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Chartered status for broker firm

Chartered status for broker firm

Chartered status for broker firm
James Hallam Limited has been awarded Chartered Insurance Broker status in recognition of the firm’s ongoing commitment to ethical practice and raising professional standards.

Chartered status is granted by the Chartered Insurance Institute (CII) to firms that fulfil criteria relating to professionalism and capability. All chartered insurance brokers commit to the CII’s code of ethics, which aims to reinforce the highest standards of professional practice within their businesses.

Paul Anscombe, chief executive of James Hallam Ltd, which has offices in London, Watford, Chelmsford and Glasgow, said achieving chartered broker status has been an important goal for the business, which has long strived to provide the highest ethical and professional service to clients and other stakeholders.

“We wanted to become chartered because we believe that improving standards and professionalism is the right course for the insurance broking sector,” said Mr Anscombe. “Gaining chartered status will enable James Hallam Ltd to clearly demonstrate our commitment to providing the best possible service, by professionally qualified people, to all our clients, as well as insurers and other stakeholders in our business.”

Mr Anscombe added: “I am very proud of the calibre of our employees who do a fantastic job for our clients. They have embraced the challenge of gaining chartered status by striving to meet the necessary standard of qualifications. The CII requirements for corporate chartered status are now front of mind for James Hallam Ltd when we are recruiting staff, and even acquiring businesses, as we seek a commitment from new employees that they will fulfil the necessary professional training obligations.”

As the wider UK general insurance sector heads to the British Insurance Brokers’ Association (BIBA) Conference in Manchester this week, Mr Anscombe said: “I’m delighted that James Hallam Ltd will be attending the BIBA conference as a newly chartered broker. BIBA shares the broader commitment to driving up industry standards, which chartered status is part of, and I look forward to hearing some good debate on the subject this week in Manchester.”

Steve Jenkins, director of financial services and insurance markets at the CII, said: “A corporate chartered status reflects a firm’s commitment to an overall standard of excellence and professionalism, and demonstrates its dedication to providing clients with knowledgeable advice and high-quality service in an ethical manner. I am pleased that such a well-regarded broker as James Hallam Ltd has achieved chartered status and that its accomplishment will be recognised by clients, employees and industry peers.”