Brokers offered chance to meet with Treasury and BERR
The British Insurance Brokers’ Association (BIBA) has arranged for the Treasury, the Department for Business Executive and Regulatory Reform and credit insurance brokers to meet to discuss the new Trade Credit Insurance Top-up Scheme (TCITS), which was announced in the Budget.
BIBA has invited members who specialise in credit insurance to join the Treasury and BERR at its office on Thursday 7th May to discuss the detail of the scheme and how it will affect the 14,000 business who have credit insurance policies.
Peter Staddon, BIBA head of technical services, said: “It is important that members are fully aware of the detail of the new credit insurance scheme, this is why we are facilitating this unique opportunity for members to meet the relevant senior Government officials.
"We are committed to working with BERR, Treasury and members to improve access to credit insurance for small business.”
A BERR spokesman said: "We are delighted to be working with BIBA and its members to ensure the detail of the Trade Credit Insurance Top-up Scheme is fully understood and available to business across the UK".