National PI Accountants

Out of 8 responses

Peer Group Ranking

Overall Ranking (Out of 16 Markets)

Net Promoter Score


An NPS answers the question, "how likely are you to recommend this product or service to a colleague, peer, or friend?' Respondents answer the question on a scale of 0 – 10, 0 meaning they are not at all likely to recommend the product or service and 10 meaning they are extremely likely to recommend the product or service.

-88

NPS score


Average NPS score (overall)

Lockton ranked the following KPIs as most important to them


1

Quality of Product Coverage

2

Easy to do Business With (Good Communication, Turnaround times, Access to Decision Makers)

3

Flexibility (Terms, Pricing, Wordings)

KPI Scores


Feedback from our Associates


What you do better than your peers

  • Their wording is strong.
  • They are a good scheme insurer.

Elements you could improve on to better trade with our Lockton team

  • Engagement with us over the phone and in person could both be worked on.
  • Arch should reduce the number of follow up questions and lists of subjectivities.
  • Consistency from them is key.
  • Arch should increase their dedicated resource.
  • Arch should improve their visibility and willingness.
  • They should have quicker response times.
  • They should be better with their communication.

Our team’s thoughts on what makes insurers they trade with ‘Best in Class’

  • Excellent local relationships and desire to discuss risks.
  • Underwriting expertise and relationship.
  • Response times and communication with underwriters.
  • Availability of experts with flexibility to trade.
  • They are visible, willing and reasonable with complex coverage.
  • Flexibility, ability to use Lockton Wordings and ability to price to win.
  • Service, pricing and technical knowledge.
  • Regular communications and broker visits to discuss risks.

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