The British Insurance Brokers’ Association (BIBA) has named Markel as its newest official partner.
Markel, a leading provider of insurance, tax, and legal services to over one million UK customers, has long-standing ties with regional brokers. The firm currently supports BIBA members through a comprehensive offering that includes a 24/7 business and legal helpline, expert tax and VAT advice, and access to its digital Business Hub.
As part of the new partnership, Markel will sponsor and exhibit at the upcoming BIBA Conference, set to take place in Manchester on May 14–15. The company also hosted the 2025 conference theme launch at its London office in December, unveiling the theme: “A New Era.”
This announcement comes amid BIBA’s continued focus on policy and regulatory advocacy. In April, the association released research revealing that regulatory costs now consume an estimated 5.2% of client-paid insurance premiums—costs that disproportionately affect insurance brokers. BIBA is actively engaging with the Financial Conduct Authority (FCA) to address the rising financial pressure on the broking sector.
The association has introduced a new guide to help members access capacity through managing general agents (MGAs), acknowledging their increasingly vital role in underwriting and risk placement. The guide is designed to support brokers in identifying and leveraging alternative sources of market capacity.
