Traceable EL policies mean more information at sale

The British Insurance Brokers’ Association (BIBA) backed plans for a Employers’ Liability Centralised Database, operated by the Employers Liability Tracing Office (ELTO) but said Brokers will have to change the way they work.

BIBA anticipates that brokers will have to ask for their customer’s Employer Reference Number at point of sale.

Peter Staddon, BIBA Head of Technical Services, said: “BIBA strongly believes the best result for consumer protection would be to have one single tracing office run by the insurance industry. BIBA expects insurance brokers to have to change their current practices in order to comply with the new requirements.

“We believe that supplying the ERN will create a system that makes it much easier and more successful when tracing Employers’ Liability Insurance (ELI) records, which is vitally important at a time when people are suffering from a disease”.