Motor Insurance Example

We are using Motor Insurance as an example because the market is highly competitive and price conscious with consumers increasingly aware of how easy it is to switch from one provider to another. Therefore cost savings are extremely significant and can provide that all-important competitive edge. The model can apply to any renewable policy.

Even if your company is considering or in the process of preparing an e-communications solution for existing business this may be some time away from completion and our Costbuster Programme, which can be implemented in a matter of weeks, can be a cost effective short term answer which will enable you to begin evaluating e-communications and at the same time save you significant amounts. You may also find that Costbuster is more economical than a bespoke solution and decide to use it long term.

We believe that the vast majority of your customers who have internet access will be more than happy to switch from mail to e-mail communications. And, with up to 50% of people in the UK reported to be using the Internet on a daily basis, the benefits to both sides are considerable:

Motor Insurance Renewal Example

• 10,000 renewals per annum.
• Cost per renewal: £21 for existing method.
• Cost per renewal: £1 by email including all processing and labour.
• 33% take up in short term - 6 months.
• Set up and maintenance costs: £17,000 including in-house costs.

Your Next Step to Success

Call or e-mail us to arrange a convenient date for us to visit you to carry out a no-obligation diagnostic review which will provide us with the figures and information necessary to enable us to prepare a proposal based on solid figures.

Next: 5 - How to get started