Benchmarking Studies

Discover how your organisation’s cover compares to your peers and competitors.

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How do organisations know if their insurance strategy is similar or worryingly different to others in their market? They ask a firm who reviews corporate insurance 365 days a year.

Testimonial(s)
“The Lion Partnership (TLP) bring a wealth of knowledge and industry experience to the negotiating table. We had a difficult negotiation with our lead broker as they went back on their word, and TLP held them to account.

I found the process simple and straight forward to follow. TLP have a methodology that works, and delivered a very good outcome for the organisation.

In my view, you have nothing to lose. TLP bring their skills to the table (and) provide a solution for the organization with minimal assistance from myself. (We were) very satisfied with TLP. They are prompt, accurate, and deliver on time."

David Wilson
CEO
Tyrepower
Testimonial(s)
“The Lion Partnership (TLP) bring a wealth of knowledge and industry experience to the negotiating table. We had a difficult negotiation with our lead broker as they went back on their word, and TLP held them to account.

I found the process simple and straight forward to follow. TLP have a methodology that works, and delivered a very good outcome for the organisation.

In my view, you have nothing to lose. TLP bring their skills to the table (and) provide a solution for the organization with minimal assistance from myself. (We were) very satisfied with TLP. They are prompt, accurate, and deliver on time."

David Wilson
CEO
Tyrepower

Knowing how your insurance measures up against your peers is a powerful piece of corporate intelligence. It allows you to locate yourself within your competitor set, and helps you decide where you want – or need – to go.

Our Benchmarking Studies demonstrate how your existing strategy sits in comparison to other organisations of comparable size with similar business activities and insurance needs.

The process focuses on the two key components of your insurance: coverage and pricing. It then benchmarks them against comparable organisations to allow you to fully evaluate and measure the performance of your own insurance.

A Benchmarking Study allows you to answer:

  • How much are my competitors paying for insurance?
  • What special kinds of cover have been taken up in my industry?
  • What special kinds of cover have been abandoned?
  • How have insurers reacted to new regulations that affect my industry?

The results will help clarify the adequacy of your insurance program, and allow you to make more informed decisions about your coverage and risk financing strategies.

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