Progress in 2005
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We developed and implemented a new Product
Development Model that puts the customer at the
heart of all new product developments and changes to
existing products.
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Over 55 market research projects were conducted,
aimed at obtaining feedback on our product and
service performance from existing and potential
customers, IFAs and Business Partners.
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We provided a tool for our telephone based sales and
service employees to enable us to gather immediate
feedback from customers when they are calling about
our services or products.
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We introduced a two way communication process
through our Intranet called 'What's your Story?'
enabling staff to give examples of ways in which we
can look after our customers more effectively. Many
employees are also customers, so they are in a
unique position to give us feedback.
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We enhanced our award winning employee suggestion
scheme, 'Ideas In Action'. Over 1,200 ideas were
received from staff suggesting ways in which we can
improve customer service, many of which have been
implemented.
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Research was conducted into how customers who
complain are treated, and how they feel their
complaint has been handled. We've used this insight
to improve our complaint handling service.
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Our consumer website has been redesigned to make our
products more accessible to our customers, and has
been made compliant with the requirements of the
Disability Discrimination Act. This involved working
closely with the Royal National Institute for the
Blind. To improve our accessibility to non web users
we also provided over 1,200 items of literature and
communications in Braille, large print or audiotape.
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We introduced a new software tool to help front line
employees communicate more clearly with customers in
letters and emails.
We received a number of awards during 2005, including:
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Life Insurer of the Year Award 2005
— sixth year running (British Insurance Awards)
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Most Admired Insurance Company
— seventh time in eight years (Management Today)
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Provider of the Year in the Life
Assurance, Term Assurance and
Protection categories (Financial Adviser
Life and Pensions Awards)
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Our first ever 4* service rating
for both the 'Life and Pensions Providers' and
'Investment Providers and Packagers' categories
(Financial Adviser Service Awards)