We want to know how we can help you with broker operational technology
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BIBA formed an Insurance Technology & Innovation Committee (ITIC) consisting of software houses and a representative from each segment of our membership to ensure your interests on all technology, innovation in insurance and associated related matters are covered.
Its role is to connect, improve and innovate the insurance technology eco-system, ensuring that relevant issues affecting members are properly relayed to the BIBA senior team and to provide advice and counsel on all matters relating to insurance technology providers.
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To ensure that the ITIC provides as much benefit to you as possible we would like to hear from you about what the committee can do to help your business on issues relating to broker technology and what would be most useful or interesting to you.
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More about the ITIC
The role the ITIC is to connect, improve and innovate the insurance technology eco-system, ensuring that relevant issues affecting members are properly represented to the BIBA Executive. It shall provide advice and counsel on all matters relating to insurance technology providers, acting as a sounding board to the Executive Team.
The role of the ITIC can be described as follows:
BIBA’s ITIC represents and protects the interests of BIBA members on all technology, innovation in insurance and associated related matters. The role of the Committee is to connect BIBA at the highest levels both with market trends and developments, and also with the most senior stakeholders externally.
The use of technology within intermediary offices to service clients, manage day-to-day broking operations and obtain online quotations for clients’ insurance requirements is key to the smooth and successful running of the intermediary’s business.
This Committee has been established to provide a forum where the insurance technology providers can provide insight to BIBA about issues that affect them which may impact on their users, and so that discussions may be had about anticipated requirements regarding legal and regulatory changes, among other topics. BIBA for its part will be able to feedback matters that are most pressing for their intermediary membership.
The ITIC will help enable intermediaries to be compliant in all their insurance technological dealings. BIBA will use its lobbying activities to support the ITIC. The ITIC will promote innovation to achieve efficiencies and support collaboration with other members, associate members and partners of BIBA thus connecting, improving and innovating the insurance technology eco-system.
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