One of the top items in the insurer’s strategy should be to address customer retention as a means to boost profits and improve growth. Amid sluggish growth this strategy, while improving retention, will increase sales and reduce cost of New Business.
EcomNet’s core skills addresses these basic issues through precise risk management, leveraging business rules and innovative business process outsourcing solutions.
Prospecting is one of the key steps to selling. We bring tremendous structured discipline to cross sales process. Insurance companies typically convert around 20% of the prospects to new business leaving the remaining 80% untouched. Our center is equipped with people, processes and technology to boost your sales by requiting accurately at the right time and reestablishing contacts with the prospects. Our proven step by step approach ACE – Analyze, Customer contact and Execution almost a 40% opportunity to provide a quote. With the same conversion ratio you stand to gain another 5 - 10% of the prospects that you left behind!
Our process is proven and simple. Our “Analyze” phase can be enhanced by integrating external data with current carrier information to narrow down on prospects that have propensity to buy insurance from you. This is based on our Business Rules platform that is proven to help generating these alerts.
Talk to us about how our tailored messages can harvest from old prospects and boost your sales at a lower cost.
Cross Sales is the ideal prescription for an industry where downward pricing and market pressures is stifling premium growth. Our Business Rule processing can be used to identify prime prospects for cross sales. We are equipped with right staff to generate the cross sales and boost your retention ratios. Our processes are tailored to work closely with your agents or CSRs at your home office.
If you wish to ask EcomNets about consulting assistance for Enterprise Applications, call 1-866-410-9400 or email support@ecomnets.com