Finance Breaking news L&G sees clients move online during Covid last financial news

Breaking-Finance.Com - Since the start of the COVID-19 lockdown about six months ago, Legal & General has helped over a million more customers with their online services, recent usage data shows.

Finance Breaking news L&G sees clients move online during Covid last financial news

Breaking-Finance.Com - Since the start of the COVID-19 lockdown about six months ago, Legal & General has helped over a million more customers with their online services, recent usage data shows.

Finance Breaking news L&G sees clients move online during Covid last financial news
21 September 2020 - 08:45

Breaking-Finance.Com - Access to digital self-service channels has increased rapidly, with 72 percent more customers logging on and 4.6 million visits to legalandgeneral.com as the business evolves its digital services. Additionally, there has been a 40 percent increase in visits to Legal & General’s consumer-facing website. The average number of customer enquiries that the group has answered online has also increased from 10,500 in 2019 to 83,000 by the end of H1 2020. Almost 24,000 of these submissions were COVID-19-specific questions. “Much digital change has been driven out of necessity this year. It’s a reminder of how critically important it is for businesses to have robust operational processes that can flex significantly according to circumstances. Arguably, the pandemic has irreversibly changed the way that we as consumers conduct our daily lives, and managing our finances is no exception.

.” Robert Jamieson, Chief Digital and Technology Officer Between March and September, Legal & General saw an 82 percent increase over the same period last year in customers carrying out actions online such as completing quote applications, accessing documents, nominating beneficiaries, switching funds and updating their profiles. As stock markets have fluctuated, investments and savings customers have returned to their accounts upwards of three times per month to check holding values, far more frequently than in previous months. Like many other companies, Legal & General had to quickly move their workforce to homeworking, but the company also incorporated a number of new digital processes and procedures to enable customers to continue using their products and services, including: Customers can now make pension benefit claims over the phone as well as sending payment instruction forms by post Customers can sign documents digitally with DocuSign Bereavement notifications can be submitted via our website. The introduction of Digital Trust has allowed customers to put their policy in trust without a wet signature Customers can now send marriage, birth and death certificates digitally LegalandGeneral.com’s interactive chatbot has been updated to provide a more personal service All payments are now being accepted electronically The past six months have prompted Legal & General to accelerate its strategic digital roadmap. The company is working to ensure that all customers can access their policy information and support tools at the touch of a button so they can make the informed decisions they need to secure their financial wellbeing, whenever and wherever they choose. Robert Jamieson adds: “COVID-19 has forced many businesses to make changes in a few months that would otherwise have taken years. Given the radical transition we’ve been through, and knowing we are not through this yet, I’m proud of how we have demonstrated our agility as our team and continued to give our customers a great service during this time.” 

Source = Breaking-Finance.Com

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Finance Breaking news L&G sees clients move online during Covid last financial news


Finance Breaking news L&G sees clients move online during Covid last financial news


Finance Breaking news L&G sees clients move online during Covid last financial news


Finance Breaking news L&G sees clients move online during Covid last financial news

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