The British Insurance Brokers’ Association (BIBA) has announced that Mike Slack has decided to retire and step down from the BIBA board.  Mike stepped down at the end of July following seven years on BIBA’s board.  

Mike Slack commented: “After seven years on BIBA’s board it is time to step down. I have enjoyed my position on the board and have enjoyed watching BIBA grow in strength since I first joined.  I am confident that I leave with BIBA fully representing all of its members’ interests.”

Eric Galbraith, BIBA Chief Executive, added: “Mike has been very influential and supportive and his considerable input and dedication will be missed. We are grateful for everything he has done for the Association and wish him well for the future.”

BIBA has recently announced that Robert Brown from Aon has joined the board and that Patrick Smith, Chairman of Swinton, will succeed Derek Thornton as Chairman.

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Notes to editors

1. For further information please contact:

BIBA press office:
Leighann Burtrand, Communications Manager
020 7397 0223
burtrandl@biba.org.uk

2. About British Insurance Brokers' Association

The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance organisation representing the interests of insurance brokers, intermediaries and their customers.

BIBA membership includes 1700 regulated firms. Insurance brokers and intermediaries distribute nearly two-thirds of all UK general insurance. In 2007, insurance brokers and intermediaries generated £1.5 billion of invisible earnings and they introduce £22 billion of premium income into London’s insurance market each year.

BIBA is the voice of the industry, advising members, the regulators, the Government, consumer bodies and other stakeholders on key insurance issues.  BIBA provides unique schemes and facilities, technical advice, guidance on regulation and business support and is helping to raise, and maintain, industry standards. BIBA works closely with the Chartered Insurance Institute to provide training to those working in the industry and actively participates in helping the industry and its customers deal with some of the major issues of the day.

BIBA members provide professional advice to businesses and consumers, playing a key role in identification, measurement, management, control and transfer of risk.  They negotiate appropriate insurance protection tailored to individual needs and operate to a very high standard of customer service with the aim of ensuring peace of mind, security, financial protection and the professional advice required.

To find your nearest BIBA broker visit the ‘Find A Broker' section of the BIBA website, www.biba.org.uk or call BIBA’s consumer helpline on 0870 950 1790