What does LIIBA stand for?

LIIBA stands for the London and International Insurance Brokers' Association. This organization plays a significant role in representing the interests of insurance brokers operating in London and internationally. It serves as a voice for brokers within the insurance industry, aiming to promote best practices, provide professional development, and liaise with regulatory bodies and other stakeholders.

The importance of the 'international' aspect reflects the global nature of today's insurance market, where brokers often serve clients with diverse needs across different jurisdictions. Understanding this acronym is crucial for anyone studying the structure and functioning of the London insurance market, as it highlights the collaborative efforts of brokers to navigate challenges and enhance the overall effectiveness of their sector.