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Tag Archives: BIBA

BIBA teams up with member Marmalade to provide a young driver telematics scheme

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The British Insurance Brokers’ Association (BIBA) has teamed up with member Marmalade to provide a young driver telematics scheme. The new scheme will allow BIBA members to increase their share of the growing young driver market by offering competitive average premiums of around £1,300, on average, for 17 – 24 …

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More than 750,000 live Telematics based policies in UK

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The British Insurance Brokers’ Association (BIBA) conducts annual research into the number of telematics policies live in the UK and in 2016 the number exceeded three quarters of a million for the first time. The BIBA survey includes information from the leading telematics brands in the UK to determine the …

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Telematics-based motor insurance policies increase by 40% from previous year: BIBA

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Published: March 14, 2016 | London The British Insurance Brokers’ Association (BIBA)  recently surveyed the 30 leading telematics brands in the UK to determine the number of live policies currently in use in the market. The results showed a significant increase of 132,000 compared to the same time last year. There …

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323,000 insurance telematics policies are live in UK: British Insurance Brokers’ Association

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Published: May 27, 2015 | UK A newly commissioned report by British insurance Brokers’ Association (BIBA) shows a nine per cent increase in the number of live ‘black box’ telematics motor insurance policies. These types of policies can offer savings of up to 25% for careful drivers. In particular, young …

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UK: Black box’ motor insurance sales to increase by 15 times in 3 Years

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UK: A research conducted by the British Insurance Broker Association (BIBA)  black box’ motor insurance sales have increased five fold in the last two years, and are set to snowball to around 500,000 in the next two years. According to BIBA the ‘black box’ technology, using vehicle telematics, can offer …

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