Members of the Chartered Insurance Institute (CII) have voted in favour of modernising the professional body’s bye-laws.
The bye-law changes won the support of members at the CII’s annual general meeting, which took place on 26 June in York.
The changes will now be put to Privy Council for final approval to form part of the professional body’s constitution.
The changes include introducing a new Chartered title, called Chartered Insurance Underwriting Agent; enabling members to electronically attend and participate in general meetings; and appointing an independent chair to the board.
The chair will be appointed for a maximum of six years to drive strategy, ensure compliance with relevant regulations and governance practice, and progress the CII’s public trust agenda.
The board will also have four engagement members. These roles will be open to any CII member who has current experience of member engagement, such as local institute council members, members of PFS regions and members of the international advisory groups.
Sian Fisher (pictured), chief executive of the CII, said the changes will allow for much broader representation across the entire insurance profession.
“Underwriters are a significant community within our membership, and introducing this new designation will help to support, develop and maintain the high standards and best practice this specific sector adheres to,” she explained. “Also, enabling members to attend and participate in important meetings electronically means that no one need be excluded, which will benefit both the CII and our membership going forward.”