Please note this is from 2008.
BIBA response to Competition Commission Payment Protection Insurance – Notice of Possible Remedies.
http://www.biba.org.uk/MediaCenterCo...ContentID=1038
The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation. We represent the interests of insurance brokers, intermediaries and their customers.
BIBA represents 2,300 insurance intermediaries including 98 of the UK’s top 100 insurance intermediaries. Our members handle about half the value of all UK home, contents, motor, travel, commercial and industrial insurance policies. Independent insurance intermediaries distribute nearly two-thirds of all UK non-marine general insurance, of which BIBA members account for over 80%. They also introduce £20 billion of premium income into London’s insurance market each year.
BIBA is pleased on behalf of its collective membership, to have the opportunity to respond to the Competition Commission’s Notice of Possible Remedies (NPR) as part of the ongoing market investigation into Payment Protection Insurance (PPI).
Our response follows in two parts: 1) NPR outline; 2) Options considered in the NPR.
More to follow on link above.......
BIBA response to Competition Commission Payment Protection Insurance – Notice of Possible Remedies.
http://www.biba.org.uk/MediaCenterCo...ContentID=1038
The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation. We represent the interests of insurance brokers, intermediaries and their customers.
BIBA represents 2,300 insurance intermediaries including 98 of the UK’s top 100 insurance intermediaries. Our members handle about half the value of all UK home, contents, motor, travel, commercial and industrial insurance policies. Independent insurance intermediaries distribute nearly two-thirds of all UK non-marine general insurance, of which BIBA members account for over 80%. They also introduce £20 billion of premium income into London’s insurance market each year.
BIBA is pleased on behalf of its collective membership, to have the opportunity to respond to the Competition Commission’s Notice of Possible Remedies (NPR) as part of the ongoing market investigation into Payment Protection Insurance (PPI).
Our response follows in two parts: 1) NPR outline; 2) Options considered in the NPR.
More to follow on link above.......