Compelling data
to support the value
of Customer360
At Sepia, Chicago

April 26th, 2022, 6 PM - 8:30 PM CT, Successfully held

Compelling data to support the value of Customer360
At Sepia, Chicago

April 26th, 2022, 6 PM - 8:30 PM CT, Successfully held

Here’s what we discussed:

It’s generally accepted that customer acquisition costs 5 to 10x more than customer retention. So, why don’t insurance companies focus on building strong customer relationships rather than engaging in price-walking and bait-and-switch tactics? Do current IT systems hinder this focus?

EIS - Des Données Convaincantes Pour Soutenir La Valeur De Customer360

When customers have multiple policies with a single insurer, customers are more loyal. According to “The Customer Compass: Navigating the Future of Insurance” report:

  • Auto policyholders are 39% more likely to switch when they have policies with multiple insurers
  • Homeowner policyholders are 57% more likely to switch when they have policies with multiple insurers

Presented by

EIS Group

Reasons for changing insurance providers:

  • 69% policy is too expensive
  • 28% poor customer experience
  • 20% lack of personalization

The truth is, customers want to be loyal. According to digital marketing firm Invesp, the probability of selling to a new prospect is just 5 to 20%, while the success rate when selling to a current customer is 60 to 70%. Plus, current customers are 50% more likely to try new products and spend 31% more, on average.

Dinner at Sepia

Sepia
123 N. Jefferson Street, Chicago, Illinois 60661

Built from an 1890 print shop, Sepia features memorabilia from the Windy City’s bygone eras. Attention to detail runs throughout Sepia – both in the room and on the plate – from the custom tile Art Nouveau floor to the hand-crafted millwork to the vintage stemware, the easy elegance of the room serves as the perfect backdrop to the inventive American cuisine.

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Agenda

6:00 PM – 6:10 PM

Reception and welcome

6:11 PM – 7:05 PM

Introductions, networking and cocktails

7:06 PM – 8:10 PM

Interactive discussion with dinner

8:11 PM – 8:30 PM

Conclusion and closing

Solution Expert

Bill MIller
General Manager – Property and Casualty at EIS
LinkedIn

Evangelist

Rich March
Account Executive at Management Insight Technologies
LinkedIn

Participation in this In person peer discussion is free of charge to qualified attendees. Once you’ve completed the registration, we’ll confirm your invitation and send you a calendar invite with directions to Sepia

We will follow COVID guidelines mandated by the government and the hotel

Here’s what attendees at past events have said:

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