The British Insurance Brokers’ Association and the Managing General Agents’ Association have become affiliates, in a move that both organisations said would support a closer working relationship and deliver benefits for their respective members. BIBA’s affiliate membership is offered to organisations where representation with regulators, Government and other industry stakeholders would be of mutual benefit.

Graeme Trudgill (pictured), CEO of BIBA, said: “We have a productive working relationship with the MGAA, working closer together for the good of all our members can only be a positive step forward. The market is challenging, and I believe that not only can we tackle together many of the issues that both brokers and MGAs face, but that MGAs can be part of the solution to some of the capacity challenges that are impacting our members.”

Mike Keating, CEO at the MGAA, added: “I’m delighted that the MGAA is now an official affiliate of BIBA. With over 90% of MGAA members working with the broker community, our combined efforts will ensure we quickly identify and address issues, and, importantly, seize opportunities for both groups of members.”