Know Your Customers to Grow Your Business
Download the LexisNexis® Current Carrier® Property white paper
New customer behaviors and expectations combined with more sophisticated data modeling and an anticipated decline in auto insurance coverage needs are driving significant change in the insurance industry. To thrive in this new landscape carriers will have to boost home insurance revenue and identify other business growth opportunities. Accurately calculating customer lifetime value (CLV) is a crucial part of this strategy.
Download the white paper to learn how to:- Create CLV calculations that are more predictive of risk
- Apply CLV to its full extent to improve profitability
- Eliminate data gaps to drive better decision making
