Chartered Insurance Institute marks 125th anniversary

Organisation lines up several initiatives in commemoration of major milestone

Chartered Insurance Institute marks 125th anniversary

Insurance News

By Gabriel Olano

The Chartered Insurance Institute (CII) is marking a major milestone in 2022 – the 125th year since local institutes came together to form a federation which would later evolve into a professional body that was awarded a Royal Charter.

As part of its 125th year, the CII has published a special edition of The Journal and a podcast, which reflect on how “honourable rivals” in business came together in 1897 to explore ways to raise professional standards. These also examine how local institutes have adapted and evolved to offer localised support to insurance and personal finance professionals in the 21st century.

The CII’s Ambassadors in Action conference, taking place in Birmingham on May 17, will gather the volunteers who lead CII’s 56 local institutes, 26 personal finance society regional committees and five membership societies. At the event, the leaders will discuss how they can work together to deliver the CII’s common purpose to “secure and justify the confidence of the public” in the insurance and personal finance profession. The CII will also recognise individuals who have gone above and beyond to support their peers amidst the pandemic.

At the conference, the CII will release the feedback it received from members via the Shaping the future together consultation, which was launched last year to understand the needs and expectations of members and other key stakeholders.

One of the key takeaways from the consultation was the need for a common strategy, clear purpose and objectives for local institutes, regional committees and membership societies, the CII said.

“The CII’s history demonstrates the progress that can be achieved by the coming together of our committed network of volunteers via the local institutes and societies, in order to raise public trust in the profession and support the development of skills, knowledge and sharing of expertise,” said Peter Blanc, CII president. “At the 60th anniversary of the founding of the federation, G.K. Greening, then president of the Chartered Insurance Institute, described our institution as still having growing pains. I applaud our local institutes for their continued effort and commitment to ensuring we evolve how we deliver the benefits members held dear more than a century ago to best meet the needs of today’s professionals.”

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