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What competitive advantage can insurance companies have against their competitors?

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تاريخ النشر: 2016/12/29
Darshak vaishnav
من قبل Darshak vaishnav , Head Of the Department , Parshwa Autoshield

When you are selling insurance, you are selling a commitment , and intangible thing. According to me the best way to compete with peer companies is to settle hassle  free claim settlement. One satisfied customer will bring 10 new customers and mouth publicity is the best publicity. People trust words of friends more than advertisements.

zahid latif
من قبل zahid latif , Undewriting Manager , Amana Cooperative Insurance Company

Quality Customer Service

Swift Claims settlement

 

 

Mamoun elbaghir abdalla mhamad Eltayeb
من قبل Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

 

For insurance company to compete its peers companies must provide good services to their customers as as well as adequate  competitive insurance premium rate and competitive insurance policy terms and conditions .

Thanking you.

DrSedeek ElHakeem
من قبل DrSedeek ElHakeem , Health Insurance advisor , HICARE

customer services

rapid apprval

quality of services

costeffective

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