InMoment XI

APRIL 25, 2024

REPORT 2024 Financial Services Online Reputation Benchmarks Report InMoment’s 2024 Financial Services Online Reputation Benchmarks Report provides a top-level view of the state of reviews today for the financial service industry — and how these reviews reflect the experiences financial services consumers want to have.

Financial 260

Financial Management 2024 Banking 260

CSM Magazine

JANUARY 31, 2024

The insurance industry is shifting and making digital transformations for good to match increasing expectations and the changing landscape of modern technology. The market dynamics are in constant development as more personalized services that suit the customers’ needs and provide all kinds of flexibility are being prepared.

Insurance 59

Insurance Customer Service Customers Technology 59

Quadient

JANUARY 21, 2022

Four steps for improving insurance policyholder customer experience. Heightened competition, increased consumer expectations and declining customer loyalty are hurdles that many insurers are facing today. When your interactions look and feel personal, customers will feel you understand their needs.

Insurance 52

Insurance Customer Experience Customer Journey Mapping Touchpoint 52

ReviewTrackers

MARCH 31, 2021

Improving customer retention can prevent billions of dollars of lost revenue in the insurance industry. What’s worse than losing billions in revenue is the amount that insurers have to pay to acquire new customers. Reducing customer churn requires insurance companies to think outside the box.

Insurance 123

Insurance Customer Retention 2017 Transportation 123

InMoment XI

JANUARY 28, 2015

My team and I have been lucky enough to have worked on customer experience optimization projects with more than a dozen major health insurance carriers over the past couple years. Many of these client relationships were a direct byproduct of the Affordable Care Act (Obamacare) and its impact on the industry. View Article

Insurance 227

Insurance Loyalty Article Customer Experience 227

Quadient

JANUARY 21, 2022

How insurers can user personalized video to improve customer experience. Heightened competition, increased consumer expectations and declining customer loyalty are hurdles that many insurers are facing today. When your interactions look and feel personal, customers will feel you understand their needs.

Insurance 52

Insurance Customer Experience Customer Journey Mapping Customer Centricity 52

InMoment XI

JANUARY 28, 2015

My team and I have been lucky enough to have worked on customer experience optimization projects with more than a dozen major health insurance carriers over the past couple years. Many of these client relationships were a direct byproduct of the Affordable Care Act (Obamacare) and its impact on the industry. View Article.

Insurance 200

Insurance Loyalty Article Customer Experience 200

InMoment XI

JANUARY 28, 2015

My team and I have been lucky enough to have worked on customer experience optimization projects with more than a dozen major health insurance carriers over the past couple years. Many of these client relationships were a direct byproduct of the Affordable Care Act (Obamacare) and its impact on the industry. View Article

Insurance 200

Insurance Loyalty Article Customer Experience 200

Talkdesk

DECEMBER 17, 2020

As revealed in a new report by Talkdesk Research, customer loyalty is on the line at every touchpoint. Customer experience (CX) is the differentiator for businesses in all industries. CX stakes are rising, and customers have the power to vote with their wallets. The challenging news is that it’s hard to do.

Insurance 106

Insurance Financial Contact Center Touchpoint 106

Experience Investigators by 360Connext

FEBRUARY 9, 2021

Is customer experience worth it? C-level leaders want to know if customer experience (CX) is worth the investment. Customer-focused employees across marketing, sales, HR, and other departments want to know if new CX initiatives are worth pushing for. So… Is customer experience worth it?

Customer Experience 261

Customer Experience Net Promoter Score Culture ROI 261

Hallmark Business Connections

SEPTEMBER 2, 2021

However, they’re growing increasingly discerning about where they put their money, right down to the health insurance they choose. Health insurance is an extremely competitive industry. Customers have many, many choices, and they know it. How an Empathy-First Approach Can Benefit the Health Insurance Industry.

Insurance 72

Insurance Healthcare 2021 Connections 72

SaleMove

JULY 9, 2021

Supercharge P&C Insurance Sales with the Digital Customer Experience. The Property and Casualty (P&C) insurance industry is being dramatically transformed by digital technologies that are shifting the customer relationship back to the carriers. Customer-Centricity Accelerates Success.

Insurance 52

Insurance Sales White Paper Customer Centricity 52

inQuba

FEBRUARY 7, 2023

Helping customers achieve their goals so that you can too As an insurance professional you spend a lot of time thinking about your policy holders’ journeys, especially in a business environment that has completely transformed. As an insurer, your two overarching challenges are policy holder acquisition and retention.

