The impact on their businesses and advice on ways of steering their way successfully through the continuing downturn.
The forum will take place at the City of Manchester Stadium on 25 March 2010 and will boast a panel of senior industry figures responding to the thoughts of Joe Suddaby, a leading analyst from independent corporate advisory firm, Lexicon. BIBA Chief Executive Eric Galbraith will chair the event.
The sessions will give brokers a unique insight into how to take their businesses forward through this year and beyond. Mr Suddaby will provide an overview of the wider economic outlook for 2010, the possible change of government and how this could impact the insurance industry as a whole and brokers in particular.
A panel of industry experts will explore some of the options for brokers to consider as they review their business plans. Discussions will include adopting new business practices to become more competitive, seeking the support of a network and “buy, sell or merge” strategies. A Q&A session will allow delegates to pose their own questions to the panellists as well as debate the presentations.
Peter Staddon, BIBA Head of Technical Services, says:
“We know that getting through 2009 has been tough for our members and while they can take comfort from the fact that they’re weathering the storm, 2010 isn’t promising to be an easy ride. We’ve assembled a panel of some of the top minds in our industry to give brokers expert insight on the economy and its effect on insurance, and inspire them with solutions for embracing the challenges posed by it.”
This forum is free to BIBA members and is also open to non-members and will take place between 9am and 11am. There will be an opportunity for networking as well as a tour of the venue for those interested, and a light breakfast will be provided.