Fascinating Life Insurance Stats

March 13, 2019

Ongoing studies into people’s perceptions of life insurance continue to paint a vivid picture. For the most part, people understand their need for life insurance, with 20% feeling they do not have enough. Because of this need, half of all adults looked into life insurance online in the past year. However, many people remain confused about the cost of life insurance, particularly millennials, who overestimate the cost at five times the actual amount. Policy specifics – like whether a physical examination is required – are also a concern for many.

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Alwen Hough Johnson Limited

Alwen Hough Johnson Limited (AHJ) was established in 1973 and is a Lloyd’s Broking House, specialising in all forms of Marine, Aquaculture, Non Marine Reinsurance, Energy Insurance, and specialist lines of direct wholesale insurance.

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7 Warnings About Guaranteed Issue Life Insurance

Infographic | February 28, 2020

Think of this as your overview to GI. Guaranteed issue policies are unique, so you will want to have a clear understanding of what you are buying. There are 7 important warnings you need to know about guaranteed issue life insurance.

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WHY CUSTOMER EXPERIENCE MATTERS FOR INSURANCE COMPANIES

Infographic | February 25, 2020

Customer experience (CX) has risen to a new level of importance in the insurance industry. Sure, customers still value price — but it’s not the only consideration. They also want a brand that builds trust and shows they care about their customers. In fact, a recent study by Accenture found that 46% of insurance respondents are "Quality Seekers.” These customers value superior service, automated transactions and personalization.

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CAR INSURANCE AND THE IMPORTANT OF HIGHER COVERAGE AMOUNTS

Infographic | January 15, 2020

Were you considering car coverage? Let the infographic inform you why automobile insurance is needed. Most people just choose the cheapest quote they receive for coverage, without really thinking seriously about what would be protected in case of an accident.

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Life insurance: Who should get it?

Infographic | December 15, 2019

64% of people say they haven't bought life insurance because it's too expensive, yet they overestimate its true cost by more than double. The sooner you buy life insurance, the less it may cost over time. Having life insurance may make sense for these individuals.

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Insurance Companies to Improve their Customer Experience

Infographic | June 30, 2022

Customer experience is the single most crucial factor determining loyalty 85% of insurers are using CX initiatives throughout the customer journey & 90% have a c-suite position dedicated to the consumer experience

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5 Challenges in AI implementation for Insurers

Infographic | January 16, 2020

AI can improve productivity and help in decision making through training datasets. According to the survey of the Dataconomy, nearly 81% of 225 data scientists found the process of AI training more difficult than expected even with the data they had. Around 76% were struggling to label and interpret the training data.

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Spotlight

Alwen Hough Johnson Limited

Alwen Hough Johnson Limited (AHJ) was established in 1973 and is a Lloyd’s Broking House, specialising in all forms of Marine, Aquaculture, Non Marine Reinsurance, Energy Insurance, and specialist lines of direct wholesale insurance.

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