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Professionalism in
the insurance &
financial services
markets
The Chartered Insurance Institute
Slide 2
Introducing the CII
• Leadership - World’s largest professional
body for Financial Services
• Professionalism – raising standards of
knowledge and behaviour under Royal
Charter
• Expertise – Vast range of qualifications,
learning aids and materials (for exams
and CPD)
• Heritage – Origins traced back to 1870s
• Membership – 112 k members including
“Protecting the public by guiding the profession”
Slide 3
CII : today
• Overview
– Members in 150 countries
– Offices in London, India, Middle East, AsiaPac
• Indian presence
– Permanent office established in 2007
– Based in Mumbai
– Extensive relationships throughout the
profession
– Recent projects with Insurance companies
and Education partners
– Asked to assist IRDA on life agent
qualification during 2010
Slide 4
The Professional Body
-10
0
10
20
30
40
50
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Revenue (£m) Operational Surplus (£m)
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Why CII?
– Key facts
• Only Institute in the world that offers qualifications up to the ‘Chartered’ level (in
Insurance and Financial Services)
• Presence and recognition in 150 countries.
• 112K members and 25K ‘Chartered’ title awarded
• Largest examination and qualification awarding body (one million students took CII
qualifications in the last decade)
• CII works with employers, regulators and education partners worldwide to develop
solutions that ensure competitive advantage
• CII qualifications are very well recognised (at the regulatory level) in many countries
including the UK, India, middle east, far east, Sri Lanka, Bangladesh, Africa.
Slide 6
Slide 7
Certificate in Insurance
The Certificate in Insurance is a core
qualification for insurance staff
working across all segments of the
General Insurance industry
Three units are required to be passed Exam format – Multiple choice questions (MCQs) Record of achievement issued on passing each unit. On becoming CII member, successful candidates can use the designation ‘Cert CII’ From this the candidates can then progress to the Diploma / Advanced Diploma in Insurance
Slide 8
Certificate in Insurance & Financial Services
(dual specialisation)
This is a new qualification
especially launched for
students outside the UK
working in financial advice
and or Insurance or aspiring
to work in both. It offers a
solid grounding across broad
range of areas.
3 units required from the following 5 options
Exam format – Multiple choice questions (MCQs)
Record of achievement issued on passing each unit. On becoming CII member, successful
candidates can use the designation ‘Cert CII’
Slide 9
The Award in Financial Planning India (AWI) – Course Content:
Financial Planning Needs
Fact-Finding Process
Good Adviser Practice
Protection Products
* Savings and Investment Products
Pension Products
* This section includes main features of personal taxation in India
Slide 10
Award in Financial Planning India (AWI) - Exam requirements:
Details Criteria
Minimum study time 60-70 hours
Number of CII credits 10
Training deliver FPA trainers
Type of examination Paper based
Type of questions 50 Multiple choice questions
Time to complete the exam 1 hour
Pass mark 70% (at least 35 correct answers)
Designation available to members on passing ‘CII (Award)’
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Why CII Qualifications?
– benefits for an individual
• Develops core knowledge and capability
• Career advantage
• Demonstrates expertise and commitment…. differentiates the individual
• Keeps abreast of technical and market developments
• Life long learning
• Universally recognized market designations
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Why CII Qualifications?
– benefits for Company
• Skilled and professional staff needed to perform roles
effectively and efficiently
• Supports consumer and regulator confidence
• Improved customer experience
• Aids retention and reduces attrition
• Supports career development leading to overall growth
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