British Insurance Brokers' Association
What is the British Insurance Brokers' Association?
Griffiths & Armour has been a member of the British Insurance Brokers’ Association (BIBA) since 2006.
BIBA is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their clients. It is the voice of the sector, advising members, Government, regulators, consumer bodies and other stakeholders on key insurance issues.
How does Griffiths & Armour work with BIBA?
We proactively work with BIBA to support their efforts, with a number of our team participating in key forum:
Carl Evans, Griffiths & Armour Group Chief Executive for Professional Risks, sits on the BIBA Board and is the current Chair of the BIBA Larger Brokers’ Advisory Board; Matt MacLaren participates in the Insurance Brokers Standards Committee; and Craig Roberts sits on the Liability and Accident Committee, providing insight on professional indemnity insurance matters
This activity assists BIBA’s efforts to maintain a stable insurance market environment which enables our team to continually deliver first class insurance solutions for our clients. Our work with BIBA helps to sustain an insurance industry which acts in the clients’ best interests.
Griffiths & Armour has been a BIBA Accredited PI Provider since 2013, and we are pleased to provide a wide range of benefits for BIBA members, including:
- Broad and secure policy coverage
- A dedicated in-house claims team providing real support when needed most
- Risk management guidance helping to minimise the likelihood of problems arising
- Seminars and webinars on a range of topics to aid industry awareness of risk trends
At Griffiths & Armour we make decisions and recommendations which are based on a clear understanding of needs, priorities, concerns and circumstances, and we act in the best interests of each client. Always.
BIBA's Code of Conduct
BIBA’s Code of Conduct for members has four principles:
- Abide by all relevant laws, principles and regulations. Understanding and ensuring members comply with regulatory principles and work within the law.
- Act with integrity and honesty. Members should conduct themselves in a fair, reliable, trustworthy and respectful manner with all their stakeholders.
- Act in the best interests of each client. Members have a duty to act in a manner which pays due regard to the best interests of each client and ensure decisions and recommendations are based on a clear understanding of their needs, priorities, concerns and circumstances.
- Act with skill, care and diligence. Members act at all times with high levels of skill, care and diligence.
BIBA's mission statament
To represent and protect the best interests of their insurance broker and intermediary members and their customers.
BIBA strives to achieve this by:
- Promoting the services and the value of members’ contribution to the protection of our futures with advice, guidance, access to risk management and insurance solutions and by influencing the relevant decision makers and policy writers that affect our sector.
- Maintaining and developing a stable business environment in which their members operate by keeping them informed of relevant issues, providing a forum for discussion and the exchange of non-competitive information.
- Supporting members both collectively and individually through a series of facilities and support services.
- By promoting, influencing, maintaining and supporting their members, they aim to help create an environment where members can deliver first class insurance solutions for their customers.
