Members can pay their subscription by BACS, Cheque, credit card, BIBA’s own interest free direct debit facility click here to access direct debit mandate or contact directly one of a number of finance houses available in the market in order to arrange funding for their membership fees.
These are just some of the benefits of BIBA membership. If you would like any further information about the products and services BIBA provides to members, please contact: