Insurance Post

Customer loyalty obtainable for UK insurers if 'fair value' is provided

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Insurers have been advised to focus on building long-term relationships in order to retain policyholders after a survey by Consumer Intelligence showed customers do not want to shop around annually.

Its international study among motor insurance customers in the UK, US and Canada of 500 motor insurance customers in each territory, Consumer Intelligence found that 75% of UK motorists shop around

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