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01/12/2022 | Category: BGL Insurance News
Major local employer, BGL Insurance (BGLi), is celebrating this week after it won two industry accolades at the prestigious Insurance Times Awards in London. The leading digital distributor of personal lines insurance, whose head office is based in Bretton, Peterborough and employs over 1,000 people in the city, was named ‘Personal Lines Broker of the year’ and also scooped the gold award for the ‘Best use of technology (Distribution).
The technology award recognised the work of BGLi teams in driving operational and customer benefits through the implementation of its ambitious digital agenda. The progress the business made in automation has been key to success over the past year, not only in terms of customer feedback, efficiencies and commercial benefit, but also in talent development. The second award demonstrates BGLi’s market stand-out, with the judges recognising that 2022 was a year of exceptional change for the business following its acquisition by Markerstudy Group. This year, BGLi achieved strong 35 per cent year-on-year profit growth, all while managing over 1,700 colleagues and almost three million customers through a period of real adjustment.
Peter Thompson, Chief Executive Officer of BGL Insurance, said: “These awards really do highlight the exceptional year that we’ve had as a business. I’m incredibly proud of all our teams for their hard work and dedication in continually striving for excellence. Not only has the business been through considerable change this year but the wider insurance industry has also experienced a significant regulatory shake-up but through it all, our customers have remained central to our decision making and service delivery. To win these awards in what is BGL Insurance’s 30-year anniversary, is the icing on the cake! What a way to end 2022!”