FAQ
What is the Botswana Insurance Brokers Association (BIBA)?
BIBA is a professional organization that represents registered insurance brokers in Botswana. It promotes high standards of professionalism, ethics, and service in the insurance brokerage industry.
Who can become a member of BIBA?
Membership is open to companies that are registered as insurance brokers in Botswana, and individual members must be employees of a registered insurance broker.
How do I apply for membership?
To apply for membership, your company must be a registered insurance broker in Botswana. Applications can be submitted via our official website or through direct contact with our membership team.
What are the benefits of being a BIBA member?
- Access to industry updates, educational resources, and training programs.
- Networking opportunities with other professionals in the insurance sector
- Support in regulatory matters and industry advocacy.
- Professional recognition as part of a reputable association.
- Access to arbitration and dispute resolution services.
Does BIBA provide training or continuing education?
Yes, BIBA offers training programs and workshops to help members maintain their professional standards and stay updated on industry developments.
How does BIBA promote ethical conduct among insurance brokers?
BIBA promotes ethical conduct by enforcing a strict code of ethics and providing ongoing education and support to ensure that members uphold integrity, professionalism, and transparency in their business practices.
What is the role of BIBA in the insurance industry in Botswana?
BIBA serves as a central body to represent the interests of insurance brokers, advocate for policies that benefit the industry, and ensure that the public has access to reliable, professional insurance services.
Can BIBA assist with disputes between brokers and clients?
Yes, BIBA provides arbitration and dispute resolution services to help resolve conflicts between brokers and their clients, as well as between members.
How does BIBA interact with regulatory bodies?
BIBA engages with regulatory authorities and other stakeholders to ensure that the interests of its members and the public are represented in policy discussions and industry regulations.
How can I stay updated on BIBA activities and events?
Members are regularly updated through newsletters, email communications, and our website, which features information on upcoming events, industry news, and relevant developments.
What kind of support does BIBA offer to its members?
BIBA offers a range of support services, including business development guidance, compliance support, public relations, and communication assistance.
What is the process for renewing membership?
Membership renewal is an annual process, and members will be notified in advance when it’s time to renew. The renewal process can be completed online or through our office.