This article needs to be updated.(May 2021) |
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Abbreviation | CII |
---|---|
Formation | 17 January 1912[1] |
Legal status | Chartered body |
Purpose | Secure and justify the confidence of the public in insurance and related financial services |
Headquarters | London, EC3 |
Services | Certification, Industry standards, Conferences, Publications |
Membership | 123,879+ (2021)[2] |
CEO | Matthew Hill[3] |
Website | https://www.cii.co.uk/ |
The Chartered Insurance Institute (CII) is a professional body dedicated to building public trust in the insurance and financial planning profession. The CII's purpose, as set out in its 1912 royal charter, is to 'Secure and justify the confidence of the public' in its members and the insurance sector as a whole. It aims to do this by setting standards of integrity, technical competence, and business capability. CII is a part of the Chartered Body Alliance which includes Chartered Institute for Securities & Investment (CISI) and Chartered Banker Institute.[4]
In April 2022 Alan Vallance was appointed as the CEO of Chartered Insurance Institute, taking over after Sian Fisher's 6-year tenure. In October 2023, news reports suggested that CII had announced the departure of CEO Vallance in Q2 2024, potentially, to take up an equivalent role at the Institute of Chartered Accountants in England and Wales (ICAEW).[5]