July 25th 2018

Lycetts has been awarded the prestigious corporate Chartered Insurance Broker status by the Chartered Insurance Institute (CII). Chartered status - granted by the Privy Council - is the industry’s gold standard and is awarded to firms which demonstrate commitment to the highest levels of excellence and professionalism among their staff.

Chartered status has only been awarded to a limited number of insurance broking firms in the UK.

According to the CII: ‘A corporate Chartered title is a commitment to an overall standard of excellence and professionalism, and evidence of that commitment to customers, partners and employees.’

Lycetts chartered status recognises the professional standard of service provided by all its staff. In particular, the standard ensures that CII qualified staff will continue to pursue Continuing Professional Development (CPD) and adhere to both the CII and Lycetts own high ethical standards, thereby ensuring that its clients’ best interests continue to be served at all times.

Lycetts Chief Executive Charles Foster says: ‘It is a prestigious designation with demanding qualification criteria. It signifies to our customers and to the rest of the market that we are serious in our pursuit of the highest standards of professionalism. It confirms that we have a commitment to professional qualifications and demonstrates our adherence to ethical good practice. All of which ties in with our vision that Lycetts should be one of the most trusted and ethical insurance broker and financial services adviser in the market today.’

The Commercial, Cliverton and Lycetts Financial Services (LFS) Divisions have already been individually chartered but this now applies to the whole company. Chartered status will also apply by extension to Farmers & Mercantile Insurance Brokers (FMIB) following their full integration with Lycetts on 1st January 2019.

Peter Knowles

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