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Insurance premiums increase by 4.8%
- 26/10/2015
- Posted by: Simon Wait
- Category: News
Car insurance premiums have risen by 4.8% in the third quarter of 2015, according to the latest AA British Insurance Premium Index. The AA has said that the average ‘shop around’ quote for car insurance had risen to £569, an increase of £26 over the three months ending 30 September, and the second successive [...] -
Increase in telematics policies
- 22/05/2015
- Posted by: Simon Wait
- Category: News
Newly released research by the British insurance Brokers’ Association (BIBA) shows a nine per cent increase in the number of live ‘black box’ telematics motor insurance policies. These types of policies can offer savings of up to 25% for careful drivers. In particular, young drivers who often struggle to find [...] -
SMEs work a 15 month year
- 30/03/2015
- Posted by: Alan Feldberg
- Category: News
Research carried out for the British Insurance Brokers’ Association (BIBA) has revealed that leaders of SMEs with between 10–249 staff work the equivalent of an extra three months in a year based on a 40 hour working week. This equates to an extra 10 hours a week on average and can increase to 13.4 hours a week [...] -
BIBA welcomes CMA extension
- 19/03/2015
- Posted by: Alan Feldberg
- Category: News
The British Insurance Brokers’ Association (BIBA) has welcomed the news that the Competition and Markets Authority (CMA) has extended the deadline for the implementation of the protected no claims bonus information remedy until the 1 August 2016. The move follows intense lobbying from BIBA and overwhelming [...] -
Insurance industry launches apprenticeship framework
- 13/03/2015
- Posted by: Alan Feldberg
- Category: News
Major players within the insurance industry have launched a new government-backed framework for apprenticeships. They claim the insurance apprenticeship framework will ensure that apprentices develop valuable professional skills that are consistent across the industry and meet the needs of business. The [...]