English Case Studies

Case Study LLOYDS

Cornerstone HR Software Case Studies

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Lloyd's of London is the world's leading insurance market, providing specialist insurance services in over 200 locations. It has around 1,000 employees, but its market includes 30,000 to 40,000 people in syndicates and broking firms across the globe. The company operates in a volatile and ever-evolving space covering unique risks – from the very first motor car to America Ferrera's smile, meaning continuous learning and compliance are critical. Employee feedback showed that employee learning at Lloyd's was too London- centric, with employees not having a clear understanding of the training and learning available across the organisation. The learning system was supply driven and workshop-based, transactional and reactive. In 2016, Lloyd's wanted to combat this by establishing the 'Lloyd's University', which would raise digital learning standards, help it become the default learning provider for insurance, to align with the company's overall HR strategy of retaining talented people within the industry and developing their professionalism and expertise. Why Cornerstone? Lloyd's needed a modern system that would help it roll out a high-quality unified, relational and proactive learning system across its global market. It wanted to be able to electronically link development plans to the learning curriculum, so employees could easily access career goals and increase experience, and to be able to constantly develop and innovate, while keeping up with the changing nature of the business. Modern learning brings insurance company closer to vision Industry: Insurance Region: Global Live since: 2016 # of users: 1,000 Business Impact: Successful pilot project completed a year early, improving global learning access and talent readiness LEARNING SUITE LEARNING - EXTENDED ENTERPRISE PERFORMANCE SUITE

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