The British Insurance Brokers’ Association (BIBA) has outlined plans to move swiftly from publication to implementation of its 2026 Manifesto, Economic Resilience, setting out clear priorities for regulatory reform, consumer access to insurance and cyber capability across the UK market.
At a press briefing, senior BIBA executives said the association will actively press government, regulators and industry on its 10 headline “asks”, while simultaneously delivering 10 commitments designed to have near-term operational impact for brokers and insurers. The focus, BIBA said, is on partnership and practical delivery rather than advocacy alone.
BIBA’s key priorities include the introduction of a new Financial Services Bill in early 2026 to support cross-cutting reforms, continued simplification of FCA rules and reporting requirements, and measures to promote cyber insurance as a core element of national economic and digital resilience. The association is also calling for the maintenance of the current Insurance Premium Tax rate and consideration of targeted relief to encourage SME uptake of cyber cover.
Alongside these policy asks, BIBA confirmed several near-term initiatives it will deliver itself. These include the rollout of an industry-wide Total Signposting Commitment with the ABI to help consumers who struggle to obtain cover, the launch of an accredited cyber broker directory in collaboration with the Department for Science, Innovation & Technology, and the introduction of an AI training school with Markel in early 2026. BIBA will also lead work on an industry-standard Fair Value Assessment template and publish updated guidance for SME brokers, startups and professional indemnity placements.
Cyber risk emerged as a central theme of the manifesto. BIBA highlighted evidence of widespread cyber incidents alongside low penetration of standalone cyber insurance among UK businesses, describing a significant protection gap. To address this, the association plans to focus on broker accreditation, clearer policy language, enhanced training and closer collaboration with insurers and reinsurers to improve both supply and demand.
Beyond cyber, the manifesto reiterates BIBA’s positions on flood resilience, terrorism insurance and Northern Ireland-specific reforms, alongside initiatives aimed at improving claims outcomes, market transparency and broker support. BIBA said it will continue its Insurer Monitor survey and publish case studies to support better market practice.
BIBA chief executive Graeme Trudgill said the association’s approach is centred on “allyship”, positioning BIBA as a constructive partner to government, regulators, brokers and insurers. The association described its 2026 manifesto as both a lobbying framework and an operational roadmap, with delivery and implementation now the priority for the year ahead.
