Presenting the report CII director general Dr Sandy Scott highlighted the growth in membership which has risen from 66,400 in 2002 to in excess of 83,000 today. "I am confident" he told members at the CII's AGM, "that we will exceed our target of 90,000 members by the end of 2005."
He also pointed to successes in other areas, "the number of CII students has risen, our range of services has expanded, our global presence has increased and our partnerships have produced outstanding results. This is a picture of success but we need this growth to pursue our key objective of the advancement of our profession."
During the year CII partnerships have seen the formation of the Faculty of Claims with CILA, the development of the award winning broker ASSESS competence system with BIBA, the creation of an 'insurance university' with Cass Business School, the foundation for online CII exams throughout the world with City & Guilds, the outsourcing of Lloyd's Training Centre to the CII and the merger of the Society of Financial Advisers with the LIA to create the Personal Finance Society.
Dr Scott said, "Our results should give us confidence that we are meeting the very real needs of our constituency and helping create a culture of professionalism and excellence to which the whole industry can aspire."
The CII has also achieved a rebalancing of its income sources to make it less dependent on the financial services sector by increasing general insurance exam volumes from 27% in 2001 to 43% in 2005. A programme of diversification will see the CII develop future education services for the life and pensions provider sector, securities and fund management, as well as further developing its e-learning and life-long learning provision.
