One commercial insurance provider has proudly announced it has gained the Chartered Insurer title from the Chartered Insurance Institute.
Business insurance provider Allianz Commercial was granted the honour due to its recognised commitment to professional and ethical conduct, stated the CII.
The CII states that any insurer that earns the Chartered Insurer title must work in an ethical manner that places the interests of its clients above all other motivations for the company in question. Allianz Commercial earned the award in part to the staff development and training initiatives it has introduced internally. It is one of the first insurance companies to be awarded the title.
The firm had to meet strict criteria before the the prestigious title was awarded to them. Such criteria included placing frameworks in place for their staff to attain high standards of expertise and achieving skills relevant to their profession.
Director of underwriting and technical for Allianz Commercial, Geoff Moylan, commented on the firm’s new status as a Chartered Insurer. Mr Moylan stated that the honour was a reflection of the commitment of Allianz Commercial to provide its customers with top class standards. The director also stated that the prestigious award highlighted the firm’s desire to continually improve their offerings to those businesses in need of professional indemnity insurance.
Allianz Commercial provides risk management services for business. It also offers businesses casualty, motor, and business insurance. The insurer is a division of Allianz Insurance plc.
The Chartered Insurance Institute has been described as the premier professional body for the worldwide financial services profession. The Institute has in excess of 95,000 members across more than 150 countries globally. For more information on the CII, please visit their website at cii.co.uk.