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The first steps to chartered broker status for firms

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Amid an ever-competitive market and challenging trading conditions, securing Chartered Insurance Broker status could be the ticket firms need to get ahead of the market.

According to the Chartered Insurance Institute (CII), corporate Chartered status is an opportunity for brokers to reinforce their professional commitment to raising standards of knowledge, capability and ethical practice.

At the moment, there are fewer than 130 firms boasting chartered broker status, so this remains a distinguishing factor in a crowded sector.

But how exactly do firms go about becoming Chartered? And what steps need to be taken to instigate the process?

Part one of this series

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