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Cornerstone HR Software Case Studies

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The Corporation of Lloyd's of London oversees 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 – meaning continuous learning and compliance are critical for its people and stakeholders. In 2016, an employee feedback survey revealed that learning was considered too London-centric, supply-driven, and reactive. Lloyd's addressed this by establishing the Lloyd's University as part of its holistic learning strategy. It was also aware that many of the smaller organisations within the broader insurance market wouldn't have the time or resources to implement their own modern learning systems, and knew it needed a scalable solution that would help with its commitment to supporting firms and upholding the Lloyd's reputation as a provider of high quality development solutions. 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, while also developing and innovating to keep up with the changing nature of the business. Creating a marketplace for learning Industry: Insurance Region: Global Live since: 2016 # of users: 1,000 Business Impact: Improved engagement with users across the globe and achieved 100% completion rate a year ahead of schedule LEARNING SUITE LEARNING - EXTENDED ENTERPRISE PERFORMANCE SUITE

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