BIBA Makes EU Exit Calls to Protect UK Insurance Brokers, GBP7.8Bn of Business
The calls are also made in BIBA's 2017 Manifesto which was launched in the Houses of
BIBA points out that 2,758 insurance brokers possess passports to trade in the EU, trading Pounds7.8Bn of premium on behalf of EU customers.
BIBA's Chairman,
In addition, BIBA's remaining EU exit calls include solutions for the use of green cards for motor insurance, the use of the European Health Insurance Card (EHIC) connected with travel insurance as well as changes to the motor insurance market following the VNUK case.
About the
BIBA membership includes just under 2,000 regulated firms, employing more than 100,000 staff. General insurance brokers contribute 1% of GDP to the
BIBA helps more than 250,000 people a year to access insurance protection through its Find a Broker service, both online and via the telephone.
BIBA is the voice of the sector advising members, the regulators, consumer bodies and other stakeholders on key insurance issues.
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