Search
Documentation Center

The relationship between net promoter score and insurers' profitability : an empirical analysis at the customer level
Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20220028356
003  MAP
005  20221019095801.0
008  221019e20221010esp|||p |0|||b|spa d
040  ‎$a‎​MAP‎$b‎​spa‎$d‎​MAP
084  ‎$a‎​219
1001 ‎$0‎​MAPA20220004862‎$a‎​Jahnert, Jonas R. ‌
24510‎$a‎​The relationship between net promoter score and insurers' profitability‎$b‎​: an empirical analysis at the customer level‎$c‎​Jonas R. Jahnert
520  ‎$a‎​This paper examines the relationship between customer satisfaction and profitability at the level of the individual customer. In many industries, investigations detect a positive, decreasing relationship between customer satisfaction and firm profitability. The insurance industry has rarely been the object of such investigations. Pooser and Browne (2018) started this discussion by examining U.S. insurers at the firm level. We provide reasons why the positive satisfactionprofitability relationship might be reversed, particularly in the case of the insurance industry. We conduct an array of OLS regressions with customer-level data. Our results reveal a strong positive relationship between customer satisfaction and profitability. The effect is considerably large and also robust when investigating the effect of several customer characteristics on this relationship. We recommend that the increase in profitability is induced by a strong positive correlation between customer satisfaction and premium income, while satisfaction is not associated with the combined ratio.
650 4‎$0‎​MAPA20080590567‎$a‎​Empresas de seguros ‌
650 4‎$0‎​MAPA20080615307‎$a‎​Satisfacción del cliente ‌
650 4‎$0‎​MAPA20080586294‎$a‎​Mercado de seguros ‌
7730 ‎$w‎​MAP20077100215‎$g‎​10/10/2022 Volumen 47 Número 4 - octubre 2022 , p. 944-972‎$x‎​1018-5895‎$t‎​Geneva papers on risk and insurance : issues and practice‎$d‎​Geneva : The Geneva Association, 1976-