I recently spoke with an operations executive at a large insurer that distributes personal lines products through independent agents. He said that they are working feverishly to deliver digital service tools to the customer service representatives (CSRs) at agents because they know that the average CSR is now 19 to 26 years old. This insurer is transitioning from a telephony-centered approach to one which includes chat, secure messaging, and intelligent avatars in order to meet CSRs’ expectations about how service should be done. As any insurer distributing through the independent channel knows, the company that keeps the CSRs happy wins!
In our innovation research, we repeatedly see the influence of Millennials’ expectations around the consumer experience, but a data point from Mary Meeker’s "
Take a close look at Slide 109. It shows that in 2015, for the first time, Millennials make up 35 percent of U.S. workers. Gen X and Boomers represent 31 percent each. The data signals a tipping point and it is pretty clear which way this trend is going to continue.
Watch as the buzzword “Worker Experience” is added to the already well-worn “Consumer Experience.” For insurers that want to gain an advantage with their own workers, and with their distributors’ CSRs, the field is wide-open. All they need to do is innovate, experiment, put some funds at risk, and transition to digital working.
View Mary Meeker’s "
This blog entry has been republished with permission.
Readers are encouraged to respond using the “Add Your Comments” box below.
The opinions posted in this blog do not necessarily reflect those of Insurance Networking News or SourceMedia.
