The Chartered Insurance Institute (CII) has simplified the application and renewal process for corporate Chartered status.
In May, the CII revealed it was relaunching its corporate Chartered proposition for the insurance and financial planning profession.
From this month, anyone applying for, or wishing to renew, their corporate Chartered status will be able to do so using a new application form.
Unlike the previous application and renewal process, the new form will automatically calculate whether a business meets the criteria for staff.
For Chartered insurers and insurance brokers, it will automatically count if all of the board are members, and it will automatically calculate if 90% of customer-facing staff are members.
The new application form also asks whether the applicant is seeking Chartered status for a division or the entire company.
There is a new section about corporate social responsibility and what the business is doing to give back to the profession. This has been introduced to allow firms to demonstrate how they contribute to building public trust and promoting professional standards.
Steve Jenkins (pictured), development director of the CII, said the new application form better reflects what Chartered represents with the addition of a corporate social responsibility section.
“Also, by providing prompts and removing the need for manual calculations, it should speed up the process and make it much more intuitive, transparent and user-friendly,” he added.