BIBA worked with the Chartered Insurance Institute (CII), the ABI and Aon on attracting talented young people to insurance broking. One of the results has been the creation of a general insurance apprentice standard, where apprentices can earn while they learn.
New apprenticeship standards across the whole insurance industry will help to provide a structure to enable more insurance broking firms to take on apprentices and mould them into employees. The standards, which have been approved by the Department for Business, Innovation and Skills, will help the industry achieve its target in the Government’s Insurance Growth Action Plan, to double the number of technical apprentices in the insurance industry by 2018. Apprentices can study towards the CII Certificate and Diploma in Insurance and by the end of their apprenticeship they will have demonstrated skills and behaviours highlighted by employers as required.
Maintaining Standards Through Education
Part of maintaining high professional standards is bringing on new talent through apprenticeships and other programmes.
Sign up to our database, enter the Young Broker of the Year Award and attend young broker events.
Find out more on the Young Broker page
BIBA calls on Government to work with the insurance sector to ensure the smooth implementation of a workable apprenticeship levy.
BIBA members have many specialisms and can often help in placing cover for those that fall outside of what is considered a ‘standard risk’.
BIBA helps more than a 250,000 consumers Find a Broker every year and can be found at biba.org.uk, or by calling 0370 950 1790.
A guide for employers explaining the government’s new apprenticeship trailblazers. These employer-led groups will be responsible for creating new apprenticeship standards in insurance and financial services. Employers of all sizes are encouraged to get involved where possible.
An online training and competency programme developed jointly with the Chartered Insurance Institute (CII) and BIBA. Through broker specific assessments, broker ASSESS provides an objective measure of employees’ knowledge and understanding. It helps to identify gaps for learning purposes so that compliance with training and competence requirements can be continuously reviewed and maintained. The system also provides the learning material to meet these learning needs. A free 14 day trial is available by contacting BIBA’s membership department.
Whatever type of insurance you need to find, BIBA can connect you with a broker who can help. Please use the search below or call our Find a Broker Service on 0370 950 1790.