Rising stars of UK insurance industry form CII ‘New Generation’
Some 40 young professionals from across the insurance industry have been picked out as possible future leaders by the Chartered Insurance Institute (CII) and chosen to take part in its highly respected New Generation Group 2018.
The CII’s flagship talent programme, New Generation seeks to discover and encourage individuals to make a difference to the future of their profession “across claims, underwriting, insurance broking and the London Market”, including Lloyd’s of London.
CII managing director of engagement Keith Richards, pictured left, said that the programme was designed to give the participants a broader understanding of the insurance sector and to provide them with the opportunity to learn key management and project skills, develop a wide network across the market and “influence change for the good of the public”.
He added, “Every year we are really impressed by the quality of the candidates on this programme and the creative solutions that they develop.
“We are all looking forward to see what this new intake will come up with and to throw down the gauntlet for the profession to respond to emerging issues and opportunities the market and customers face.”
Tackling issues such as vulnerable customers
Previous intakes have tackled issues where they felt that the profession needed to do more for customers, such as in the areas of helping the vulnerable and fighting fraud.
The institute said that a recent project won several awards for its claims handling guide for the Home Office and police as part of the new Riot Compensation Act.
Richards said that the course took around a year to complete, and that highlights include meeting MPs and public affairs experts with an interest in the sector, with a guided tour of Parliament, and a behind-closed-doors session with the Financial Conduct Authority (FCA) to learn how the regulator carries out its role.
Candidates have been drawn from companies that include Aviva, Zurich and Allianz.