For immediate release: 23 February 2009

The British Insurance Brokers’ Association’s Peter Staddon has been appointed to the Board and the Grants Committee of The Insurance Charities, which gives financial and practical support to past and present employees of the insurance industry, and their dependent relatives.  Peter joined the Grants Committee for his first meeting on 12 February and his appointment will give him involvement in the allocation of charitable funds, the strategic direction of the charity and acting as guardian of the Charity’s assets.

Peter Staddon, BIBA Head of Technical Services, commented:
“I am delighted to take on this very important role at a time when the charity is most likely to make a positive financial impact on the lives of those from our industry. I look forward to using my industry knowledge to contribute to this worthy cause and challenging the industry to provide greater financial support during these tough economic times.”

Annali- Joy Thornicroft, Chief Executive of the Insurance Charities, said: “Peter’s experience and knowledge in the industry will greatly benefit the charity and we look forward to working with him in the coming months.”

Ends

Notes to editors

1. For further information please contact:

BIBA press office:
Leighann Burtrand, Communications Manager
020 7397 0223
burtrandl@biba.org.uk

2. About British Insurance Brokers' Association

The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance organisation representing the interests of insurance brokers, intermediaries and their customers.

BIBA represents 2,400 insurance brokers and intermediaries, including 1,700 FSA authorised firms. Insurance brokers and intermediaries distribute nearly two-thirds of all UK general insurance. In 2007, insurance brokers and intermediaries generated £1.5 billion of invisible earnings and they introduce £22 billion of premium income into London’s insurance market each year.

BIBA is the voice of the industry, advising members, the regulators, the Government, consumer bodies and other stakeholders on key insurance issues.  BIBA provides unique schemes and facilities, technical advice, guidance on regulation and business support and is helping to raise, and maintain, industry standards. BIBA works closely with the Chartered Insurance Institute to provide training to those working in the industry and actively participates in helping the industry and its customers deal with some of the major issues of the day.

BIBA members provide professional advice to businesses and consumers, playing a key role in identification, measurement, management, control and transfer of risk.  They negotiate appropriate insurance protection tailored to individual needs and operate to a very high standard of customer service with the aim of ensuring peace of mind, security, financial protection and the professional advice required.

To find your nearest BIBA broker visit the ‘Find A Broker' section of the BIBA website, www.biba.org.uk or call BIBA’s consumer helpline on 0870 950 1790