Stuart Scullion, Chairman AMII Protection Association 20 th November 2015

 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! History

“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.”. AMII Mission Statement

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

 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 AMII Objectives  Lobby Government and Regulator  Industry Education

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

 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 Attraction to Corporate members  Joint industry voice to Government and Regulators  Access to the Intermediary distribution channel

 Articles within the AMII Members Newsletter  News items to AMII members by 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 Benefits of Corporate Membership  Training support for Chartered Insurance Institute examinations

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

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

Fee structure  Based on annual premium written  Intermediaries £200 - £1500 per annum  Corporate members £ £12500 per annum