Report

Gauging North American P&C Industry Sentiment on Tactics to Enhance CX

As policyholder retention becomes even more important than in previous years, enhancing CX can play a major role.
/

Boston, April 23, 2019 – The headwinds facing property and casualty carriers are effectively forcing them to focus less on growth plans and more on policyholder retention, since keeping business already on the books is less expensive than attracting new business. One of carriers’ retention tactics is to improve the customer experience. So what are carriers and their vendors doing to enhance that experience?

This Impact Note examines carrier executives’ sentiment about a variety of CX-related matters, such as the efficacy of CX efforts, the CX efforts their firms are currently deploying, and the steps along the policyholder journey where CX would be best deployed. It is based on a survey of 48 executives at P&C insurance carriers and insurance technology vendors in North America conducted between February 2019 and March 2019.

This 23-page Impact Note contains nine figures and four tables. Clients of Aite Group’s P&C Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.

Related Content

Cash Forecasting: Global Trends and Regional Differences

Cash forecasting remains a top priority for corporate treasurers, especially in times of market volatility.

Loss Prevention Is the Best Medicine

Emerging technology is creating more effective exposure management and recovery opportunities.

The Way Forward for LAB Carriers: Greenfield and Brownfield Operation

The rapidly evolving LAB market necessitates a strategic approach to core system modernization.

Get Summary Report

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.