Insurance Post

Insurers encouraged to promote reward schemes to tempt customers

Christmas presents
Rewarding customers could increase loyalty

Introducing a loyalty or reward scheme could improve insurers’ chances of increasing consumer take-up, despite the overriding importance of price, according to a survey conducted by M&S for business.

The survey, which polled 126 people, looked into the way companies in the financial sector attract new customers - and keep them.

As well as surveying customers it spoke to insurance industry figures

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