Reinsurance News

Covid-19, Brexit tops LIIBA’s 2021 priorities

21st January 2021 - Author: Charlie Wood

Helping members deal with the pandemic and supporting post-Brexit trading have been outlined as top priorities for the London and International Insurance Brokers’ Association (LIIBA) in 2021.

LIIBA logoLIIBA’s Chief Executive Officer Christopher Croft says Covid-19 will continue to be a focal point for members of the trade body in 2021.

“We will be at the heart of discussions about how to return to a physical trading environment that preserves London’s unique offerings without losing the efficiency gains the pandemic has accelerated,” Croft said.

He added that, having seen the re/insurance industry’s reputation take some knocks during the pandemic, brokers are keen to promote the social good that insurance can deliver.

“We will also work closely with members to support their Brexit solutions as they bed down into normal operation,” he added.

“More than 50 of our members now have a new EU entity in their group. Importantly, we will begin to consider how we might influence the evolution of our trading relationship with EU for services.”

From its 2020 agenda, LIIBA says it has delivered tangible successes. These include providing the voice of the broker and the client in the discussions around the Future at Lloyd’s proposals; continuing to help members achieve their professional development requirements; and responded to multiple FCA consultations and HM Treasury debates.

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