Man-at-interactive-computer-screen-customer-experience Customers often report that they're willing to pay a premium for superior customer service. (Photo: Shutterstock)

Retail customer needs are simple: They value quality and ease of use, according to a 2018 Bain survey. But the same survey shows that most insurance organizations fail to meet those expectations. And 80% of the millennial demographic — increasingly the decision-makers for P&C — is open to switching providers if those two essentials aren't met. What's holding us back from delivering an exceptional experience?

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor