Chartered status helps "tip the scales" for new business

Paul Hine, managing director of Hine Insurance Brokers, posted in the Insurance Age LinkedIn group that chartered status forms part of the "decision-making process" for certain clients.

He wrote: "We've certainly experienced this when dealing with other professional firms - a number of such firms who refer business to us have commented that they feel reassured being able to recommend a chartered firm.

"In a sector where clients have traditionally had to use premium as a means to benchmark one