The association’s manifesto for this year focuses on hot topic issues such as the regulatory environment, cyber uptake and the war for talentBroking trade body Biba yesterday (10 January 2024) launched its 2024 manifesto, entitled Managing risk for growth and economic security. In his manifesto welcome, Biba chief executive Graeme Trudgill said: ”Insurance broking is a flagship sector for the the UK economy, arranging £105.5bn of gross written premiums. Biba and its members are committed to improving access to insurance and supporting the economic security of customers.”Manifesto focusBiba has divided this year’s manifesto into three major sections, that tackle various issues and aims for the year. Also included in the manifesto are the results of research conducted by Aon into top risks facing UK companies, with cyber being revealed as the top challenge. Stats from the ABI, also included in the manifesto, noted that the UK broking sector had written £105.5bn in gross written premium across all lines of business in 2023 – and had arranged 94% of all commercial lines business.

Source: The Times January 11, 2024 13:07 UTC