Signposting to be a key focus.
The British Insurance Brokers’ Association’s (BIBA) has formed a “multi-sector” Access to Insurance Committee.
The panel has been assembled in order to help BIBA meet its 2020 manifesto commitment on improving access.
It follows intervention from the Financial Conduct Authority on travel insurance and the Cabinet Office on protection insurance.
BIBA Access to Insurance Committee Key responsibilities
The committee will provide operational oversight of:
* The Protection Agreement (launched in January 2020)
* The signposting services provided under the separate Government/ABI/BIBA Agreement on Age and Insurance (launched in 2012 and recently extended)
* The forthcoming travel insurance directory provided by BIBA for those with pre-existing medical conditions seeking travel insurance.
It will also evaluate and review performance of the agreements and processes and also take opportunities to promote signposting awareness and participation across the financial services and charity sectors.
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