Unicorn signs Ground Breaking Deal with CII
Unicorn Training Group has signed a new 5 year agreement with the Chartered Insurance Institute (CII), to provide e-learning services for the UK insurance and financial services industry. The agreement is expected to generate over £20 million of revenues over the five year term.
Unicorn has been CII's e-learning development partner since 1988. Working together CII and Unicorn have built the leading e-learning provider in the insurance sector, delivering a wide range of competence, compliance and career development services to over 500 companies through the ed. online learning management system (LMS). Many of the largest financial companies in the UK subscribe to ed. or have their own bespoke portals carrying the CII e-learning content, and there are now over 150,000 individual users of the service.
The contract includes development of new courseware, maintaining the existing range of over 500 hours of learning and thousands of assessment questions, hosting the ed. LMS and custom versions of Unicorn's "STUDYserve™" platform, plus joint marketing and sales activities.
Unicorn Managing Director Neill McWilliams welcomed the new agreement. "This contract is a recognition of the very close working relationship that Unicorn has with CII and it provides the basis for further substantial growth as e-learning becomes established as the primary means of competence assessment in UK insurance."
CII Director of Business Development, Norrie Erwin, welcomed the new agreement. "CII is dedicated to promoting higher standards of competence and integrity at all levels and across all sectors of our industry in a diverse, fast-moving market. This new agreement with Unicorn will play an important part in strengthening our pre-eminent position catering for the learning and development needs of the financial services community."