The Hux Interviews: Graeme Trudgill, Executive Director at BIBA

BIBA has just shared this video of Mark Huxley’s interview with BIBA Executive Director, Graeme Trudgill at the close of BIBA 2014.

Hux quizzes Graeme on his highlights from this year's conference, and the exciting pieces of work he’s brought with him.

Watch the video to hear their chat in full and to see the new guides launched by BIBA at the event.

Less Poking, More Broking! What the industry wants from social media

The insurance world is overcoming its fear of Social Media and realising the growing need for having a presence on channels such as LinkedIn and Twitter. However, knowing why and where to be on social media is not enough. The key to success is in knowing the types of content to deliver and how to deliver that content to the right audience. Social media is about engagement and encouraging your audience to, believe it or not, socialise with your brand. Although the clue is in the name, it is all too easy to forget that communicating via these networks should be focused on what your audiences want to gain from following you.

The buzz surrounding the #BIBA2014 and #BIBAFever hashtags last week demonstrated that brokers are catching up with the idea of online socialising and increasingly turn to these channels seeking relevant and timely information.

So what do brokers want?

According to Insurance Age’s latest Spring Sentiment Survey, the majority of brokers (86%) want product information, implying that insurers’ content on social channels should be a visually appealing, informative showcase of their products.

However, content should never be 100% selling, and needs variety to spark attention and engagement.

Respondents could select more than one option, and over 45% said they follow insurers hoping for opinion or thought-leadership pieces via social media. 44% think the likes of Twitter and LinkedIn should be used for business updates during surge claims events, while only 11% are impressed by amusing posts.

What types of content do you engage with most??

 

[photo credit: Rosaura Ochoa]

We've moved to Finsbury Circus!

'Off the wall creative thinking' - quite literally! We've moved to our new offices just off London Wall. Fast outgrowing our previous space at Albion Mills, we recently went on the hunt for more room for us all, and have finally completed our move to Finsbury Circus. A few pictures still remain to be put up on the walls as we get more settled in, but the coffee machines are plugged in and ready to go, so we'd love for you to come and visit!

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We look forward to seeing you in our new home!

(click here for a map)

 

brandformula/Lamb bolsters team with new hires

In line with the continued growth of this specialist insurance and financial services marketing agency, the brandformula & Lamb team has seen a number of key new recruits join the company. Julie Jarvis has joined as events director, where she will support the large industry-wide gatherings such as the BIBA & Airmic Conferences that are a key part of their service as well as the client specific work they undertake. On the creative front Mark Leman has joined along with Dalia Merecinskaite as senior designer and designer respectively.

Completing the current round of joiners, Bradford Jordan has joined on a fixed term contract to widen the available resource within their digital communications services. He will be primarily assisting the in-house team with the delivery of their social media services.

Speaking of the creative additions, Nick Patchitt, the group's creative director commented: "I am excited at the outlook for Creative, Mark brings a wealth of brand identity experience from his time at some top creative agencies and Dalia has a wealth of skills to help drive our creative offering into digital, animation and other multi-media channels. The team is looking ahead with confidence at continuing to build on our track record of creating engaging brand identities and award winning campaign work, and the new additions to the team will help us move forward with real purpose."

Mark Huxley, executive director of brandformula & Lamb added: "This is a really exciting time for us. It will soon be 18 months since we merged the two businesses and the intervening time has seen a consistent period of growth, with increasing levels of support from existing clients and many new friends made. Being able to build our team in such a positive way is a wonderful testament to this and we are really looking forward to the great work they will deliver."

Playing the generation game in UK Insurance PLC

Do you know your Baby Boomers from Generation X, Generation Y and for that matter the newly appointed Generation Z? Generations X and Y already dominate the UK workforce by more than 65 per cent and culturally, they pose significant challenges for businesses and their relationships with customers.

I’m a child of the Baby Boomer generation (only just I might add!), having been born between 1945 and 1960. I find myself regularly noticing the differing subtleties between the Baby Boomer group, Generation X (1961-1980, or early 50’s-30’s) and Generation Y (1981-1995, or early 30’s to 19). What’s interesting is the rate at which those differences are becoming more apparent.

Within the next 5-10 years, Generation Y will come to dominate the purchasing market. From that point on, a whole new raft of deciders will prevail. Generation Y is driven by a high exposure to the media, the convenience of immediate access, on-demand services and an utter dependence on technology. Time magazine called them 'the most threatening & exciting generation since the baby boomers brought about social revolution'.

As customers, they expect far greater levels of engagement, accessible to them anywhere and at any time. For brands or organisations, it’s important to understand how your future target market wants to be communicated with, and through which channels, especially online.

In the workplace, employers would do well to understand the new and dynamic motivations of Generation Y. They require their roles to be more challenging and interesting, all whilst demanding clearer definitions of their career pathways than previous generations were ever afforded. This equally translates to their purchasing motivators.

Understanding the differences between these ever changing demographics will enable you to harness the right channels now to build relationships with new and existing customers, clients and partners. Failing to do so will hinder those future relationships, and stifle business growth.

It gets scarier

I’ve not really spoken about the scariest and most compelling generation of them all.

Anyone with younger families will no doubt notice the monumental differences in how their worlds are completely and utterly reliant upon constant connectivity to everything via technology. This new generation is being shaped by the legacy of the economic downturn, global warming, wiki-leaks, cloud computing, mobile devices, living their lives online & in public, self media production, unlimited internet speeds, instant access to all forms of music, video and the complete globalisation of everything. These technoholics, entirely dependent on their mastered IT skills and likely to launch nothing short of a full-scale panic alert during a power cut, have been branded Generation Z.

Generation Z will reshape the corporate world. Career multitaskers, they are far more likely to be found moving seamlessly between organisations, assuming short term roles whilst remaining plugged into digital media, eating 3D printed food and being permanently chauffeured by driverless cars.

And the most interesting part of it all? Generation Z started in 1995, which means they’re already moving into the workplace.