The British Insurance Brokers’ Association (BIBA) has renewed its Professional Indemnity (PI) accredited broker contract with Griffiths & Armour for a further three years.
Griffiths & Armour has more than 80 years’ experience of providing cover to professions and has been a BIBA accredited provider since 2013.
Matt MacLaren, Professional Risks Director at Griffiths & Armour said: “We are delighted to continue to offer support and cover to BIBA members as an accredited PI provider. Our BIBA PI scheme has a wide range of benefits for BIBA members including very broad and secure policy coverage, a dedicated in-house claims team to help manage the claim process smoothly, regular risk management guidance updates and numerous seminars and webinars available to our brokers. Our long-term quality approach has benefitted broker members with the highest levels of continued pandemic-cover available, along with a safe and supported journey through what is an extremely challenging PI market.”
Mike Hallam, Head of Technical Services at BIBA added: “It goes without saying that in the challenging market conditions that we are now experiencing in the PI market our members appreciate the support we can provide. Having Griffiths & Armour on board for a further three years is most welcome.”
As part of its suit of member benefits, BIBA has an ongoing PI initiative that offers members help with PI related risk and claims management. Information can be accessed by members via an online PI Hub where members can also reach out to BIBA accredited PI brokers.
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Notes to editors
- For further information please contact BIBA’s press office
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- About the British Insurance Brokers’ Association
The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their customers.
BIBA membership includes around 1800 regulated firms, employing more than 100,000 staff. General insurance brokers contribute 1% of GDP to the UK economy; they arrange 67% of all general insurance with a premium totalling £65.1bn and 81% of all commercial insurance business. Insurance brokers put their customers’ interests first, providing advice, access to suitable insurance protection and risk management.
BIBA receives hundreds of thousands of enquiries per year to its Find Insurance Services, online and via the telephone, which are directed to insurance broking firms.
BIBA is the voice of the sector advising members, Government, regulators, consumer bodies and other stakeholders on key insurance issues.
- About Griffiths & Armour
Griffiths & Armour was founded in 1934 and the Group has offices in Liverpool, London, Manchester and Dublin. It is a leading independent firm of insurance brokers and risk managers, with a long-standing relationship with BIBA. Its exclusive PI schemes are designed to allow insurance brokers to provide advice and service to their clients, safe in the knowledge that their insurance safety net is proven and reliable.
It has over 80 years of detailed understanding of the types of PI claims that professional service firms can face. The value of our service lies not only in specifying and placing the right insurance in first class markets, but in the consistent, fully independent advice offered on the management of risk and the support provided to clients when claims arise.