Technology has made the barrier-to-entry lower than ever. It seems like every week, a new insurtech is announced. And there is a steady stream of mature carriers launching their own digital-first products to meet the demands of modern policyholders.
The remaining insurance companies are beginning to ask, "How can we retain policyholders in a market with increasing alternatives and decreasing switching-costs?"
Check out the following infographic to learn how a few simple changes can turn your customers into loyal brand advocates.
If you give your current policyholders an exceptional experience, they’ll be more likely to stay with you, month-after-month, year-after-year, which can lead to a significant increase in revenue.
Want to learn more, or have more questions? We are here to help. Get in touch and let's start a conversation.