Today We Celebrate 92 years!

Today we are celebrating our 92nd anniversary, since forming!

We hope you can join us celebrate at our annual dinner (link below) but in the meantime, here is a little history of the local institutes and the CII.

The first insurance institute was founded in Manchester in 1873. This was followed over the next twenty-three years by the formation of insurance institutes in Glasgow (1881), Dublin (1885), Norwich (1886), Birmingham (1887), Leeds (1888), Bristol (1890) and Newcastle (1896).

In 1897, representatives from the then 10 established local insurance institutes decided that they should form an association, and the Federation of Insurance Institutes of Great Britain and Ireland was established as an examining body, with the local institutes forming classes and providing other educational facilities. This Federation also committed to produce an annual Journal of papers of relevance to insurance, which we continue to maintain today.

Further local institutes were formed over subsequent years, and in 1908, the Federation became the Insurance Institute of Great Britain and Ireland before soon transforming into the Chartered Insurance Institute when granted its Royal Charter by King George V on 17 January 1912. The charter made the organisation a single entity with the same rights and powers as an individual and stated that it should “secure and justify the confidence of the public in its members and the insurance sector.” The CII charter evolved in 1987, when Queen Elizabeth II granted a new version, which identifies the current seven “objects and purposes”, which are broadly:

To promote efficiency and improvement in insurance practice among professionals
To secure and justify the confidence of the public and employers
To promote the study of subjects related to insurance
To inform regulations and law associated with the profession
To exercise supervision and control over professional standards of our members
To assist members in developing their careers
And to assist members who have fallen on hardship.

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