Insurers need to start thinking about short-term and long-term strategies for customer retention. Automation can help. (Shutterstock) Insurers need to start thinking about short-term and long-term strategies for customer retention. Automation can help. (Shutterstock)

Holding onto the best customers is of paramount importance for all businesses, regardless of what products they sell. Insurance companies are constantly trying to retain their best policyholders, typically needing to fend off competitors who attempt to swoop in and entice the customer's loyalties.

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