Chartered Insurance Institute Building, London EC2 - geograph

The Worshipful Company of Insurers is one of the 110 Livery Companies of the

City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ...

. It ranks 92nd in the City Livery Companies'

order of precedence An order of precedence is a sequential hierarchy of nominal importance and can be applied to individuals, groups, or organizations. Most often it is used in the context of people by many organizations and governments, for very formal and state o ...

. Its motto is ''Omnium Defensor'', Latin for ''Protector of All'' and its church is

St Lawrence Jewry St Lawrence Jewry next Guildhall is a Church of England guild church in the City of London on Gresham Street, next to Guildhall. It was destroyed in the Great Fire of London in 1666, and rebuilt to the designs of Sir Christopher Wren. It is the ...

. The Company was formed and became a Livery Company in 1979, on the same day as the Actuaries' Company. The Company is not just a society for those related to

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

and

reinsurance Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insu ...

but it also supports general charities and the education of students studying in the insurance field, and assists the relief of members, retired members or members suffering hardship, and the wives, widows, children, orphans and others depending upon them. The Company is based at Insurance Hall on Aldermanbury, near

London Wall The London Wall was a defensive wall first built by the Romans around the strategically important port town of Londinium in AD 200, and is now the name of a modern street in the City of London. It has origins as an initial mound wall and di ...

, a building owned and managed by the

Chartered Insurance Institute The Chartered Insurance Institute (also known as the CII) is a professional body dedicated to building public trust in the insurance and financial planning profession. The CII's purpose, as set out in its 1912 royal charter, is to 'Secure an ...

and shared with the

Worshipful Company of Firefighters The Worshipful Company of Firefighters is one of the 110 livery companies of the City of London. The Company's aim is to promote the development and advancement of the science, art and the practice of firefighting, fire prevention and life safe ...

. The Company is a member of the Financial Services Group of Livery Companies, the other 11 members of which are the Worshipful Companies of Chartered Accountants,

Actuaries An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. These risks can affect both sides of the balance sheet and require asset man ...

Arbitrators An arbitral tribunal or arbitration tribunal, also arbitration commission, arbitration committee or arbitration council is a panel of unbiased adjudicators which is convened and sits to resolve a dispute by way of arbitration. The tribunal may con ...

International Bankers The Bank for International Settlements (BIS) is an international financial institution owned by central banks that "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work thr ...

, Chartered Secretaries and Administrators, Information Technologists, City of London Solicitors,

Management Consultants Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...

, Marketors, Tax Advisers, and World Traders. The Company's governance and activities are managed through a number of committees. These include iWIN, iNED and iENGAGE.

References

External links

The Insurers' Company

Insurers Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

1979 establishments in England {{UK-org-stub