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Cover Magazine - BIBA & GRiD launch business protection guide

Collaboration between the two industry bodies aims to highlight the benefits of business key person and employee protection insurance.

The British Insurance Brokers' Association (BIBA) and Group Risk Development (GRiD) have jointly launched a new guide on business protection to aid employers' understanding of the product.

BIBA executive director, Graeme Trudgill, said that the guide was launched following the success of the Association's insurance guide for SMEs, with the recognition that more can be done to help businesses understand the risks of key person loss.

"Insurance brokers, advisors and intermediaries are able to provide advice on the different insurance policies available to a business and help them to understand the basis of their insurances and the risks they face. In this sense this guide is invaluable," he said.

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