Consumers want warmer approach from insurance firms

September 8, 2010 by Reno  
Filed under News, News-Insurance

According to a recent report insurance customers in the UK are looking for a warmer, friendlier approach from insurance companies, with many stating that they would show more loyalty to insurance firms who demonstrated that they knew who they were and knew something of their insurance related history.

The survey was carried out by YouGov and was performed on behalf of Pegasystems. A number of areas of insurance were looked at as part of the survey including how consumers felt about their insurance companies and how consumers tended to contact insurance firms. The results of the survey showed that many insurance customers were looking for what was described as a ‘corner shop’ approach from their , making them feel more like a valued customer rather than another number on a long list of clients.

The results also showed that the most common and popular way for consumers to contact their insurance firm was to contact them by telephone. The figures showed that 42 percent contacted their insurance providers by telephone. The survey also showed that there appeared to be growing confidence in using the internet to make contact with such firms, with 22 percent stating that they used email to contact their insurance provider, making this the second most popular method of contact.

The third popular means of contacting an insurance company amongst consumers in the UK was to go and see someone at the insurance firm face to face, but the results showed that most people prefer phone or email to communicate with these companies.

Jeremy Payne, senior director of international marketing at Pegasystems, said: “The Pegasystems research confirms the view that, in a world of increasing commoditisation and mass marketing, many consumers want a return to a ‘corner shop’ approach in which the provider knows who they are, the challenges they face and can provide an individualised solution that demonstrably meets their needs.”

Tags: consumers, loyalty, Insurance, Pegasystems, Business and Economy, insurance providers, view, insurance customers

Related Entries

  • FSA launches payment insurance crackdown
  • The Financial Services Authority (FSA) is launching a crackdown on the payment protection insurance industry.FSA officials have expressed concern that some consumers may not be getting the best deal and the group intends to investigate.Mystery
  • ‘Misleading’ insurance firms slammed
  • A number of insurance firms have been slammed by the Financial Services Authority (FSA) for misleading customers.A number of high-profile firms have been told that they must stop using savings claims in their advertising that
  • Drivers will pay the price for calling
  • Drivers who flout the law regarding the use of handheld telephones while driving may find themselves paying for the act twice.AA Insurance warns that offenders are likely to end up paying for the crime through
  • More sneaky charges from car insurers over last six years
  • A recent report has shown how more and more vehicle insurance companies in the UK have started applying sneaky charges to the policies of consumers, contributing to the soaring cost of vehicle insurance. Over the
  • Credit card holders warned about buying abroad
  • People who intend on using their credit cards to make purchases abroad have been given advice by one expert to help them avoid losing money.Mark Bowerman, a spokesperson for UK payments association Apacs, urged people
  • Safe packing ahead of holiday
  • The holiday season is fast approaching and many of us will soon be packing our bags and heading off to warmer climates.However, travellers are being warned that they must take out insurance before setting off
  • Insurance sells process must improve
  • Firms which sell general insurance have been told that they must improve their standards when cold calling potential customers.The Financial Services Authority (FSA) is concerned that customers are not being treated fairly and the organisation
  • Cold weather could result in huge insurance claims
  • It has been claimed in a recent report that the cold weather that has swept across Britain could result in a billion pounds worth of insurance claims this year. The claims has been made by

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!