The BIBA show is cancelled, just as everyone in the insurance industry expected. The organisers statement is below. Will the impact of the Coronavirus fundamentally change things for the better by bringing about more remote working and far fewer conferences and shows overall, especially in London? Probably yes, and that is a good thing, because the events which adapt to an online economy – that genuinely transfer knowledge, not just business cards – are the ones that will survive.
BIBA is a great event, a flagship showcase for insurers, underwriters and brokers, so it is likely to return. But companies should be asking themselves some hard questions on travel & hotel budgets, exhibition space, catering, car parking – the lot. Is it worth it? Does every insurance meet-up really add something to your business relationships beyond a jokey hour in the bar and a product launch speech that coould have been better absorbed via Skype?
Let’s look at insurtech conferences with a more sceptical eye before booking a delegate ticket at £400 plus rail travel, overnight hotel and meals out with the team. Yes, it’s great to meet entrepreneurs face-to-face to get a handle on what makes them tick, but that doesn’t mean every insurtech idea being pitched is going to stay the course. Some very similar ideas regarding automated admin, apps, better user experience on the website, flexible PAYG cover etc may well lurking within your company – you just didn’t ask the right people and offer them £400 a day for their insights.
Let’s hope the best shows and events return in 2021, and the show schedule from now on has some well staged, technically accomplished and just plain useful, online events on the calendar soon.
BIBA 2020 PRESS STATEMENT
With great regret the British Insurance Brokers’ Association (BIBA) has had to cancel its 2020 Conference & Exhibition. The event was due to be held in Manchester Central on 13 and 14 May 2020.
In a statement the organisation said:
“We know that this will come as an enormous disappointment to all of those involved, including our sponsors, exhibitors, suppliers, delegates and speakers. Indeed we, and the whole insurance sector, will miss the 2020 event. We would like to sincerely thank all those involved for their support.
We have not taken this decision lightly. The cancellation is however necessary for reasons which we are sure you will appreciate, and which are beyond our control. Since the seriousness of the spread of Coronavirus became apparent, we have hoped that its trajectory would be such that BIBA 2020 would not be affected. It is clear now that this is not the case and we cannot, proceed with the event, particularly in circumstances that would put the health of many thousands of people at risk and be contrary to the Government’s advice to avoid mass gatherings.
In addition, the developments in the last few days mean that we cannot guarantee the one thing that our exhibitors trust us above all else to deliver – namely a large-scale, high quality event where business gets done.
We are immensely grateful for the support that our exhibitors have already shown us.
We are contacting each of our exhibitors and are also contacting all of our delegates. We are fully committed to continuing to serve our members and to campaign on issues for the good of the whole insurance sector including managing, in insurance terms, the current health crisis the world is facing.
We hope to see you at BIBA 2021 which we will work to make even better than before.”