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Become a member

All new applicants are expected to be professionally qualified in insurance and/or have the necessary experience from having held senior management, or academic positions where insurance has played a prominent part, for instance as a lawyer or an accountant. In addition to an annual membership fee – traditionally called Quarterage – plus a one off joining fee, there is also a commitment to make a modest annual contribution to support the work of the Company’s charitable trust.

Every Livery Company has two categories of membership: Freemen/women and Liverymen/women

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Becoming a Freeman/woman

The first membership step is to apply to become a Freeman/woman of the Company, which means you must be proposed and seconded by two Liverymen/women. A Freeman/woman may attend most of the Company’s events and bring guests.

A Freeman/woman will also usually wish to apply to become a Freeman/woman of the City of London. Membership of this exclusive group is conducted at a private ceremony in the Guildhall to which family and friends can be invited. Gaining the Freedom of the City is a necessary step if you wish to progress to become a Liveryman/woman.

Becoming a Liveryman/woman

A Liveryman/woman is a full member of the Company. As we are limited, like every Livery Company, to 400 Liverymen/women by the Court of Aldermen, progression to the Livery is subject to selection and vacancies.

You must first gain the recommendation of the Membership Committee and approval of the Court by demonstrating that you have been playing an active part in the Company. Once ’clothed in the Livery’ you are entitled, after a period, to additional honours such as eligibility to vote for the Lord Mayor of London.

Only Liverymen/women may become Court Assistants, and this again is by invitation. Once on the Court – our governing body – you then have the opportunity to be elected as a Warden and ultimately, Master of the Company.

Some Masters of the Worshipful Company of Insurers have gone on to become Sheriffs or Lord Mayor of the City of London.

Becoming an Associate

The Associate programme is an opportunity for younger members to experience the livery at a reduced cost for up to two years before deciding whether to progress to full membership and become a Freeman/woman.

The Associate programme is run through our section for younger members – iENGAGE – which runs informal network events and offers career development support.

More about iENGAGE

Associate Programme – details and fees