On 4 March 2010, the Insurance Profession Task Force
published the Aldermanbury Declaration. The Task Force, chaired by
then CII president Barry Smith, comprised senior individuals from
the general insurance sector, and spent many months shaping a
common framework for professional standards.
The deadline for signatories to meet the standards was set as 31
December 2013. More than three quarters of signatories met the
criteria with many firms going on to become Chartered Insurers or
Chartered Insurance Brokers.
The Aldermanbury Declaration has significantly raised the
profile of professional standards across the general insurance
market but the journey is far from over and the CII will be
continuing to work to encourage greater professionalism in the
realise that putting professionalism; high standards, lifelong
learning, and ethics at the centre of their business will produce
better outcomes for their customers."
Chris Hanks - Chair of the Professionalism Taskforce
Click here to watch a
video interview with Chris Hanks: