BiKBBI The Installer Magazine July 2019

Page 15

BiKBBI News

MEMBERSAFE: FINANCIAL PROTECTION LAUNCHED FOR MEMBERS

Damian Walters, CEO, BiKBBI

These are the first two measures which will protect our members from future financial loss. BiKBBI Protected will provide unrivalled protection for all parties, including consumers, retailers and installers.”

The BiKBBI has announced its MemberSafe initiative – the first of a number of measures planned to protect installers against financial loss when transacting with other businesses. MemberSafe includes an early warning system linked to the industry’s financial profile, which will alert members to signs that may indicate risk within those businesses they engage. Members will have access to live data in order for them to make an informed choice on future financial transactions.

be able to make an informed choice as to whether they insure an invoice based on the financial profile and early warning facility. The pay-as-you-go insurance policies provide cover from as little as £13 for an invoice of £2,500, or £80 to cover £100,000. The ‘trade friendly’ digital platform provides cover instantly online, with members able to pick and choose which invoices to insure, unlike many other more expensive schemes that provide provision calculated on annual turnover.

In recognition that a financial profile is just one part of a complex commercial jigsaw, The MemberSafe initiative includes an innovative credit insurance scheme in association with specialist global insurer Allianz, providing members with a facility to insure B2B invoices on an individual basis.

BiKBBI CEO, Damian Walters, said, “These are the first two measures which will protect our members from future financial loss, but as announced in January at The Houses of Parliament, our full-circle solution BiKBBI Protected will provide unrivalled protection for all parties, including consumers, retailers and installers.”

Whilst credit insurance is not necessary for all financial transactions, members would

BiKBBI confirmed that its Protected initiative was progressing well, with the

likelihood of two major national retailers being amongst the first to adopt the scheme when it is launched later this year. BiKBBI also confirmed that over 350 independent retailers have registered interest, representing over 450 showrooms nationally! “It’s important that we move with the times, embrace technology and new ways of thinking if we’re to safeguard the future of installations here in the UK. Protected covers all bases, is free to use for installers and those participating retailers and will change the way we provide professional installation services in the future.” Damian summarised. Members are invited to login to their member portal to access the new MemberSafe features. Those interested retailers or installers who wish to register their interest in Protected can visit: www.bikbbi.org.uk/protected

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VITRA EXTENDS SCANDI-STYLE SENTO BATHROOM FURNITURE

1min
page 37

MOVERS & SHAKERS

2min
pages 110-117

HONESTY AND TAKING CARE OF PRODUCTS PAYS ...

1min
pages 108-109

STAR BUYS!

1min
page 106

Q & A WITH MICHAEL BURKE

1min
pages 104-105

CHANGES TO VAT THAT YOU NEED TO BE AWARE OF!

1min
pages 102-103

SIMPLE STEPS TO HELP SETTLE A CLAIM QUICKLY

1min
pages 100-101

ADDING THAT FINISHING TOUCH

1min
pages 98-99

FIGHTING BACK AGAINST FLY-TIPPING

1min
pages 94-96

CREATING A HEALTHIER WORKING ENVIROMENT

1min
pages 92-93

APOLLO RECYCLED GLASS SUCCESS

1min
pages 88-91

FRANKE'S VITAL TAP SAVES TIME AND SPACE

1min
page 86

COMPETITION - WIN AN AQUALISA VISAGE DIGITAL SHOWER EXPOSED WITH ADJUSTABLE HEAD - HP/COMBI WORTH £666

1min
page 84

INSTALLER CLUB RELAUNCHED

1min
pages 82-83

DISCOVERING NUANCE

1min
pages 78-80

COMPETITION - WIN A VITRUS WALL-HUNG PANEL WORTH £611

1min
page 76

PLANNING FOR A NEW SEASON

1min
pages 72-75

IN FOCUS WITH DUNCAN HEENAN

1min
pages 66-71

MEETING THE NEEDS OF INSTALLERS

1min
pages 62-65

GIRA SMART KITCHEN SOLUTIONS

1min
pages 60-61

INSTALLER FRIENDLY DESIGN SERVICE LAUNCHED

1min
page 58

MAKING INSTALLERS LIVES EASIER

1min
pages 54-57

STEP BY STEP

1min
pages 50-52

MULTI-FORM FURNITURE

1min
pages 46-48

WREN, 10 YEARS ON AND GROWING FASTER THAN EVER ...

1min
pages 42-45

SPONSOR NEWS

1min
pages 36-38, 40-41

INDUSTRY NEWS

1min
pages 32-34

INDUSTRY NEWS SUPPLIED BY KBBDAILY

1min
pages 26, 28, 30

VAN TOOL THEFT BEWARE

1min
pages 22-24

BiKBBI NEWS

1min
page 19

SUPPORTING MILITARY VETERANS

1min
page 18

LEEKES BECOMES LATEST ISP

1min
page 16

MEMBERSHIP PROTECTION LAUNCHED

1min
page 15

HELPING INSTALLERS IN A TIME OF NEED

1min
pages 12-14

REASONS TO BE CHEERFUL 1-2-3!

1min
pages 8-11

INSTALLERS WANTED!

1min
pages 4-7
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