Insurance 360 Research: Business Insurers Insight Report 2012
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand and customer service levels has never been more vital. The British Insurers Insight Report 2012 details the front-line service performance of the broker market’s 40 most-used commercial insurers and MGAs. What do brokers think of your competitors? What do they think of you?
The Study
Now in its third annual edition, the BIIR delivers actionable insights on service strengths, weaknesses and potential improvements - coupled with invaluable competitor intelligence.
This year's study ran from late August to early November 2011, gathering comprehensive responses from 360 commercial broking professionals.
With 26 300 informed service grades on the market's 40 most-used insurers to go on, plus more than 3000 supporting comment the BIIR is the UK's largest and most respected independent study of commercial insurers' service performance.
Research Methodology
Each year, we ask a cross-section of commercial brokers to grade insurers they have used during the previous 12 months on six core aspects of service. We then calculate scores and rankings for each of these aspects - and, from these, for insurers' performance on service overall. We also invite broker comment on service, relationship management and technological matters.
The report generates detailed two-page, thousand-word performance profiles on each of these 40 insurers and MGAs, plus 25 pages of detailed background and analysis of core service issues.
Dedicated sections deal with the following:
• new business
• calibre of underwriters
• documentation
• quality of cover
• renewals process
• claims handling
• business development support
• and online quote-and-bind technology
On each aspect of service, we score and rank the 40 leading commercial insurers and analyse key issues and developments.
Insurers and MGAs covered in the BIIR 2012:
Ace, Ageas, Allianz, Angel, APC Underwriting, Arista, Aviva, AXA, Beazley, Brit, Catlin, Chartis, Chaucer, CNA Europe, Ecclesiastical, Equity Red Star, Fusion, Groupama, HCC International, Hiscox, HSB EIL, Liberty International LV, Markel, MMA, NIG, Novae, QBE, RSA, Sterling, This, Towergate, Tradex, Travelers, UK General, WR Berkley, Zurich
BIIR 2012: Consultancy Editions
For insurers keen to really get to the bottom of service matters, we can also offer unique Consultancy Editions of the BIIR, comprising the standard report plus 30-60 pages of detailed custom analysis. We provide results for every aspect of service by geographical region and class of broking firm, full verbatim broker commentary and enhanced insight and conclude with actionable recommendations for the specific insurer in question.
For further information, to order or to request a sample insurer profile, please contact: Peter Joy on 020 7316 9814 or via email.
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