The British Insurance Brokers’ Association (BIBA) has appointed Broker Direct as a scheme provider to offer access to its private motor and light commercial vehicle products to all BIBA members.
As part of the agreement, BIBA members will have access to a variety of motor vehicle products, a guaranteed fast-track agency application process and will benefit from access to BDAssistance, a Breakdown product provided by RAC and the opportunity to use Broker Direct’s Accident Management Services.
Terry Stanley, CEO of Broker Direct added “We are delighted to have reached this agreement with BIBA whereby they endorse our motor product range to their membership of professional brokers. It comes at a time when we are also launching new products which we believe brokers will find enormously helpful in the fight against aggregators and direct writers. Our competitive range is supported by some of the highest standards of service available from any insurer”
Steve Foulsham, BIBA’s Technical Services Manager, said: “A recent survey of members suggested that our brokers did require a BIBA endorsed Private Motor and Small Commercial Vehicle scheme. Broker Direct is already a tried and respected route to market for brokers. We are delighted that we can now offer BIBA members a competitive solution for these classes of business coupled with very high service standards.”
BIBA and Broker Direct have worked closely together with this venture and both parties believe firmly in the broker distribution channel and the fact that the broker provides added value for customers.
Source : BIBA Press Release
