The primary aim of a BIBA broker is to help consumers and businesses access suitable insurance protection.
BIBA has established successful working relationships with various organisations including the Money and Pensions Service and the Association of British Insurers (ABI) as well as with Government. This enables more people to access the important financial protection that they need for their homes, holidays, businesses and cars both when buying insurance and at renewal. BIBA and its members will also help customers to avoid the risk of underinsurance or no insurance.
In 2019 BIBA received 600,000 enquiries through our not-for-profit Find Insurance Service helping to direct customers to suitable BIBA brokers.
The voluntary agreement on age and insurance that BIBA has with Government and the ABI has seen our Find Insurance Service handle more than 555,000 enquiries from older people looking to find insurance since its introduction in 2012.
Insurance brokers can provide advice and access a wide range of insurance providers to help find solutions for all types of insurance needs, including the most difficult of risks.