BIBA welcomes Saga into membership
23rd March 2015
The British Insurance Brokers’ Association (BIBA) has welcomed Saga into membership.
Saga Insurance will become heavily involved in BIBA’s activities with Toby Hughes, Director of Product Development, set to become involved in BIBA’s Motor Panel and Gary McCarthy, Head of Compliance joining BIBA’s Regulatory Working Party.
Steve White, BIBA’s Chief Executive said: “We are delighted to welcome Saga into BIBA membership and look forward to working with them. As a respected personal lines intermediary, we will value their input into our various committees".
Roger Ramsden, Chief Executive, Saga Services said: "We have been impressed with the work of BIBA and believe that the Saga Insurance broker business model will be well served though our membership."
Notes to editors
1. For further information please contact:
BIBA press office:
Leighann Forsyth, Head of Communications
020 7397 0223
2. About 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 having merged with the Institute of Insurance Brokers (IIB) in November 2011.
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 79% 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 400,000 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 industry advising members, the regulators, consumer bodies and other stakeholders on key insurance issues.
3. About Saga Services Limited
Saga is a leading provider of products and services primarily tailored for customers over the age of 50 in the UK. The Saga brand has been carefully developed over the past 60 years to become one of the most recognised and trusted brands among UK consumers aged over 50. Products and services include, home and motor insurance. In addition to more than 2.7 million active customers it has built a proprietary database of more than 10.6 million contactable names.