Monday Jan 23, 2023
How can brokers and insurers give a voice to their heritage clients’ concerns? with Faith Kitchen from Ecclesiastical
Run time: 14.57
Description:
Ecclesiastical’s latest Heritage Risk Barometer has recently been released. Compiled following 500 interviews with heritage leaders across the sector, the report offers an insightful lens into the key concerns and issues facing heritage organisations and provides suggested routes to managing the risks. These include the alarming economic consequences of the cost-of-living crisis, increasing inflation and the rising cost of building materials, alongside difficulties surrounding staff and volunteer recruitment and retention, sustainability and crime.
Throughout the episode, we discuss the report’s key findings, and the profound importance of listening to customer needs when considering proposition development, which can facilitate improvements to broker services. The Heritage Risk Barometer is listed in the resources below.
Quote:
“What the barometer is doing is giving the sector a voice. It is raising these issues, and it's helping our audience, brokers in particular, to have a different type of conversation with their clients or their prospects, understanding their needs, and the issues that surround their environment in a bit more detail.”
Resources:
Ecclesiastical’s 2022 Heritage Risk Barometer –Heritage Risk Barometer | Insights (ecclesiastical.com)
Ecclesiastical’s 2020 Heritage Risk Barometer – Heritage Risk Barometer | Insights | Ecclesiastical
The Ecclesiastical Heritage Index – The Ecclesiastical Heritage Index
Enterprise Risk Management – Enterprise Risk Management | Ecclesiastical
Faith Kitchen’s LinkedIn Profile: https://www.linkedin.com/in/faith-kitchen-7b8a076/
Adrian Saunders’ LinkedIn Profile: https://www.linkedin.com/in/adrianksaunders/
About the Guest
Faith Kitchen, Customer Segment Director at Ecclesiastical, is responsible for developing and maintaining our products and propositions to meet the needs of our specialist target markets. She maintains relationships with a number of key bodies in the heritage, charity and education sector, to ensure we fully understand what is important to customers and can develop useful insight and thought leadership. Faith is a member of the Underwriting Leadership Team.
About the Host
Adrian Saunders, Commercial Director at Ecclesiastical, is responsible for delivering Ecclesiastical’s UK intermediated business. Before joining Ecclesiastical, Adrian held senior roles at Marsh, Zurich and Hiscox. Away from insurance, Adrian is a self-confessed cycling addict. Combining his passions for charity giving and cycling, he previously raised funds for charity by completing London Ride100 three times and cycling across Vietnam and Cambodia.
Disclaimer
This guidance is provided for information purposes and is general and educational in nature and does not constitute legal advice. You are free to choose whether or not to use it and it should not be considered a substitute for seeking professional help in specific circumstances.
Accordingly, Ecclesiastical Insurance Office plc and its group companies (“Ecclesiastical”), shall not be liable for any losses, damages, charges or expenses, whether direct, indirect, or consequential and howsoever arising, that you or any third party suffer or incur as a result of or in connection with your use or reliance on or action taken (or not taken) by any other party, caused by that or any other person’s use of or reliance on the information provided in this guidance, except for those which cannot be excluded by law.
In viewing the guidance, you acknowledge that over time the information provided may become out of date and may not constitute best market practice that it is subject to change and new editions may be issued to incorporate such changes and that Ecclesiastical have no duty to provide such changes.
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