Latest Customer Experience Headlines

All the headlines from our Customer Experience Topic Page, ordered by recency.

Michigan House Passes Bills Shielding Employers from Virus Lawsuits

Sep 25 2020 // A divided Michigan House voted on Sept. 23 to shield health providers and businesses from coronavirus-related lawsuits filed by patients, employees or customers, advancing bills that majority Republicans said would give...

EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future

Sep 24 2020 // The investment will empower insurance companies, banks, and other financial institutions to build and optimize digital journeys with an AI-powered no-code platformTel Aviv, Israel – September 24, 2020 – EasySend, the...

2 Reasons COVID-19 Legislation is the Wrong Solution

Sep 23 2020 // Back in March and April, I gave two webinars on COVID-19 for the Academy of Insurance.If you haven’t had a chance to take those, click here to get the Academy of Insurance COVID-19 related classes. One of the topics...

Triple Threat: Carrier-Insurtech-Agency Partnerships Can Transform Commercial Lines

Sep 14 2020 // COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage.Yet, commercial lines insurance...

It’s Clear Insurance Agency Data Is Valuable. Who Owns It May Not Be So Clear.

Aug 24 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...

101 Sales, Marketing & Agency Management Ideas

Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...

Not on the Same Page

Aug 24 2020 // Business owners and consumers are rethinking their finances and insurance needs due to the current economic uncertainty. However, new research suggests insurance customers and their agents are not always on the same page....

Insurance Agents Think They Offer Value. But Some Customers Have a Different View.

Aug 7 2020 // Business owners and consumers are rethinking their finances and insurance needs due to the current economic uncertainty. However, new research suggests insurance customers and their agents are not always on the same page;...

The Future of Insurance Industry Will Not Be Decided by Insurtechs Alone: Viewpoint

Aug 6 2020 // Insurtech was once the Wild West of the insurance industry. Many of insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive...

3 Whys for Making Insurance Policies Easier to Read

Jul 22 2020 // I was recently asked this question.What do you think about efforts to simplify policy language? The answer is never as simple as it seems at first.The simple answer is that I’m for making the insurance policy easier...

The Value of Agency Data and Who Owns It

Jul 20 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...

101 Ways Coronavirus Crisis Has Changed P/C Insurance Pros’ View of Their Job. Or Not.

Jul 7 2020 // Has the coronavirus experience changed how property/casualty insurance professionals view their jobs?Yes and no. The biggest change is that many in the industry learned they can do their job from home, and most, although...

Coverage Creativity

Jul 6 2020 // This morning, I wrote an article for the CPCU CLEW (Coverage, Litigators, Educators & Witnesses) Interest Group called “On Becoming an Insurance Coverage Nerd.” This afternoon, in this column, I get to...

How to Reduce the Expense of cyber business interruption

Jul 6 2020 // According to the IBM “Cost of a Data Breach Report, 2019”, business interruption (BI) represents 36% of the cost of a cyber breach, averaging a whopping $1.42 million per breach. The report states that, for the...

Liability Waivers Not Always Effective But Employers Take ‘Better Safe Than Sorry’ View

Jun 17 2020 // As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.Businesses fear they could be the target of...

Do Auto Insureds Prefer Insurer Websites Over Agents? J.D. Power Thinks So.

Jun 11 2020 // Remember all the talk that digital transformation would disrupt the auto insurance industry? Well, it’s real, according to the consultants at J.D. Power.The firm says its 2020 U.S. Auto Insurance Study proves that...

Pandemic Stay-at-Home Experience Raises P/C Insurers’ Bar for Delivering Digitally

Jun 2 2020 // Significant investments in direct-to-consumer website and mobile design have helped property/casualty insurance companies improve their digital service and shopping experiences. Consultants at J.D. Power say insurers have...

Suit: ADT Employee Spied on Texas Customers Via Home Security Systems

May 21 2020 // Two federal class-action lawsuits have been filed against ADT, one of the largest security companies in the country, alleging that an employee spied on customers and children in Texas over a seven-year period through their...

Insurance Is Not A Company’s Primary Line of Defense in a Crisis

May 21 2020 // Imagine your company having a Halloween party: Employees show up wearing costumes mocking your customers, says the chief executive of a New York commercial insurance brokerage we recently interviewed. “Now imagine...

Insurtechs Will Not Shape the Industry’s Future Alone

May 18 2020 // Insurtech was once the Wild West of the insurance industry. Many of Insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive...