BIBALet is a scheme which gives BIBA members access to a range of cover options specifically designed for landlords, with policies intended for people who own individual or portfolios of let properties.
Towergate will offer enhanced pricing and commission for BIBA brokers and an accelerated bonus for consolidating accounts.
Clive Nathan, CEO of Towergate Underwriting, said:
"We are delighted to have been chosen as the new providers of BIBALet. With over 20 years experience in providing insurance for landlords, BIBA members will have access to specialist underwriting and claims expertise and a dedicated team to help them grow their business."
Steve Foulsham, BIBA’s Head of Technical Services said:
“We are confident that this new scheme will provide great flexibility for members in this sector of the market. We are delighted to work with Towergate on another member scheme which has been through our rigorous selection process.”
