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Chartered Status - Press Release

November 2020

magenta insurance, the Specialist Property MGA, has achieved corporate Chartered status from the Chartered Insurance Institute.

Catherine Bell, Chairman of magenta insurance said “We are delighted that the hard work and professionalism of our team has been recognised and that our endeavours to place our distribution connections and policyholders at the heart of our business ethos, has been rewarded with Chartered status. The support of our Brokers and IFA’s is something we hugely appreciate, together with the support of our A-rated insurers. We have been aiming for this type of quality since we founded the company almost 30 years ago and are pleased that the recently introduced Chartered Insurance Underwriting Agent status finally helped us to evidence our commitment to offering the highest standard of service.”

Every firm that holds Chartered status adheres to an ethical code that underpins broader commitments to professional values. These commitments include putting customers’ interests first, investing in ongoing development of their people’s technical skills and knowledge, plus supporting wider initiatives that benefit society as well as the growth of the profession. Sian Fisher, Chief Executive of the Chartered Insurance Institute, said: “By achieving Chartered status magenta insurance has publicly committed to a customer-first approach. We commend this business for showing commitment to the Chartered ethos.”