The Biba/IIB merger is big news, as is CVC’s bid for RBSI


A trip to Besso’s office for a chat with the Lloyd’s broker’s executive chairman Michael Wade, who bangs the drum for more proportionate regulation of the London market.


The day’s highlight is a briefing at Biba’s office, where chief Eric Galbraith and his counterpart at the IIB Barbara Bradshaw spill the beans on the two bodies’ merger.


Today it’s over to Ascot with Legal & General. The company’s recently appointed intermediary director Mark Holweger outlines how he is expanding the broker sales team.


Reports that private equity house CVC has put in an offer for RBSI is setting tongues wagging this morning.


The Claims Standards Council announces that it is planning to lodge a judicial review of the government’s proposed referral fee ban. It seems a tad premature, given that the matter has not even been properly debated in parliament yet.