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The Willis Networks team has become the first broker network team in the United Kingdom to be awarded the “Chartered Insurance Brokers” title by the Chartered Insurance Institute. The team, which is part of Willis Group Holdings P.L.C., manages Willis Networks, comprising the Willis Commercial Network and Willis N².
According to Willis, “chartered status is an exclusive title only awarded to firms that meet rigorous criteria in relation to professionalism and capability. To achieve this status the Willis Networks team was able to demonstrate to the CII that it works in an ethical manner and places the clients' interests at the heart of the advice it gives.”
“This demonstration of our professionalism is a key part of our network strategy,” said Sara Fardon, managing director-Willis Networks, in a statement released Wednesday. “Our network members are renowned for their quality and so it's essential that the Willis team can demonstrate our own commitment to quality and professionalism.”
Willis said that to date, fewer than 100 firms have achieved chartered status, but of those more than over 10% of all chartered UK brokers are Willis Network members.