IBA invites you to… never mind…actually, we changed our mind. (PIBA & IBA merger is cast out)

The Irish Broker Association (IBA) made an approach to the Professional Insurance Brokers Association (PIBA) whereby their 300 strong membership might amalgamate with PIBAS nearly 800. They all went into a room and entered negotiations. This wasn’t a case where one had a gun to another’s head, it was something that would be of mutual benefit to all brokers in Ireland, because brokers, unlike almost any other industry, don’t have a single representative body.

So it makes total sense right? Of course it does! Standing as a united front and being able to ensure that members reach certain standards of operation, giving a voice to a multi-million euro industry, there is such great scope that I figured ‘even if we have to get over 75% in favour we’ll still be able to do it’. And we were.

Actually, PIBA were, the votes came in and in a voice of unity we voted with an 80% majority to go ahead and make one proper representative body.

The IBA on the other hand, who actually made the approach for all of this …

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Talk the talk and walk the walk (economically speaking)

I wrote an article back at the end of 2005 called ‘the changing face of the mortgage market’ and I sent it off to a few newspapers and several magazines, it went largely un-noticed, when I say ‘largely’ I actually mean ‘totally’. Apparently I was ranting lunacy or something close to it, if you know me you’ll also know that this was a possibility….

Last weekend in a smokey Krakow it was mentioned during a conversation that you need to make a call on things and then fall on your face when you are wrong but remain vindicated when you are right. In the spirit of that conversation (with thanks to our own resident Enda Munnelly) I will list the predictions I had and then we can either collectively laugh at me or not. The main thing is that I put my predictions on the line and show whether or not I can walk the walk.

1. More than 100%!

Traditionally there were two things stopping people from getting a mortgage, the first was qualifying for the loan, the second …

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