IFPD RESTRUCTURE - WHY?
• Wider opportunities/variety of work • Increase productivity
• Align to market & client needs • Develop new product offerings • Remain competitive • Increase revenue/leverage panels
• Clear, relevant structure • Drive collegiate culture
• Enhanced collaboration • Acquire and retain talent
• Management & governance structure • Enhance cross-selling opportunities
IFPD - VISION & BENEFITS
Align business line structure with the market and our client needs & ambitions
Refreshed market offering Ensure relevance of business lines to the UK & Global Insurance market. Increase market perception of strength & depth Partners and fee earners may naturally straddle multiple business lines. New products launched along and across business lines to reflect the product lines of the future Opportunity to focus and re-launch. Leverage and maximise existing panel appointments and enhance client development Virtual teams of Partners collaborating and targeting opportunities. Continuing to build our client relationships globally. Unparalleled coverage and defence expertise Collaboration across business lines to offer unrivalled strength and depth in coverage work and litigation strategy. Global alignment Opportunity to pilot in the UK a blueprint for future global structure. EXTERNAL BENEFITS
Enhanced organisational structure Opportunity to standardise and restructure into more effective team structures. Culture Management structure and teams to drive positive behaviour and collegiate culture across the group. Collaboration and cross-selling Partners to work more closely together on business lines, opportunities and innovation. Diversification opportunities Enhanced opportunities for junior resource prior to specialising. Opportunity to increase utilisation across the group through increased flexibility. Succession planning Ability to support and plan for future needs – talent management.
IFPD – BUSINESS LINE STRUCTURE
James Cooper/Helen Bourne/Nigel Chapman/Andrew Blair FP – James Roberts HR – Simon Jackson
Accountants and other PI
j Energy Engineering & Marine
3Page 1 Page 2 Page 3
Made with FlippingBook Learn more on our blog