BIBA 2011 manifesto focuses on regulation

The manifesto highlights three key lobbying themes: Helping customers, regulation and consumer protection and driving change in the insurance industry.  

Eric Galbraith, BIBA Chief Executive, said:

“The big challenge for 2011 is to positively influence the coming regulatory changes that will affect insurance brokers, with development of the new Consumer Protection and Markets Authority (CPMA) and the revision of the Insurance Mediation Directive (IMD) in Europe. The manifesto will provide us with the opportunity to engage relevant stakeholders and ensure that we are at the heart of representing brokers.”

Graeme Trudgill, BIBA Head of Corporate Affairs, added:

“The manifesto sets our lobbying agenda for the year ahead. It will also enable us to promote the benefits of brokers and raise important member issues with the government and the regulator. We are delighted by the feedback that we received from members whilst collating the manifesto and we are now looking forward to moving these issues forward.”

The 2011 manifesto will be distributed to all political stakeholders who are influential on the issues affecting insurance brokers.  It will be used to outline BIBA’s lobbying position to protect and promote BIBA’s members on the key issues affecting them.

The 2011 manifesto was formed following consultation with BIBA members and BIBA committees to ensure that BIBA is representing its members on the issues most important to them.