BIBA signs the Armed Forces Covenant

7th November 2016

The British Insurance Brokers’ Association (BIBA) has today signed the Armed Forces Covenant – a promise that those who serve or have served, and their families, are treated fairly.  More than 1000 employers have already signed the agreement which not only demonstrates their support for the Forces community but also commits them to helping the community get a fair deal.

BIBA already has a number of members that that can commit to providing more flexibility in the insurance arrangements for members of the Armed Forces and their families and which are able to commit to:

  • waiving cancellation fees and providing a pro-rata rebate when a member of the armed forces community is posted overseas; and
  • freezing any No Claims Discounts accrued by a member of the armed forces community on their motor insurance for up to three years.

Several BIBA members can also offer additional covers such as ‘Laid Up’ cover when personnel are on deployment, full cover when ‘on base’, business use to enable personnel to visit more than one military base for duty purposes and providing cover if personnel are based overseas.

Speaking about the landmark signing, Steve White, BIBA Chief Executive, said: “Insurance brokers are used to finding solutions and we have been working with the MOD to ensure that members of the Forces can access suitable insurance.  Signing the Armed Forces Covenant was a natural progression of the work we were doing and we are proud to formally demonstrate our support.”

Mike Penning, Minister of State for Armed Forces said: “We are particularly pleased to have this commitment from the insurance broking sector.  Armed forces personnel often have specific and changing needs and having expertise on hand to help when they want it makes their complex lives simpler.”

Graeme Trudgill, BIBA Executive Director, who sits on the MOD Financial Services Steering Group, concluded: “We are proud to be a signatory to this Covenant and to show our support for the Armed forces.  Details of our members that have insurance products specifically tailored to armed forces communities can be found at or by calling our Find-A-Broker Service on 0370 950 1790.”

  • ENDS

Notes to Editors

  • Armed Forces Commitment.

BIBA members making this commitment and able to arrange cover for the services as at 25 June 2016 (other members will also have access to insurance companies able to commit to no cancellation charges and retained no claims discounts).  Check Find-A-Broker on 0370 950 1790 or at .

Services Home and Motor Insurance Home cover only
Forces Insurance Ltd

Tel: 01509 283839

Quote Four Ltd.

Branch Number: 01362 698 192
Seaway Insurance Consultants Ltd

Tel: 01803 328 008


Tel:03300 555210


Higos Insurance Services Ltd

Tel:01749 834 532

Email:[email protected]


A C Insurance Consultants

Tel: 0115 9455447

Coversure Insurance Services Ltd (Huntingdon)

0800 308 1000

Highworth Insurance Limited

Tel: 01202 937 420

Cherish Insurance Brokers Limited

Tel: 0800 197 2770

Towergate Insurance Direct

Tel: 01242 538417

Motor cover only

Tel: 01473343390



  • The Armed Forces Covenant

The Armed Forces Covenant is a promise from the nation that those who serve or have served in the armed forces, and their families, are treated fairly.

The government is committed to supporting the armed forces community by working with a range of partners who have signed the covenant. The covenant is a national responsibility involving government, businesses, local authorities, charities and the public.

More information can be found at


  • For further information please contact:

    BIBA press office:
    Pam Quinn, Head of Communications
    020 7397 0223
    [email protected]

Leighann Forsyth; Deputy Head of Communications
020 7397 0223
[email protected]


4) 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 just under 2,000 regulated firms.

General insurance brokers contribute 1% of GDP to the UK economy and BIBA brokers employ more than 100,000 staff.

54% of all general insurance is sold by an insurance broker and they arrange 78% of all commercial insurance business.

Insurance brokers put the client’s interests first, providing advice, access to suitable insurance protection and risk management.

BIBA helps more than 250,000 people a year to access insurance protection through its Find a Broker service, both online and via the telephone.

BIBA is the voice of the sector advising members, the regulators, consumer bodies and other stakeholders on key insurance issues.