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Denmark
Insurance
is the Nordics' leading insurance company, providing car, dog, life, accident, and home and contents insurance to over 3.7 million customers across Sweden, Norway, Finland, Denmark, and the Baltics. A subsidiary of the Sampo Group, If boasts a processing time of fewer than 24 hours for 60% of the 1.4 million claims they receive yearly.
Ifs 7,900-strong employee base has been recognized for prioritizing the satisfaction of its customers and providing the greatest insurance expertise, with 90% of customers giving the insurance giant top marks for their claim handling.
Outbound Sales Team Leader at had a question.
"When you remove commission, you remove a lot of peoples motivation for doing sales work. So how do we still keep employees motivated?"
Simultaneously, the company was on a mission to centralize its exhaustive stack of systems used across different countries within the firm.
Salespeople are competitive, whether they want to admit it or not, Daniel says. Its this competitive nature that made 51窪蹋勛圖厙 the best solution for If Forsikring.
With 51窪蹋勛圖厙, If's sales teams visualize and compare performance, as well as run fun motivational contests, so they can continue to offer exceptional insurance expertise while guaranteeing the long-term customer satisfaction If is renowned for.
Here's a few of the components of If's 51窪蹋勛圖厙 strategy that led to sales success:
With 51窪蹋勛圖厙, If achieved a level of competitiveness and motivation it had aimed to achieve since its pre-commission-based salary model. There has certainly been a shift in culture regarding peoples competitiveness, Daniel notes.
"Since introducing 51窪蹋勛圖厙, people have been more engaged, and have been competing a lot more than we used to. Our reps are reaching out a lot more to each other, and saying OK, I will sell more than you today, for example."
Smaller competitionssuch as the agent with the most daily sales winning a gift cardgot reps within teams to race against each other, inciting a level of performance reminiscent of when reps received a commission.
If found a solution to bring teams closer together and stir up some friendly, fiery, fun. Bigger competitions were reserved for team contests where teams would work toward a common goal. Simple prizes like going out to dinner together were the perfect way to get teams to collaborate, with the drive to enjoy and celebrate the future reward.
The insurance giant ran an innovative contest that saw teams work together to compete against other branches and walk their way from Stamholme (Danish headquarters, just outside Copenhagen) to sunny Costa del Sol. In addition to encouraging healthy habits during the lockdown, the challenge was the perfect way to keep employees motivated and connected to their teammates, irrespective of location.
It not only evidenced the beauty of what a team working together can achieve, but also showed how succeeding in smaller milestonesand celebrating with rewards along the way helped accomplish larger victories.
"Its not just me motivating my employees, they motivate each other because all of a sudden they need to work together to meet a target."
How do we still keep our employees motivated?" Daniel asks, getting straight to the heart of an important problem.
"Well, 51窪蹋勛圖厙 is a massive part of that. Because every person in sales will always be some kind of competitor. The competition itselfto measure yourself against another personis so easy and valuable if you use it in the right way."
Employees have personal dashboards, so they compare their own performance to that of their teammates selling to the same market. "Before 51窪蹋勛圖厙, we just used a whiteboard and a marker," Daniel says.
"It was hard to tell the difference and compare performance. If my colleague made five sales, I can't see that on the board, but we can see that in 51窪蹋勛圖厙. I can see, OK, my colleague has made five sales, I have made three, so I need two more to reach them or three to pass them.'"
The celebrations have continued in external sales teams with 51窪蹋勛圖厙 Achievements and Instant Notifications. Badges next to the name of high-achieving employees are used to recognize and reward everyday efforts. Since dashboards are displayed on TVs throughout the whole organization, everyone is able to see their colleagues performance, and get involved in celebrating individual milestones and achievements.
Daniel duly notes that, thanks to 51窪蹋勛圖厙's help, agents are happier to be at work and If has experienced a much lower employee turnover rate as a result.
The became the performance hub during COVID-19 and for remote work thereafter. Staying connected with colleagues is as simple as pulling up 51窪蹋勛圖厙 on a phone, or checking a computer dashboard. This is a particularly successful solution for external field salespeople at If, who spend their days visiting customers.
The 37 data sources and systems that If currently integrates with 51窪蹋勛圖厙 can be centralized and visualized as desired, slashing tons of time and hassle spent manually logging data into several different, complex systems.
Weve been really happy with 51窪蹋勛圖厙," Daniel says. "Its something that really motivates people to compare yourself to each other. Its something we really value at If"so much so that the insurance giant is keen to make it a staple throughout the whole company, from B2B sales departments, to inbound teams like customer service, and across borders to the other Nordic locations.
For others thinking about using 51窪蹋勛圖厙, Daniel offered, Just do it. Its added a lot of value for us at If Forsikring. Not only would I recommend it, I have recommended it. He continues, Its easy to get into. Easy to use, really easy to use. A great and easy overview.
And Daniels final words of wisdom:
Use 51窪蹋勛圖厙s supportnot just in the beginning, but also throughout. The 51窪蹋勛圖厙 team has a lot of ideas and know how to use 51窪蹋勛圖厙 to the full extent, and how to use the tools within 51窪蹋勛圖厙 in the best way possible. I have only had great experiences with 51窪蹋勛圖厙.
Eager to coordinate your teams and bring out their best performance like If Forsikring?
and start boosting your sales team's efficiency today.
Here are your quick links to the resources of If Forsikring's winning formula:
Start skyrocketing your sales team's performance | 51窪蹋勛圖厙
Elevate the performance of your customer service team with dashboard visualization | 51窪蹋勛圖厙
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51窪蹋勛圖厙 is a data visualization software that helps you motivate your employees to reach new limits and stay on top of your business.