Event - 13:15, 15th March, 2018
Melissa Collett - Professional Standards Director, Chartered Insurance Institute
“Professional Standards and the Insurance Profession”
The Old Library, Lloyd's, Lime Street, London, EC3M 7HA
In this joint BILA and IIL lecture Melissa Collett will talk about the meaning of professionalism, ethics and duty of care in the context of insurance, and how to put professionalism into practice. She will also explain the professional body's role in raising standards of professionalism across the insurance sector.
Professionalism is vital to building public trust in insurance. Professionalism is not just about following regulator's rules and regulations. It's about creating the right culture and ethical standards. Breaking down professionalism into three key elements: competence, ethics and duty of care, can help put professionalism into practice. The Chartered Insurance Institute is here to help insurance professionals on their journey.
By the end of this lecture members would have gained an insight into:
- The 3 key elements of professionalism for insurance professionals
- How to put professionalism into practice
- The professional body's role in raising standards across the sector
Melissa joined the CII in September 2017, leading its professional standards, ethics and conduct activity. She is also responsible for its legal affairs and risk management. She brings significant insurance and legal experience to the role, having spent over a decade as Senior Ombudsman at the Financial Ombudsman Service, as a Director of Fairer Finance, and as a Tribunal Judge.