Increasing insurance company prepares for the future
10:00am Sunday 6th April 2014 in News
ANDOVER’S fastest-increasing business is guaranteeing it continues to thrive with the launch of a degree-degree apprenticeship scheme which could prove to be a game-changer for the insurance coverage sector.
Be Wiser Insurance commenced with just 3 personnel in 2007 in a small workplace in the town.
Today it employs 535 in 5 offices in Andover, is about to get a sixth workplace and has spent £1 million on instruction in excess of the previous 3 many years.
It has been in the Sunday Times Quickly Track top 100 firms for the past 3 many years.
Now chairman and chief executive officer Mark Bower-Dyke is sharing his recipe for achievement by making an apprenticeship to educate schoolleavers how to be the ideal in the enterprise.
“Although there are 380,000 personnel functioning in today’s insurance coverage industry, it is estimated that fewer than 10 per cent are competent,”
Mr Bower-Dyke told individuals at the launch of Headstart.
Headstart is an apprenticeship scheme based at the firm’s Andover academy which will give schoolleavers with 5 GCSEs the possibility to have a degree-level qualification by the age of 21.
Passionate about raising requirements in his market, the CEO added: “Our business will only continue to increase if our personnel are much better qualified, we are doing work to boost our employees and their prospective customers.
“We love Andover, we have 5 offices right here and we are functioning to get larger by getting greater.
“We can only do that if we are capable to train and bring forward the appropriate people.”
Headstart was unveiled at Synergy 2014 – an occasion specifically directed at Andover and Basingstoke schools to show head teachers and career advisors what Be Wiser could offer you school leavers.
Among these who attended were Tony Parsons, head of Harrow Way, and representatives from Winton Local community Academy and John Hanson School.
David Gleave Test Valley Borough Council’s economic growth officer also praised Be Wiser.
He explained: “In latest many years colleges and companies have split wider apart, and it’s a lot more puzzling than ever for young men and women with tuition costs and all that business.
“Be Wiser is bridging that gap locally and from the council’s level of see, it’s brilliant!”
Be Wiser has created a bespoke 4-classroom academy in London Street, Andover and will enrol thirty GCSE students who need to attain the Chartered Insurance coverage Institute (CII) Certificate within their first 31 days. Inside 2 years they ought to have reached CII Diploma level – the equivalent of 3 A-levels.
The college leavers’ starting up salary will be £12,000, but as soon as they have the diploma they will acquire a salary of £18,000, plus uncapped bonuses.
Tony Parson’s mentioned: “Apprenticeships supply a good option for our students to contemplate.”