Direct Line Group celebrates two years of Idea Lab

Published on

Direct Line Group recently held an event at Bafta, which saw 86 Idea Lab submitters, come together in recognition of the ingenious, and sometimes simple, ways they have helped the business.

Idea Lab has been going for two years, resulting in £3 million savings.

Since launch, staff working at Direct Line Group have submitted over 5,000 ideas to the forum. Some of these top ideas have included checking whether a vehicle has a valid MOT and is legally roadworthy before making a claim and drivers carrying tool kits when returning vehicles to customer in case any further minor damage arises on the delivery.

For ideas that save the company money, idea instigators can receive 1% of the money saved – up to a maximum of £50,000. So far, a total of £126,000 has been awarded to colleagues and charities.

More than 80% of staff have signed up to Idea Lab and nearly half of all suggestions have made things easier for Direct Line Group customers.

Simon Linares, HR director, Direct Line Group, said: “We’ve created a culture which rewards people for challenging ideas and thinking differently, as well as delivering results. As a result, our fantastic colleagues feel empowered to challenge our process and the ideas lab ensures that their ideas are heard, and implemented. This helps us as a business deliver for our customers, making insurance much easier and better value.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...

Walsham Brothers expands adviser reach with Paradigm Protect panel deal

Walsham Brothers has added Paradigm Protect to its growing list of distribution partners as...

OakNorth joins financing for BetterHome acquisition of Stonebridge parent

OakNorth has joined HSBC and Investec in a senior lending club backing BetterHome Group’s...

Latest publication

Other news

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...