EEF wins prestigious national insurance award

Release date: 14/07/2008

EEF, the manufacturers’ organisation has won the prestigious ‘Broking Initiative of the Year’ award at the British Insurance Awards for a groundbreaking insurance scheme which has saved companies substantial sums on their premiums by rewarding best practice.

EEF Insurance Services (EEFIS) was set up in response to escalating premiums and because companies felt they weren’t being rewarded for the investments they have made in health & safety processes to reduce their risk.

The innovative scheme has been developed in partnership with R K Harrison, a leading independent broker and comprises a panel of four of the UK’s leading insurance companies: Norwich Union, Travelers, AXA and Allianz. Launched in July last year, members who have converted to EEFIS have saved up to 46% off their existing premium with one company saving over £100,000.

Nominees had to display an ability to address customer needs, show the significant impact they’ve had on the market as well as the use of creativity and imagination used throughout the process. Held at the Royal Albert Hall, the annual British Insurance Awards is one of the most prestigious events in the insurance industry’s calendar, and over 2000 people gathered to acknowledge top performers.

Commenting, EEF Regional Manager, Tony Sarginson, said:

“This innovative award demonstrates the continued excellence of our business services and the value EEF can add to the bottom line of companies right across their business.”

Stuart Rootham, EEFIS Director says “This award is recognition of all of the hard work in providing EEF members with a service that not just meets their expectations, but exceeds them. The response from members to the service has been quite fantastic”.

Companies can find details of the scheme at www.eefinsurance.co.uk/

Notes for editors

For more information contact Jenny Russell 0191 4165656 jenniferrussell@eefnorthern.org.uk

EEF has more than 500 member companies in the North East of England and provides the most cost effective legal, employment law, employee relations and HS&E advice and training in the UK.

EEF employs teams of HR and employment specialists and has access to more than 60 lawyers and barristers to help its members understand the issues associated with the ever increasing introduction of legislation and regulation.

Membership of EEF gives immediate unlimited access to the team of specialists - including the largest specialist employment law team in the UK, which provides professional no-nonsense advice and guidance either by telephone or in person.

In addition, EEF represents the interests of its members at UK Government, European and international level, and can provide advice and support on issues and legislation that can affect almost every aspect of business.

Visit www.eef.org.uk/northern for further information

About R K Harrison

1. R K Harrison is a leading, fully independent insurance and reinsurance broker specialising in bespoke insurance solutions for businesses, associations and private individuals both in the UK and internationally.

With premiums in excess of £400 million placed annually on behalf of clients, R K Harrison has the expertise and strength to deliver quality products and competitive pricing. www.rkharrison.com

 

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EEF Limited is the organisation for manufacturing, engineering and technology-based businesses. It is an employers association regulated under Part II of the Trade Union and Labour Relations (Consolidation) Act 1992 and a company limited by guarantee. EEF Limited is registered in England and Wales, registered no 05950172, and its registered office is Broadway House, Tothill Street, London, SW1H 9NQ

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