Insurance 52

Insurance 2023 2027 Customer Journey 52

Feedbackly

JULY 30, 2020

Customer Experience (CX) has begun to impact more and more industries as of recently, and insurance is one of them. As an industry that.

Insurance 96

Insurance Customer Experience Customers Loyalty 96

InMoment XI

OCTOBER 10, 2022

The Power of a Good Customer Experience. 81% of companies who are able to deliver customer experience excellence outperform their competition. Source: Peppers & Rogers Group, Customer Experience Maturity Monitor, 2009) An improved customer experience directly affects the bottom line.

Net Promoter Score 490

Net Promoter Score White Paper NPS 2005 490

Interactions

OCTOBER 15, 2020

In recent years, the insurance sector has experienced an uprise in disruptive innovation. Combined with the disruption caused by the pandemic, there is a huge opportunity for insurers to transform the way that they do business, especially in customer experience. 1: Make an Investment in Digital Transformation and AI.

Insurance 62

Insurance Marketing ROI Innovation 62

InMoment XI

JANUARY 18, 2022

It’s never been more important to stay tuned into employee and customer experience trends. In the past few years, businesses have had to pivot countless times in order to adapt the experiences they provide customers, employees, and the greater market. This is where InMoment’s newest report comes in.

2022 493

2022 Measurement Entertainment Hospitality 493

InMoment XI

AUGUST 2, 2023

In our latest report, State of Customer Experience: 2023 UK Consumer Study in partnership with NPSx by Bain & Company, we uncovered the differences between industries and brands and how each brand represents certain values. Start by delving deep into your customers’ perspectives, their pain points, and their expectations.

NPS 260

NPS Customer Centricity Culture Automotive 260

ShepHyken

AUGUST 28, 2023

Top Takeaways: Authenticity and personalization can strengthen business relationships, build trust, and create emotional connections that lead to repeat business and loyalty. They break through the clutter of digital communication and create a meaningful connection with customers and clients.

Customer Experience 70

Customer Experience Insurance Loyalty Connections 70

Beyond Philosophy

APRIL 4, 2019

Branding is a critical topic in Customer Experience. We discussed where branding and Customer Experience interact and prioritize in a recent podcast. We also explained how the two concepts are crucial to creating brand and customer loyalty. Customer Experience delivers against that promise.

Loyalty 130

Loyalty Brands Insurance Call Center 130

West Monroe

AUGUST 22, 2022

This kind of reasoning, while certainly not erroneous (there are nearly 900 different insurance companies in the U.S., A slew of eCommerce retailers such as Warby Parker and Zenni have entered the space to deliver on the promise of a simpler patient experience and upfront pricing. Shaking up the status quo.

Insurance 52

Insurance Healthcare Retail Consumers 52

Talkdesk

DECEMBER 17, 2020

As revealed in a new report by Talkdesk Research, customer loyalty is on the line at every touchpoint. Customer experience (CX) is the differentiator for businesses in all industries. CX stakes are rising, and customers have the power to vote with their wallets. CX strongly influences customer allegiance.

Insurance 53

Insurance Financial Contact Center Touchpoint 53

Alida

JULY 11, 2017

Customer experience is middling at best, and that’s troubling for brands. Forrester’s 2017 Global Customer Experience Trends report found the vast majority of firms in digital and traditional retail, banking and insurance around the world only earned the research firm’s Customer Experience Index (CX Index) score in the “OK” range.

Customer Experience 183

Customer Experience Omnichannel 2015 Retail 183

CSM Magazine

JULY 16, 2020

As the insurance sector competes to win market share, Henry Jinman at EBI.AI The UK general insurance market continues to be fiercely competitive. Through its ability to capture, analyse and learn from massive amounts of data, AI should be at the centre of every enterprise serious about creating amazing customer experiences.

Insurance 59

Insurance Automotive Transportation 2014 59

Eptica

APRIL 5, 2017

Date: Wednesday, April 5, 2017 Why customer experience is central to digital transformation in insurance. Author: Angus Prentice The insurance industry is facing enormous pressures. No wonder that a new article from McKinsey is headlined “ Time for insurance companies to face digital reality.”

