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CII launches consultation to determine trajectory

CII launches consultation to determine trajectory | Insurance Business UK

CII launches consultation to determine trajectory

The Chartered Insurance Institute (CII) has launched a consultation, titled Shaping the Future Together, which seeks to engage members in determining the professional body’s strategy.

The consultation, which runs until Dec. 17, aims to refresh the CII’s 2016 manifesto, which set forth the organisation’s goal to become modern, relevant and diverse in order to deliver relevant learning, insightful leadership and achieve an engaged membership.

Proposals outlined in the consultation include:

  1. Making the qualification framework and learning provision more user-friendly, accessible, and capable of meeting the future learning needs of all students
  2. Giving members more flexibility to achieve the professional body’s chartered and fellow designation, so qualifications and experience are no longer the only route
  3. Replacing the current membership model with three levels of membership: member, chartered member and fellow
  4. Exploring a possible requirement for a statement of professional standing for insurance professionals
  5. Exploring possible amendments to the CII’s governance structure to provide greater clarity and cost efficiency

Members and key stakeholders can use CII’s online consultation form to share their thoughts about the above proposals, the challenges they face as professionals, their current relationship with the CII and how they feel the CII can best meet their needs in the future.

“The Shaping the Future Together consultation gives members a great opportunity to have their say on how we ensure the CII can best inspire public trust and confidence in our family of professions by working with members to meet their needs and expectations, as well as exploring how the CII’s current governance structure works and how it could evolve,” said Helen Fisher, CII chair. “We welcome feedback from all our members and, as a board, we will listen carefully to the responses. They will help inform how we shape our strategy for the next five years, and ensure we are fit for the future. I am very pleased that our members have opportunities to share their views at both the live events we have scheduled in coming months, as well as through the online consultation. I look forward to drawing on our members’ input as we develop our vision for the future of our sector.”

“Our Royal Charter states that the CII, as a professional body, must work to ‘secure and justify the confidence of the public’ in the financial planning and insurance professions,” said Julie Page, president of the CII. “That means making sure that everything we do, as a professional body, helps our members support their clients in becoming more financially resilient and achieve their financial goals. I encourage all our members to engage with this consultation and have their say via the website about how the CII should respond to the demands of the modern world and evolve in step with it.”