Premium Credit Ltd winner of CIPD Awards for Best Organisational Development or Design Initiative 2023!

This year, Q5 partnered with Premium Credit, the no. 1 premium finance company in the UK and Ireland. Q5 were asked to support its preparation for a future sale, sought to drive to improve the financial performance of the business (operating in a more focused way and finding successful areas for growth). On September 21st, Premium Credit Ltd were awarded as winner of the CIPD awards!

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Ending the week on a positive note, we’re delighted that our organisation design work with our clients Premium Credit Ltd has won the CIPD award for the “Best Organisational Development or Design Initiative 2023.”!

Teaming up with Q5 consultants, Premium Credit Ltd embarked on a one-of-a-kind organisational design project earlier this year. Q5 went above and beyond for the client in clearly defining their operating model and structure, a clear implementation plan and capability framework to optimise their sales approach. This allowed them to exceed their 2021/22 targets, as well as their 2023 growth targets.

It was a pleasure working with Premium Credit to help optimise their sales function, and we’re delighted with the results they have achieved:

• Premium Credit were on track to grow in UK insurance by over half a billion pounds in 2022 – the biggest number in their 30+ year history
• As a result of the work, the sales team reported feeling far more efficient and confident in achieving strong results
• We developed a bespoke Sales Playbook/Blueprint, providing greater clarity of operation and direction in their day-to-day roles
• Winner of CIPD award, “Best Organisational Development or Design Initiative 2023”.

Watch the video here:

Congratulations to the whole Premium Credit team and the Q5ers involved in this project for this well-deserved recognition.

Click  here to find out more about this bespoke project which was delivered through close-working, hand-in-hand, consultants and clients.