With in-person meetings back on the agenda in 2022, Peter Blanc explains why this is an exciting time to be an insurance professional
As most of our members will now know, Jonathan Clark has been named interim CEO of the CII, with the role intended to help deliver a seamless handover to a new permanent CEO as soon as an appointment is made.
Sian Fisher steps back from her CEO role but will stay with the CII until her planned departure date at the end of March.
Ms Fisher has overseen an incredible period of change for the CII and we owe her a huge vote of thanks for her stewardship during the last six years. Our very best wishes go to Mr Clark, who is an ideal choice for this interim position, having been a former president of the
CII as well as a former president of the Chartered Institute of Loss Adjusters. He is an outstanding professional.
As we begin 2022, I am delighted to have already received invitations for some face-to-face events and dinners during the next few months. It is great to see so many local institutes deciding to hold live events once again, and I am looking forward to attending as many as I can during the coming year.
It was amazing to learn that 2022 is the 125th anniversary since the first local institutes formed the Federation of Insurance Institutes – the forerunner of what is now the Chartered Insurance Institute. During our 125-year history, one thing hasn’t changed – the desire for professionals to meet, exchange views and collaborate. Everyone in insurance knows that well-used expression – “insurance is a people business” – and this is exemplified by the great work carried out up and down the land in our local institutes; from talks and seminars, to CPD and learning events, as well as the famous institute dinners. Who doesn’t love a Friday night out in black tie?
During our 125-year history, one thing hasn’t changed – the desire for professionals to meet, exchange views and collaborate
There is much to discuss at such events right now, of course. Inflation and supply chain disruption are causing havoc with claims, and both brokers and underwriters need to ensure that clients’ covers are updated to enable them to be properly indemnified if the worst should happen.
Cyber is coming of age and, after an initial few years of low take-up and low claims, we are now seeing a surge in the number of claims.
The market is maturing before our eyes and we all need to be constantly learning, as well as adapting the cover we provide and the advice we give.
As a market, we are still leaving many needs unmet and there are huge opportunities out there for brokers and underwriters willing and able to find solutions to these needs.
This really is an exciting time to be an insurance professional.
Peter Blanc is president of the CII