Birmingham

Out of 17 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.

0

NPS score

Average NPS score (overall)

Lockton ranked the following KPIs as most important to them

1

Quality of Product Coverage

2

Flexibility (Terms, Pricing, Wordings)

3

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

KPI Scores

Feedback from our Associates

What you do better than your peers

  • Their engineering inspection - fantastic service and very flexible
  • The engineering team is flexible on cover
  • I predominantly deal with Zurich in respect of Engineering Inspection and contract works, they are responsive, keen to help and competitive
  • They respond quickly to existing clients when enquiries referred and are sensible in approach to premium
  • The quality of their people
  • Their capacity and ability to write larger risks
  • They are good at communicating
  • Their commercial approach to client relationships
  • The are good at providing coverage

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

  • They could better communicate re. appetite
  • They could be more competitive on price with property and casualty risks
  • They could improve by responding quicker to broking presentations
  • Zurich could improve their communication
  • Zurich could improve by expanding their capacity
  • They could be more aggressive with regards to liability pricing

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

  • Good communication and clarity around appetite, pricing and cover.
  • Flexibility, responsiveness and global capabilities.
  • Service, scope of cover, flexibility of underwriters' decision and approach to risk.
  • Good communication between team and underwriters, good policy wordings, accessible and responsive underwriters.
  • Good products, good relationships with BDM's and underwriters, willingness to write risks that aren't always straightforward and will work with you to find solutions.
  • Communication, flexibility and trust.
  • They work with you as a team to secure new business/renewal, and are accessible.
  • Response times and a 'can do' attitude.
  • Understanding, appetite, relationship, service delivery.
  • Communication and underwriters' ability to trade.
  • Communication and strength of relation, good turnaround times and the ability to listen to our clients' demands and needs in order to provide solutions best suited.
  • They are technical, relationship-focused, have a good speed of response and are flexible.
  • Are able to provide capacity, competitive pricing, and easy to trade with.
  • Honesty, service times, buy into working in partnership rather than against the broker. Technical knowledge.
  • Engagement, willingness to trade, flexibility (pricing and terms) responsiveness to issues/queries.
  • They have consistency, flexibility and commerciality.
  • They target clients within appetite and show flexibility.
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