Allianz’s Hanks is CII President

The Chartered Insurance Institute's (CII) has elected Chris Hanks was its 114th president, taking over from Barry Smith, chief executive of Fortis UK.

The CII elected Julian James, chief executive officer of Lockton International, as deputy-president.

Promote value of insurance

Hanks said: "It's a great honour to take the presidency of the CII and particularly in the run up to the centenary of our Royal Charter in 2012.

“I would like to pay tribute to all that Barry Smith has achieved over the last year especially his work as chairman of the general insurance taskforce, and on the Aldermanbury Declaration which reaffirms the essential role of professionalism in our sector's future.

"The insurance sector must promote its value to the public and raise its standing and reputation with the public.

Attracting talent

“As a member of the professionalism task force, and now as president of the CII, I intend to be a strong advocate for the Aldermanbury Declaration and the promotion of talent within the sector and attracting the best from outside.

“A sector-wide commitment to a common framework for professional standards will create a virtuous circle of better outcomes for customers, resulting in improved public trust and confidence, which will in turn attract more talented people to pursue a career in our profession."

Wide experience

Hanks joined Allianz UK in 1999 when Cornhill acquired the AGF Insurance business in the UK. He initially trained as a property and casualty underwriter but moved into sales, branch operations, reinsurance and marketing.

He has managed a number of businesses including a major personal lines business, a Direct Writing start-up (and subsequent sale) as well as both a regional and a London market commercial book.

He is currently general manager responsible for the commercial business of Allianz UK and a member of the management board.