Gilchrist Standard is a ratings agency that allows insurance brokers to benchmark themselves against peers and an industry 'ideal'. It helps them better understand the suitability of their operation and to quickly identify and mitigate potential risks.
Why concise reports are vitally important.
“I’m sorry for writing such a long letter; I didn’t have time to write a short one.”
Whether you attribute this famous quote to Mark Twain, Charles Dickens, Blaise Pascal or another, the message remains the same – it takes time to reduce and refine messages down to that which is necessary.
While focussing on pertinent content takes time, it is time well spent. Every professional person is bombarded with information each day, some of which goes unread and unanswered due in no small part to a lack of time.
When Gilchrist Standard created the template for the report that firms receive following the self-assessment process, one thing was clear from the outset – it must be SHORT AND CONCISE.
Most firms broadly know their ‘hot spots’ and things that they should consider. The role of the Gilchrist Standard report is to capture these improvements in bite-sized chunks and enable the firm to move immediately into the steps needed, without wading through page after page.
If you would like a snapshot of your firm’s performance, please email helpdesk@GilchristStandard.com. The report is ideally suited to validating your existing compliance provision and identifying previously unknown risks or areas of potential improvement.