BIBA renews PI arrangement with Griffiths & Armour
The British Insurance Brokers’ Association (BIBA) has renewed its professional indemnity (PI) accredited broker agreement with Griffiths & Armour for a further three years.
Griffiths & Armour has more than 90 years’ experience of providing cover to professions and has been a BIBA accredited provider since 2013.
Matt MacLaren, Professional Risks Director at Griffiths & Armour said: “We are delighted to continue to offer support and cover to BIBA members as an accredited PI provider. Our exclusive BIBA PI scheme was founded more than 10-years ago based on core principles of market-leading cover alongside a secure long-term approach. That consistent quality-based approach has enabled us to guide firms safely through the various challenges which brokers have faced over that time, particularly through the recent hard market and pandemic.
“With our dedicated in-house broker PI claims support team and an unrivalled risk management proposition, we look forward to continuing to provide members with a trusted expert PI service proposition for many years to come.”
Mike Hallam, Head of Technical Services at BIBA added: “Griffiths and Armour provide BIBA members with consistent, excellent advice on all matters concerning their PI insurance. Securing their support once again ensures that members continue to benefit from this advice, as well as access to excellent market capacity.”
As part of its suite of member benefits, BIBA has an ongoing PI initiative that offers members help with PI related risk and claims management. Information can be accessed by members via an online PI Hub where members can also reach out to BIBA accredited PI brokers.
-ENDS-
Notes to editors
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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 around 1800 regulated firms, employing more than 100,000 people. General insurance brokers contribute 1% of GDP to the UK economy; they arrange 77% of all general insurance with a premium totalling £105.5bn and 94% of all commercial insurance business. Insurance brokers put their customers’ interests first, providing advice, access to suitable insurance protection and risk management.
BIBA receives hundreds of thousands of enquiries per year to its Find Insurance Services, online and via the telephone, which are directed to insurance broking firms.
BIBA is the voice of the sector advising members, Government, regulators, consumer bodies and other stakeholders on key insurance issues.
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