News analysis: Chartered status: Is it worth it?

CII building Aldermanbury

Brokers have questioned the value of Chartered status as the Chartered Insurance Institute (CII) launched a consultation into the future of the proposition.

There are thousands of brokers in the UK but currently only around 175 have the Chartered title – why have so few businesses invested in it?

According to insurance experts the low take-up in the broker sector is partly because a lot of businesses do not fit the requirements. In order to achieve Chartered status a company needs to have a

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