The Chartered Insurance Institute has recognised the outstanding contribution of seven individuals to the insurance and financial services industry by granting them Honorary Fellowship (Hon. FCII) of the Institute.

Fellowship is the highest professional status that the CII can confer and in the past decade the CII has only used the facility to award Honorary Fellowships on one previous occasion.

The seven new Honorary Fellows are:
Lord Levene of Portsoken KBE – chairman, Lloyd’s
Sir David Prosser – former group chief executive, Legal & General
Ken Davy – chairman, Simply Biz Services plc
Fay Goddard – deputy director general, AIFA
Stewart Ritchie OBE – director (Pensions Development), Scottish Equitable plc
Keith Satchell – group chief executive, Friends Provident & Chairman, ABI
Chris Woodburn – former chief executive, General Insurance Standards Council.