Skills shortage impacts two-thirds of general insurers
by Gill Montia
Story link: Skills shortage impacts two-thirds of general insurers
According to the latest annual survey from Allianz and the Chartered Insurance Institute (CII), 67% of general insurers are experiencing a shortage of skills at present, with the proportion down 10% on a year ago. Despite the year-on-year improvement 73% of the 2,300 CII members questioned identified skills gaps in their organisations, with service quality, [...]
Ageas underwriters achieve Chartered status
by Gill Montia
Story link: Ageas underwriters achieve Chartered status
Ageas’ underwriting division has been awarded Chartered status by the Chartered Insurance Institute (CII). The insurer has met a number of criteria as set out by the CII and, in particular, the award recognises the group’s development programmes and training and competence scheme, which form part of its Underwriting Academy. The Academy, launched three years [...]
CII elects new president
by Gill Montia
Story link: CII elects new president
The Chartered Insurance Institute (CII) has elected Julian James as its 115th president. Mr James, who is chief executive officer of Lockton Companies International, takes over from Chris Hanks, general manager of Allianz UK. Amanda Blanc, chief executive of AXA Commercial, has been elected deputy-president. Incoming CII presidents choose a theme for their year in [...]
CII appoints director of corporate development
by Gill Montia
Story link: CII appoints director of corporate development
The Chartered Insurance Institute (CII) has appointed Graeme Sutton as director of corporate development. Mr Sutton will join the Institute on 1st August from M4 Underwriting, having previously held senior roles at Fusion, Zurich and Independent Insurance. Commenting on the appointment, the CII’s director of financial services and insurance markets, Steve Jenkins, says: “Graeme’s expertise [...]
Chartis launches environmental liability training
by Gill Montia
Story link: Chartis launches environmental liability training
Chartis Insurance UK has launched online training in environmental exposures for brokers, accredited by the Chartered Insurance Institute. Five modules are available to help firms navigate their clients through the complexities of this relatively new market, while staff gain professional credits According to Chartis, environmental insurance is a rapidly growing sector which is under-served and [...]
Aviva achieves CII prior learning accreditation
by Gill Montia
Story link: Aviva achieves CII prior learning accreditation
Aviva’s underwriting academy has marked its tenth year by achieving the Chartered Insurance Institute (CII) Prior Learning Accreditation, in six commercial programmes. The award means that when Aviva underwriters pass their evaluation for any of the six accredited programmes, they gain CII prior learning credits at diploma or advanced diploma level. The insurer’s head of [...]
CII on UK’s £9 trillion retirement savings gap
by Gill Montia
Story link: CII on UK’s £9 trillion retirement savings gap
The Chartered Insurance Institute (CII) says it has identified the key factors driving the UK retirement savings gap as follows: long-term care, debt, resistance to saving due to tax complexities, mistrust of products and uncertainty about the future savings landscape. In a report entitled “An age-old problem – developing solutions for funding retirement” the body [...]
Lockton MENA achieves Chartered Broker status
by Gill Montia
Story link: Lockton MENA achieves Chartered Broker status
Lockton MENA has achieved Chartered Broker status from the Chartered Insurance Institute (CII). The Dubai-based subsidiary is only the third overseas insurance broker to make the Chartered grade, gaining benefits that include client and associate recognition of capability and commitment to ethical practice. Commenting on the award, CII chief executive officer, Dr Alexander Scott, says: [...]
Personal lines motor profitability “brief and rare”
by Gill Montia
Story link: Personal lines motor profitability “brief and rare”
Ernst & Young and the Chartered Insurance Institute (CII) have set out the actions firms need to take to make UK motor insurance a profitable class of business. Amid a series of recommendations, their new report suggest that insurers need to be investing in their people and technology to keep up with the demands of [...]
