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  • An operating model for shareholder value.

Client Stories

An operating model for shareholder value.

Redesigning insurance broking operations from the ground up.

Global changes

A large insurance broker wanted to reinvigorate their strategic transformation programme. This was expanded shortly after its start when the organisation merged with another global leader.

Gobeyond Partners was appointed to support the delivery of this global programme, with the aim of delivering increased shareholder value through aligning the business operating model and offering across the entire group.

The first territory to embark on this transformation was chosen due to competition in the area placing increasing pressure on margins.

As such, significant changes to the existing operating model were required in order to achieve continued growth:

  • New segmentation model
  • Centralised placement function
  • Role segregation across the business
  • Process standardisation and improvement
  • Operational management
  • Relocation of work to off-shore hubs

Planning & implementation

We worked with the senior team to identify a number of changes to transform the business in this territory, delivering a $6m benefit over 3 years.

We implemented four workstreams to unlock these benefits:

1.  We facilitated the location strategy development for all operational activity, successfully relocating work.

2. We built a new operations function tailored specifically to the new operating model; ensuring seamless cross-functional working.

3. The work was organised in support of the new model. Each client segment now had a dedicated team, ensuring a consistent client experience, but maintaining flexibility for seasonal demand fluctuations.

4. To ensure the teams were upskilled and the change sustainable, we rolled out tailored Institute of Leadership and Management (ILM) accredited Operations Management training for managers and leaders, reinforced by a comprehensive coaching programme.


Sustainable results

10% cost reduction: The decrease in operating costs led to an increase in earnings before interest and taxes by 5%.

Customer experience: Standardisation reduced internal variability by 80% – hugely reducing variation in the client journey.

Sustained change: Around 95% of leaders were trained in our intensive Operations Development Programme (ODP), and have now achieved ILM accreditation through our coaching.

This project has become a case study example for other territories to replicate; laying the foundations for delivery of the promised value to the markets and shareholders.

Our Thinking

Insight
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Simon Coulbeck looks at the most significant industry challenges and opportunities within UK Utilities and predicts some key areas that will be on the sector’s agenda in 2023.

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News
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Richard Chataway appointed Director of new Nudge Practice bringing 15 years’ experience in delivering positive business outcomes through improved CX

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News
Gobeyond Partners and Brain Tumour Research: Making a Difference in 2022   

2022 was a successful year of fundraising for Brain Tumour Research with an aim to raise £13,700 to help fund the fight against this type of cancer. We are delighted to announce that we exceeded this target, raising a total of £14,300. 

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44 Great Marlborough St, Carnaby
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W1F 7JL

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