Casualty ROW

Out of 5 responses

Peer Group Ranking

Overall Ranking (Out of 15 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.

-40

NPS score


Average NPS score (overall)

Lockton ranked the following KPIs as most important to them


1

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

2

Quality of Product Coverage

3

Flexibility (Terms, Pricing, Wordings)

KPI Scores


Feedback from our Associates


What you do better than your peers

  • Excellent Canadian team currently, with a good breadth of experience.
  • Their historically broad appetite for industries in Australia.
  • Their South African mining appetite.

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

  • Communicating underwriting appetite changes sooner and give clients a year to make a decision/change.
  • Better communication on changes in their book (reducing line size and appetite for Australian business).
  • More consistency across underwriters/territories .
  • Be more price competitive.

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

  • Appetite and coverage.
  • Broad appetite, flexibility in pricing, availability to meet underwriters in office/at box.
  • Responsiveness, competitive and supportive.

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