Penny Black's insurance week

penny-black

Penny recently had the pleasure of catching up with newly appointed British Insurance Brokers’ Association chief executive Steve White, hoping to gain an insight into his plans to change the sector for the better.

White, clearly trying to make an immediate mark in his new role, has already been affecting change but perhaps not in the most obvious way. His first decree was to make Bourbon biscuits compulsory in Biba meetings, coining the collective noun a “delight of Bourbons”. While it wasn’t quite the attack on the overregulation of broking Penny was expecting, a mandate on tasty treats is certainly something to believe in.

Meanwhile, being a fan of Star Wars, like any right-minded moviegoer, Penny was impressed with the way broking giant Willis has embraced the franchise as part of its directors’ and officers’ programme. The intermediary, clearly with George Lucas fans in its midst, named its new scheme Darcstar – a reworking of Dark Star, the flagship for the 77th Task Force dedicated to cleaning up corruption in the Empire. Hoping to get in on the act, insurance market fans have come up with their own nickname for the scheme – Obi-Wan D&Obi. May the force be with them.    

This article was first published in the 2 May edition of Post 

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Claims service stayed steady at end of 2024

The consistent improvement in claims service seen over the last 18 months plateaued at the end of 2024, with the market average NPS remaining at -4 and just one point up on the NPS recorded at the end of 2023.

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