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Roundtable: Customer retention: How to use data to keep hold of customers

customer-retention-roundtable

Can the way data is used and analysed in the insurance industry pave the way to customer loyalty?

Insurers love data. Offer it, and they will hoover information up – all the better to price and understand the risks they face. But can it be even more useful than that?

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Fair value rules still fail brokers and consumers alike

Four-and-a-half years after the Financial Conduct Authority’s fair value rules arrived, Branko Bjelobaba, principal of compliance consultancy Branko Ltd, argues inconsistent data and vague metrics still make it difficult for brokers and consumers to compare insurance products properly.

Climate change puts brokers centre stage

With floods, heatwaves and subsidence rewriting the rules of risk, Caroline Elliott-Grey, senior product manager for UK and Ireland at LexisNexis Risk Solutions, argues brokers who harness property-level insights can build trust, protect clients and prove their value in a volatile market.

Could the Gallagher and PIB deal be back on?

Deputy Editor’s View: Whispers at the British Insurance Brokers' Association conference earlier this month suggest Gallagher could be willing to buy PIB again, less than a year after plug was pulled on a deal and the latter refinanced.

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