The BIBA PI Initiative offers members help with Professional
Indemnity Insurance related risk and claims management.
BIBA has appointed three accredited brokers to provide access to PI cover which
meets the specific requirements of brokers at competitive rates. A team of PI experts
has additionally been appointed to provide members with specialist services including
risk management, claims mediation and legal assistance.
The BIBA PI Initiative will enable members to:
- Obtain optimum protection for its professional liability risks.
- Fully appreciate the risks associated with being an insurance Broker.
- Avoid breaches of regulation and claims of negligence.
- Access specialist support in notifying, managing and negotiating
complaints and claims.
- Benefit from an effective approach to liability risk management.
The BIBA PI Initiative has been created in response to feedback from our members
and following wide consultation with stakeholders including PI underwriters, brokers,
the FCA and the FOS. BIBA is committed to supporting its members in all aspects
of broker practice and compliance and welcomes your comments.
For enquiries please contact
Tel: 020 7397 0218
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