Blanc: Insurers must address ‘unmet needs’

Incoming Chartered Insurance Institute (CII) president Peter Blanc, who is group chief executive of broker Aston Lark, has confirmed that a priority for his presidency is to ensure that the insurance industry works together “to address the unmet needs that exist today”.

Blanc replaced Aon UK chief executive Julie Page as CII president from 1 January 2022.

He said: “The insurance and personal finance profession needs to work together to address the unmet needs that exist today – everything from climate change and flooding to cyber risk, scams, later life care and protection gaps.

“All the drivers in society today tend to be away from advice – they are aiming to cut out the middleman and get the quickest deal at the cheapest price, but I worry that is not the right answer for the majority of the public.

“My aims as president will be to support the current and new [chief executive] in any way I can while working to further the CII agenda in building public trust in the insurance and personal finance profession and make sure we are effective in solving unmet needs and underlining the importance of advice in society.”

Blanc will initially work alongside CII chief executive Sian Fisher, however she is stepping down from this position at the end of March. Her replacement is yet to be confirmed.