Customer Lifetime Value Optimization: A Strategic Imperative for Insurers in the Digital Age

In the competitive landscape of the insurance industry, where customers can now easily “Buy insurance online,” understanding and optimizing Customer Lifetime Value (CLV) has become more crucial than ever. CLV measures the total worth of a customer to a business over the entirety of their relationship. By focusing on CLV, insurance companies can tailor their … More Customer Lifetime Value Optimization: A Strategic Imperative for Insurers in the Digital Age