Modern Insurance Magazine Issue 65
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
EDITORIAL BOARD<br />
Steering Sustainability<br />
Criteria for a Global Collision<br />
Repair Industry<br />
At BASF, sustainability lies at the core of what we<br />
do. We create surface solutions with a clear value to<br />
our customers, the environment, and society. On the<br />
journey toward climate neutrality, BASF is striving<br />
worldwide to achieve net zero CO2 emissions by<br />
2050, and to reduce its greenhouse gas emissions by<br />
25 percent worldwide by 2030 compared with 2018 –<br />
all while growing its production volumes.<br />
BASF’s Coatings division is engaging in discussions with industry<br />
partners, including industry associations, insurers, work providers,<br />
fleet and leasing operators and bodyshops in order to establish a<br />
global certification standard in the automotive refinish industry.<br />
This will go some way towards managing the growing demand for<br />
sustainable accident repairs and the need to create one uniform<br />
standard based on tested criteria. The criteria will provide guidance<br />
to bodyshops on how to become more sustainable.<br />
“We observe that the importance of sustainability is increasingly<br />
recognised in our industry, yet the industry is lacking a set of uniform<br />
tools to empower them to do so holistically. At BASF, we continue to<br />
actively promote sustainability with our products and digital solutions<br />
so our customers can make better informed and accountable<br />
decisions,” explains Dr. Rahel Reichmann, Head of Sustainability,<br />
BASF Global Automotive Refinish Coatings Solutions.<br />
First dialogues around the criteria for an industry-wide independent<br />
sustainability standard took place with relevant industry stakeholders<br />
in 2023. The standard draws upon a catalogue of quantitative and<br />
qualitative criteria from the fields of ecology, economy, and social<br />
affairs. Based on these criteria, the bodyshop’s level of sustainability<br />
will be assessed. Aspects such as the reduction of CO2 emissions,<br />
the efficient and profitable handling of waste and resources, and the<br />
creation of economic and social value are all considered to ensure<br />
that bodyshops can position themselves successfully in the long term.<br />
BASF has already started to test these criteria with pilot bodyshops in<br />
Germany.<br />
At BASF, we understand climate change is one of the most urgent<br />
challenges facing today’s society and the generations of the future.<br />
At our production sites, and along the entire value chain with our<br />
partners, we work continuously to reduce greenhouse emissions from<br />
our business activities.<br />
BASF – we create chemistry for a sustainable future.<br />
Dr. Natalie Wong,<br />
Marketing & Portfolio Management Lead, BASF Automotive<br />
Refinish UK & Ireland<br />
FMG: Bringing<br />
Careers to Life<br />
If ever there’s been an ideal time to perfect your ‘right<br />
first time’ approach, it’s now. The likes of Amazon<br />
and Uber have crafted a new baseline expectation for<br />
customer service with their personalised interfaces,<br />
instant gratification and frictionless transaction. The<br />
insurance world is also busy levelling up.<br />
Yet whilst investments in AI, automation, and digital analytics tools<br />
provide a faster, smoother, more engaging customer experience, they<br />
also contribute to a fresh new challenge for insurers in the form of<br />
shifting skills and retaining the right talent. This is one of the biggest<br />
challenges insurers currently face, and it is keenly felt by customers.<br />
To optimise the value of these digital investments, insurers need<br />
a perfect blend of technical skills complemented by a focus on<br />
customer engagement, empathy and empowerment.<br />
Here in the motor claims arena, FMG have restructured operational<br />
teams with both customer and colleague at the centre, developing<br />
expertise from within and delivering a sustainable, robust best-inclass<br />
claims management solution, one that simultaneously delights<br />
our customers and releases the potential of our colleagues.<br />
Bringing careers to life<br />
As technology automates repetitive administrative tasks within<br />
our claims management system, our dedicated skills development<br />
team engage and prepare our colleagues to optimise their capacity<br />
for satisfying roles that add greater customer value. It’s all about<br />
fostering key agile skills – the ability to empathise, advise, negotiate,<br />
support and proactively recognise customers’ needs – that help us<br />
get it right first time.<br />
New starter training<br />
Training new starters to take the driving seat isn’t just about building<br />
outstanding customer service skills. It’s also about fostering employee<br />
retention from the start, setting inspiring goals and providing<br />
the right training and tools, alongside employee recognition in a<br />
supportive environment that allows their confidence to soar. Our new<br />
recruits take part in a robust 10-week training programme involving<br />
a mix of classroom-based learning and ‘Grad Bay’ training, where<br />
dedicated coaches and mentors provide constant support.<br />
Quality training<br />
Every quarter, our Downtime Management Team takes part in a<br />
half-day of quality auditing, training and coaching. This is a great<br />
opportunity to discuss skills and capabilities, positively identifying<br />
areas for improvement alongside an open discussion around<br />
aspirations and opportunities. Our key focus is quality, consistency<br />
and embedding knowledge, which directly links to our ‘right first<br />
time’ approach.<br />
Reskilling, upskilling and succession planning<br />
Reskilling and upskilling is critical to developing our own talent<br />
pipeline for the future. Our skills development team ensure we have<br />
a robust and consistent approach to colleague development at every<br />
level, supporting employees from every angle as they strive for new<br />
positions that align with their career and life goals.<br />
Here at FMG, we’ve investing heavily in training, restructuring, skills<br />
development and employee engagement to provide a more fulfilling<br />
employee experience and delight customers, boosting colleague<br />
retention in a place that Millennials would actively choose to work.<br />
Luke Macrae,<br />
Head of Downtime Management, FMG<br />
MODERN INSURANCE | 27