Crisis Management

*Less than 3 responses

Peer Group Ranking

Overall Ranking (Out of 20 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.

-100

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

Breadth of Appetite

KPI Scores


Feedback from our Associates


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

  • Response times, appetite, box presence in Lloyds.
  • Flexibility and communication.
  • Presence, flexibility and pricing.
  • Willingness to work on Binders/Line slips, efficient service and flexible.
  • They are lead markets. Good capacity and brand recognition with clients. Strong claims.
  • The service they offer, not just turn around times but also pricing/wording breath/commercial ability across all areas.
  • Capacity, pricing, response to queries.
  • Appetite, pricing and response times.
  • Service, innovation, open to ideas, flexibility, autonomy.
  • Ability to see risks within a portfolio rather than independent risks. Broad wording and product but with ability to be flexible with them to tailor to client.
  • Great levels of coverage, premium is at a competitive rate, they are easy to discuss new ideas with. Wide range of product offering, new areas of coverage which may appeal to certain clients.
  • Service, flexibility and relationships.
  • Willingness to review the more volatile risks, servicing renewal accounts well with quick turnaround times to retain accounts.
  • The response consultants they are partnered with, capacity, commercial approach to risks.
  • Fast communication, clear appetite, versatility on wording and pricing.
  • Appetite and flexibility.
  • Turnaround time, appetite, and expertise.
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