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How many years have to pass before BIBA delivers something concrete and stops suggesting it is making a difference when it isn't

It wants the industry to be professional and provide a service yet feels as a service provider VAT should not be applied only IPT

Why should service providers not be able to do as accountants, solicitors and all professional trades and charge and claim back VAT?

It's not a very 'conservative thing' to do to increase tax but that's what's happening with offices and shop premises via rates

If the fear of less insurance being bought were justified there would be no argument. But with insure-tech and new software developers bringing down the cost of transactions and back office administration (which is 40-45% of overhead costs) and facilitating lower costs as a result; a programme of 1per cent increase per year until IPT is at the same rate as VAT at which point IPT is buried and the tax is called VAT seems the right way forward

The argument of not being 'very conservative' is pathetic given what other areas of government spending could be viewed. And where is it very conservative to increase the National Debt to £1,600 billion and rising?

What is important is that the industry has to invest in the future, first to keep up with change and second become more efficient. The working practices with different commission splits for effectively shovelling paper between A and B isn't very fair to the end customer and where would we be on costs if those ancillary commissions were removed from the equation?.

Yes it would put some noses out of joint but the end customer would be no worse and possibly a damn site better off.

BIBA is not delivering as it ought to and whilst it seeks to defend its actions with the argument of trying to appease its' various stakeholders it is not making any consequential progress and still charges disproportionately for what it delivers.

With new centres offering the same cover at far less cost why are so many UK businesses looking offshore for their insurance needs.

Costs have to come done to survive and some may say it shouldn't be a race to the bottom but with transparency and the ability to compare like for like, previous arguments don't carry value any more as its all about cost .

With corporation tax different across the EU why not VAT, especially if Brexit is on.

The UK needs to be ahead of the game which it always was and not merely following the pack. We are meant to be an inventive nation and always looking out of the box not just within and if the box isn't delivering get rid of the box!!

Every year there is a notional juggling of some taxes but fundamentally it nets out to zero.

Why not have a plan to increase IPT over 5 years to equal that of VAT and by definition reduce VAT along the way as well as corporation tax to stimulate business investment and performance and the want to increase the insurance spend of customers

The above has to go along with a drastic reduction on regulations that serve undeniably no purpose except to paper pushers at the FCA .

Lets not forget Andrew Bailey said he was going to do just that in week 3 of his tenure and has done didly squat about that ever since

It should still be more than possible to net out with no damage to HMTrevenue because the primary target that the UK will benefit overall is paramount.

My fear is we have become so scared of out own shadows that the status quo is all we are prepared to follow and therefore we go along even recommend no change as the only option..... sound familiar?

That is insane and self defeating, especially when the once mighty Lloyds of London is no longer the 'centre of insurance world and now only the home of specialised insurance.

How long will working practices remain unchanged when AI stands to change the fundamentals of underwriting legitimately and forever

Insurance needs to rethink the whole picture and not just one part to remain a major contributing industry to the UK and BIBA is not showing the way forward but actually getting in the way of progress

We can only hope BIBA see the errors of its position and change but the chances do look extremely remote