Your chance to meet our Innovation & Transformation finalists, LV=, who are embracing Systems Thinking to re-define planning and deliver on the ‘things that matter most’ to internal customers.
Planning transformation and systems thinking at LV= General Insurance (LV= GI)
See how Planning gained a seat at the top Customer & Ops table and built confidence in the plan, while at the same time genuinely supporting those accountable for ‘doing the right thing’ in their own area.
Systems Thinking is often seen as incompatible with planning, yet the Planning Team at LV= embraced the opportunity to redefine their purpose, gaining a mandate to pioneer new activity and support people using data to make decisions. They are empowering advisors and providing bespoke support to business leaders. Planning models have been stripped back and simplified, data reports automated and made visible. Self-serve for lifestyle planning has cut escalations to Planning by 80% and helped people feel ‘set free’. A sector-first tool for surges in demand in home claims is planning what’s ‘waiting to happen’, before it happens, in stormy times! The shift in thinking has helped raise colleague engagement 12% across the business – and support the key goal of exceptional customer experiences, with NPS up seven points to +72.
- NPS up seven points over two years, to +72
- Colleague engagement nine points above the UK high-performing norm
- 80% drop in need for TLs to validate CR requests
- Planning is doing more with 50% less FTE, vs 3 years ago
This story will inspire planning analysts, managers and business leaders who want to explore new approaches to planning for colleagues, stakeholders and external customers.
09:15 Introductions: Forum introduction and a quick introduction from everybody present
09:30 Finalist Story: The finalist shares their story in a presentation
10:00 Data, Automation & Planning Models - Meet the team: Speak to those involved about how they have delivered
10:20 Flexibility & Lifestyle planning - Meet the team: Speak to those involved about how they have delivered
10:40 Surge Planning - Meet the team: Speak to those involved about how they have delivered
11:15 Networking & Discussion: A chance for delegates to reflect and seek advice from the finalists
12:15 Takeaways & Next Steps: What have you taken from this session? What will you do differently?
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