Insurance 49

Insurance Customer Experience 2017 Consumers 49

InMoment XI

MARCH 27, 2024

A well-crafted automotive reputation management strategy is essential for any auto brand looking to build trust, foster customer loyalty, and thrive in a competitive market environment. On the other hand, 76% of consumers will stop doing business with you after just one bad experience. Customer experience improvement.

Automotive 260

Automotive Management Social Media 2024 260

customer sure

JANUARY 10, 2024

These are the most common pitfalls we’ve witnessed from organisations when they’re evaluating and improving customer experience. Neglecting Customer Feedback One of the most common mistakes businesses make is disregarding customer feedback. Businesses often overlook the qualitative aspects of customer experience.

Customer Experience 62

Customer Experience Net Promoter Score Social Media Omnichannel 62

Talkdesk

MARCH 24, 2021

Insurers need to redesign business models to build their own digital transformation success story. Digital transformation has been top of mind in the insurance industry for quite some time now, but recent events have forced insurers to develop new ways of delivering value. Contact centers are mostly a human-to-human experience.

Insurance 53

Insurance Contact Center Multi-Channel Automotive 53

GetFeedback

NOVEMBER 25, 2019

Health Insurance: 73%. Life Insurance: 80%. Property and Casualty Insurance: 81%. If your industry didn’t make it into the ACSI list, comparing yourself to the overall US customer satisfaction score of 76.5% Your customers’ expectations are not necessarily being set by what your industry does. Hospitals: 76%.

Customer Satisfaction 293

Customer Satisfaction Apparel Insurance Wireless 293

ReviewTrackers

MARCH 24, 2021

A few more statistics reveal how customer experience — more so than digital strengths, rewards program, or coverage options — could be the key for banks that prioritize customer retention. 80 percent of consumers would switch financial institutions for a better experience. times higher, and their customers are 2.1

Banking 123

Banking Customer Retention Customer Experience Financial 123

ShepHyken

SEPTEMBER 23, 2016

This week on our Friends on Friday guest blog post my colleague, Brie Tascione, writes about the importance of improving the customer experience in the healthcare industry to improve loyalty and reduce frustration. Any service industry today must keep up with the technological advances when communicating with their customers.

Healthcare 127

Healthcare Loyalty Blog Insurance 127

West Monroe

AUGUST 22, 2022

This kind of reasoning, while certainly not erroneous (there are nearly 900 different insurance companies in the U.S., A slew of eCommerce retailers such as Warby Parker and Zenni have entered the space to deliver on the promise of a simpler patient experience and upfront pricing.

Insurance 40

Insurance Healthcare Retail Consumers 40

Experience Investigators by 360Connext

MARCH 16, 2015

Our Chief Customer Experience Investigator™ Jeannie Walters is in Austin gathering evidence from South By Southwest Interactive. We’ll be laying it all out on the table and breaking out our magical magnifying glass to find out what the latest tech will really mean for customer experience. Free webinar this Thursday.

Events 223

Events Customer Experience Webinar Telecommunications 223

Quadient

AUGUST 7, 2019

How insurance companies can decide on which CX Metrics to use. Selecting and keeping track of the right Customer experience (CX) KPIs is important. Insurance companies can use them to: communicate the rationale for previous investments. validate whether improvements to the customer experience have taken place.

Insurance 52

Insurance Metrics Net Promoter Score Customer Journey Mapping 52

Experience Investigators by 360Connext

APRIL 7, 2015

Never mind that they are sending emails about merging loyalty programs and becoming one airline. Don’t put the onus on customers to “make the connection.” There are always issues and specific negative occurrences in any customer experience, but I think we can agree this seems systemic.

Airlines 307

Airlines Customer Experience Travel Books 307

Interactions

JUNE 24, 2022

Gartner’s Top Technology Trends for CSPs in 2022 highlights how Communication Service Providers’ (CSPs) customers are increasingly pushing for consistency and quality of experiences across the customer journey and life cycle, regardless of what channels or services they use. Offer an optichannel customer experience.

Communication 62

Communication Loyalty Insurance Contact Center 62

Lumoa

JULY 21, 2022

Therefore, leading networks need to focus heavily on the role of the customer journey and understand this model in order to consistently create a great experience. . We’ll also go over the role of the customer experience in European telecom and how this variable affects the perception of consumers in this segment. .

Customer Experience 94

Customer Experience Telecommunications CEM Net Promoter Score 94