The 129,000-member Chartered Insurance Institute will hold its first ever virtual AGM in October.

More than 2,500 Chartered Insurance Institute members will take their exams online over the next few months as the professional body shifts to remote testing and remote invigilation due to the pandemic.

The Chartered Insurance Institute is offering discounted learning materials to furloughed members who work in insurance and personal finance and have been hit financially by the Coronavirus outbreak.

The Chartered Insurance Institute has extended the term of its President Nick Turner after being forced to delay its annual AGM due to the Coronavirus outbreak.