Thursday, December 18, 2008

Study Looks at Importance of Insurance Agents

In a study looking at the importance of insurance agents, Research and Markets (http://www.researchandmarkets.com/research/4d7223/perceptions_of_ins) announced the addition of the "Perceptions of Insurance Agents in the United States 2008" report to their offering.

In an era in which everything from Christmas shopping to finding a date has been transformed by the Internet, it's easy to conclude that insurance selling by agents is on the way out, replaced by consumers' round-the-clock access to "free" Internet advice and transactional capabilities. But comprehensive consumer research demonstrates that much of the public values agent relationships and that agents have connected with a mere sliver of their potential markets.

This report provides a concise overview of industry trends shaping agent recruitment and retention, followed by survey findings on such issues as:

  • Percentages of consumer markets-segmented by demographic niche and insurance product-that have been contacted by an agent during the past five years
  • How consumers prefer to communicate with their insurance agent
  • Preferred insurance marketing channels
  • Perceived advantages of buying insurance from agents/brokers
  • Consumer attitudes towards agents and the insurance purchasing experience

Key Topics Covered:

  • Scope and Themes
  • What you need to know
  • Scope of this report
  • Data sources
  • Consumer survey data—methodology
  • Abbreviations and terms
  • Terms
  • Executive Summary
  • Image management opportunities
  • Marketing niche opportunities
  • Electronic opportunities
  • Sales management opportunities
  • An overview of the agent distribution channel
  • Frequency of agent contacts with consumers
  • Consumer preferences for company/agent communications
  • Purchase of insurance products
  • Descriptions of agents/brokers
  • Advantages of buying via agents/brokers
  • Consumer perceptions of agents and purchasing experience
  • An Overview of the Agent Distribution Channel
  • Key points
  • Dimensions of the agency force
  • Agent compensation
  • Challenges in recruiting agents
  • Generational differences among agents
  • Current advertising themes
  • Advertising expenditures by category
  • Companies Mentioned

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