Biba 2024: Catch up on day two

As attendees cheerily flocked to Manchester Central – despite some fragile heads – for the second day of the Biba Conference (16 May 2024), Insurance Times editor Katie Scott whether a combined public-private partnership could provide a solution to the problem of systemic cyber risk.

• Could a public-private partnership provide an answer for systemic cyber risk?

Then, deputy editor Yiannis Kotoulas spoke to Beazley distribution manager Matthew Norris about the importance of simplified messaging to brokers about cyber insurance.

• Cyber insurers must ensure messaging is ‘digestible’ for brokers

After that, junior reporter Chantal Kapani reported from a panel session entitled What Next for Brokers on industry calls to be consulted on regulatory decisions around guaranteed asset protection (Gap) insurance.

• Brokers want to be ‘brought to the table’ over Gap insurance decisions

News editor James Cowen also provided a report on the rebranding of Lv=Broker to Allianz as brokers attended the insurer’s stand at the conference. 

• Brokers ‘ram’ Allianz stand after rebrand of LV=Broker

And in his own report on the importance of investing in data, contributor Jon Guy noted that the proper utilisation of technology could improve client relationships. 

• Brokers urged to invest in data to transform client relationships