Amlin awarded Corporate Chartered Insurer status
by Gill Montia
Story link: Amlin awarded Corporate Chartered Insurer status
Amlin Underwriting has become the first London market insurer to achieve the gold standard of Corporate Chartered Insurer status. Granted by the Privy Council, Chartered status was introduced earlier this year by the Chartered Insurance Institute, following the Aldermanbury Declaration on raising standards within the industry, to which Amlin is also a signatory. It aims [...]
CII joins forces with skills council
by Gill Montia
Story link: CII joins forces with skills council
The Chartered Insurance Institute (CII) and the Financial Services Skills Council (FSSC) have joined forces in a move that will see the CII’s life and pensions’ faculty assist the Council. The FSSC has changed its corporate structure over the past few months and is now more focused on working collaboratively. As a result, CII board [...]
CII invites students to “Discover Risk”
by Gill Montia
Story link: CII invites students to “Discover Risk”
The Chartered Insurance Institute (CII) has launched an outreach programme for schools. Discover Risk is aimed at year 12 students and uses a board game, based on the CII’s Discover Risk website, to encourage young people to consider career options within the insurance sector. The game, which lasts around 90 minutes, aims to get students [...]
Errors in insurance documentation as bad as ever
by Gill Montia
Story link: Errors in insurance documentation as bad as ever
The Insurance Manager (IM) has completed its 4th annual survey of insurance industry standards to find that the results mirror last year’s findings, or put another way are “as bad as ever”. The firm, which specialises in insurance and risk management services to the SME sector, deals with around 15 brokers and 30 insurers on [...]
CII pledges support for Career Academies
by Gill Montia
Story link: CII pledges support for Career Academies
The Chartered Insurance Institute (CII) is to support Career Academies UK, which works to raise the aspirations of 16 to 19-year-olds studying a Level 3 qualification. The national charity is currently engaged with over 800 employers of all sizes and sectors and more than 120 schools and colleges across the country. In its new role, [...]
Aviva underwriting academy receives CII accreditation
by Gill Montia
Story link: Aviva underwriting academy receives CII accreditation
Aviva’s Commercial Underwriting Academy has received Continuing Professional Development (CPD) accreditation from the Chartered Insurance Institute (CII), for its training modules. The accolade means that any of the company’s 2,200 commercial underwriters who are CII qualified can gain CPD points when they complete a training module, deliver a workshop or help create new modules. Aviva’s [...]
Apathy threatens the future of the CII
by Gill Montia
Story link: Apathy threatens the future of the CII
The future of the Chartered Insurance Institute (CII) could be at stake because too few members take an active role in promoting the organisation. So says Cowens Survival Capability, one of only 59 firms in the UK to have Chartered Insurance Broker status. An associate director of the commercial lines specialist, Grant Scott, comments: “There [...]
CII to pilot assessment based qualification
by Gill Montia
Story link: CII to pilot assessment based qualification
The Chartered Insurance Institute (CII) has published details of and a timetable for proposed changes to its examination system, to be piloted in September of this year. An alternative assessment process is being designed for experienced advisers who would prefer a non-examination route to prove they are able to meet the new level 4 and [...]
CII happy to be “Chartered”
by Gill Montia
Story link: CII happy to be “Chartered”
Research by the Chartered Insurance Institute (CII) suggest that being “Chartered” is worth a lot in terms of public confidence, both in the insurance and financial planning sectors, and in the broader world of professional services. In the UK, Royal Charters have been granted by the sovereign on the advice of the Privy Council since [...]
CII launches CPD review
by Gill Montia
Story link: CII launches CPD review
The Chartered Insurance Institute (CII) has launched a review of policy on continuous professional development (CPD) and has surveyed over 3,500 of its General Insurance Faculty members to inform the study. According to the research, the vast majority of members say that they keep up to date with industry issues by undertaking CPD; only 3% [...]
CII wake-up call on migrant workers
by Gill Montia
Story link: CII wake-up call on migrant workers
A new study from the Chartered Insurance Institute (CII) proposes that large migrant groups are set to join the over fifties as a major market for insurance and other financial services products in the years ahead. The body therefore suggests that more insurance and financial products that apply across Europe’s national boundaries must be developed [...]
