1 / 12

Stuart Scullion, Chairman AMII

Stuart Scullion, Chairman AMII. Protection Association 20 th November 2015. History. Established 1998 as an Intermediary Association Typical membership 1-2 employees Circa 30 members Agency guarantee Buying group Preferred product focus Discounted Professional Indemnity cover

fwanda
Download Presentation

Stuart Scullion, Chairman AMII

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Stuart Scullion, Chairman AMII Protection Association 20th November 2015

  2. History • Established 1998 as an Intermediary Association • Typical membership 1-2 employees • Circa 30 members • Agency guarantee • Buying group • Preferred product focus • Discounted Professional Indemnity cover • Regulatory & compliance support • Financially unsutainable!

  3. AMII Mission Statement • “AMII is the voice of the UK health and wellbeing industry, representing Intermediaries, Insurers and product providers. It aims to inspire consumer confidence by providing information and advice relating to health, protection and wellbeing products and services through the promotion of independent and impartial advice.”.

  4. AMII now….. • 140 members • 124 intermediaries • 16 Corporates • Sustainable financially • 10 strong Executive Committee • Significant focus toward employee wellness • Respected industry commentator • Representative voice of the health & wellbeing industry • 3 principal events per year

  5. AMII Objectives • To promote a coherent and cohesive single voice representative of the industry as a whole • Central focus for commentary on industry issues • Uphold the Code of Ethics and Conduct • Demonstrate the ability to self regulate • Raise professional standards • Lobby Government and Regulator • Industry Education

  6. Attraction to Intermediary members • Central voice • Access to exclusive products • Ask an Expert / Find an Expert lead generation • Regulatory & Compliance support • Education & training CPD points • Professional qualification • Code of Ethics • Networking

  7. Attraction to Corporate members • Access to the Intermediary distribution channel • Dedicated Insurer Focus Group to share information and debate industry issues • Participation on the AMII Executive Committee • Lead industry focus groups / market research • Speaker opportunities at AMII Events • Open debate panel participation • Joint industry voice to Government and Regulators

  8. Benefits of Corporate Membership • Articles within the AMII Members Newsletter • News items to AMII members by Email alerts • Dedicated Corporate “Member Zone” and links to Insurers own website • Inclusive stand space at AMII Conferences and events • Marketing material included in delegate packs • Training support for Chartered Insurance Institute examinations

  9. AMII Committee Structure AMII Executive Committee AMII General Secretary Insurer Focus Group Intermediary Focus Group Education & Standards Committe Finance Committee Membership Committee Website Project Group Meetings & Events Committee PR & Marketing Committee

  10. Insurer Focus Group • Improve Consumer Awareness and Grow the Market • Competition Commission • Electronic transfer of underwriting information (EDI) • Letters of Authority / Appointment • Commission Structure • CII Examination

  11. Fee structure • Based on annual premium written • Intermediaries £200 - £1500 per annum • Corporate members £5000 - £12500 per annum

More Related