Members of the four groups will network with other rising stars from the profession, meet key Financial Conduct Authority (FMA) personnel and members of parliament, and learn how to handle the media before working together on a project they believe could make a difference to the insurance profession and the public they serve.
The CII said the initiative allows a new generation of professionals to “explore ways to increase public trust in the profession, innovate insurance products, plus update processes to ensure unmet needs are addressed.”
To join, applicants need to send in their CV plus a few lines about why they consider themselves to be a rising star in the profession. The closing date for applications is August 10, 2021.
“The CII’s New Generation programme always attracts individuals with fresh perspectives and insight into the way the profession currently works and how it can change to ensure it remains relevant to consumers,” said Keith Richards, chief membership officer of the CII. “The programme is a great opportunity for rising stars to acquire skills to help them climb to the top of the profession and improve the way it delivers for the public in the years to come.”
Meanwhile, the CII has also recently published a guide for consumers that it says will “help them take simple steps earlier in life that will financially prepare them for later life and could save them thousands of pounds.”
According to the CII, the guide “does not talk about financial services products, but about the kind of conversations people can have throughout their lives to dramatically improve their wellbeing, both as carers and people needing care.”
“Throughout our lives, we have conversations and make decisions that may seem trivial at the time, but they can save us tens of thousands of pounds or prevent huge amounts of stress for both ourselves and the most important people in our lives,” said Sian Fisher, chief executive officer of the CII. “This guide aims to help people make those small, simple steps to help prepare for the risks in later life.”