Custom Market Research Solution Helps an Insurance Company to Achieve Savings of Over $1.2 Million

May 8, 2020

Currently, the US insurance sector is going through a period of turmoil. Low interest rates and persistent barriers to growth, shifting demographics, and rising customer expectations are increasing challenges for companies operating in the global insurance industry. To succeed in the long run, insurance companies will need to stay current with the market trends, competitors’ strategies, and evolving customer needs and demands. This is where Infiniti Research steps in with its best-in-class custom market research solution. Infiniti’s custom market research solution can help clients in the insurance industry to keep pace with market developments and industry changes.

Low interest rate, slow growth, and evolving regulations are increasing challenges for companies in the insurance industry. Our custom market research solution can help insurance companies to get a holistic and more accurate view of the market to make informed business decisions. RFP here.

Business Challenge

The client is an insurance company based out of the United States.

Owing to declining investment yields and slowing market growth, the client encountered a steady decline in profit margins. Also, the client had to spend a large part of their discretionary budget on being compliant and on building systems and processes to keep up with the escalating requirements in the market. Besides, their inability to build a strong digital distribution platform for delivering intuitive and personalized experiences for consumers made it difficult for them to maintain profitability. Consequently, they were losing ground to their competitors. To achieve operational excellence and cost-efficiency, they wanted to understand market developments and keep pace with industry changes. To do so, they chose to partner with Infiniti Research to leverage their expertise in offering custom market research solutions.

To gain a competitive advantage in today’s competitive marketplace, insurance companies need to improve their cost efficiency and achieve operational excellence. Our custom market research solution can help you to achieve these strategic objectives. Contact us here.

We help our clients make smarter decisions to achieve rapid business growth

Our strength lies in the unrivaled diversity of our international market research teams, innovative research methodologies, and unique viewpoints that merge seamlessly to offer customized solutions for your every business requirement.

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