Grant Scott to lead BIBA’s new Regional Chairs’ Advisory Board
7th April 2014
Grant Scott, director of RA Cowen & Partners Ltd, has been appointed Chairman of the British Insurance Brokers’ Association (BIBA) new Regional Chairs’ Advisory Board, with immediate effect. Grant, as Chairman of the new Regional Chairs’ Advisory Board, will also join the main BIBA Board to ensure that matters affecting the association and relating specifically to the membership in each of its thirteen regions are represented.
Grant has been Chairman of BIBA’s East Midlands region since 2011 and has a long standing relationship with the trade association and its members. He said: “I am delighted to become chairman of the Regional Chairs’ Advisory Board and I am looking forward to helping BIBA deliver its plans for modernising and tailoring its representation to suit the specific needs of members in the regions.
“The new advisory board structure will help provide focus by ensuring that members in the regions have a simple route into BIBA through which they can raise issues and concerns, I can then make sure that their specific views are properly articulated to and by the main BIBA Board and the Executive.”
Ian Langley, Compliance and Special Projects Director at Hamilton Fraser Insurance, will serve as Deputy Chairman of the advisory board. He is currently Chairman of BIBA’s Central region.
The Regional Chairs’ Advisory Board’s role will be to connect BIBA at the highest levels both with market trends and developments, and also with the most senior stakeholders externally. This is the fourth such advisory board to be formally launched following recommendations in BIBA’s Strategic Review to strengthen governance and segmentation.
The advisory board will meet on a quarterly basis to provide advice, help understanding and support the strategic thinking of BIBA’s main Board and the Executive. This will be a two-way dialogue with the advisory board acting as a sounding board to the main BIBA Board and Executive and undertaking tasks on their behalf when requested.
Steve White, BIBA's Chief Executive, said: "I have long said that I want BIBA to listen and communicate with our members more effectively and the new Regional Chairs’ Advisory Board will play an important role in ensuring that we deliver on that commitment. Grant and the advisory board will be a vital element in how we interact with members in the regions in future. Members can rest assured that their concerns and ideas will be listened to and their views will be taken into account at BIBA.
“This new advisory board is another important step in delivering the recommendations of our Strategic Review and we will continue to drive forward the development of our new structure.”
Five advisory boards will be established to reflect different but vitally important segments of the BIBA membership. Other recommendations from the Strategic Review, which have recently been implemented, include the appointment of Lord Hunt of Wirral as BIBA’s first independent Non-Executive Director to the Board. Lord Hunt also became the new BIBA Chairman in January 2014.
The Strategic Review was announced in May 2012 with the appointment of consultants Deloitte, who made a number of recommendations which have been taken forward by BIBA's Board and Executive team in six main workstreams. Members voted overwhelmingly in favour of the changes proposed by the Segmentation and Governance workstreams at BIBA’s Extraordinary General Meeting (EGM) in October 2013.
Notes to editors
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2. For further information please contact:
BIBA press office:
Leighann Forsyth, Head of Communications
020 7397 0223
3. 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.
53% of all general insurance is sold by an insurance broker and they arrange 81% 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 it’s 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. BIBA provides unique schemes and facilities, technical advice, guidance on regulation and business support and is helping to raise, and maintain, industry standards.