Travel companies with branches.
Tailoring
One of our successful users was travel organisation D-reizen. This customer demanded that all their local travel agencies (80) could independently tailor every conceivable travel insurance product for individuals, families and groups. After being taken over by VakantieXperts, it turned out that the new management had no interest in offering tailor-made travel products: everyone an expiring fixed package was more efficient.
Tailor-made
Creating a tailor-made travel insurance product focuses on the following questions:
How big is the group?
How long will they be travelling for?
What package will they choose?
Will/won't the names of the participants be in the policy?
Are there/aren't there restrictions regarding the age of the participants?
Adequate IPID (Insurance Product Information Document)
How do they then put together an IPID that can stand the test of scrutiny?
More on the IPID at this PAGINA
New opportunities for the intermediary
The shortage of well-trained applicants is glaring.
Also in the insurance industry.
Outsourcing is an option that should be seriously looked at again, because:
Thanks to
- robot-Underwriting on behalf of the insurer himself;
- automated bid processing;
- integrated financial-administration;
- tailor made IPID;
- policy formatting;
and digital-signing on behalf of each insurer,
unprecedented new opportunities for an efficiƫnt approach arise, in which the intermediary can play a greater role.