Mutual Insurance Companies

Are your members asking for more value? Would they be happier with increased dividend distributions or reduced future premiums? That’s likely, but how can you manage that?

What if there was a mutually beneficial way to help both you and your members? Perhaps a way to bring them more value, and to bring you higher retention. Well, here’s a little secret: there is.

You can increase retention rates and increase member satisfaction through properly used risk management tools. Did you catch that? And with a much larger emphasis on the voice of the customer, those tools need to be used in order to bring value. When they are, you’ll see a strengthened cross-sell strategy, predictive data analytics to ensure you’re ahead of the curb and an improved brand reputation; all while getting more satisfied members and improving their overall experience which can lead to deeper loyalty – positively affecting retention. It doesn’t seem so difficult after all.

Start bringing the value today by contacting Enquiron to learn more.

Recommended Resources

Big Data Burdens: How Insurers Can Do More With Less

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May the Force Be With Your Value Proposition

Value propositions often look very similar these days. When employers seek our coverage, they’re looking for a value proposition that stands out. Make sure yours does.

A Magnetic Personality Will Only Get You So Far

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Powering Through the Competition with Your Team

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How successful client engagement increases retention rates

Clients want to feel that sponsoring organizations care about them. Nurturing that relationship and understanding the why and how it impacts your bottom line is the key to successful retention.