Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail

Customer retention is a crucial area where most of the organizations pay more attention towards it. The major factor that attracts and retains new customers is the way it services its existing customers and the reputation it creates within and across the marketplace. This research is to study the cu...

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Main Author: Ismail, Syuhada Nawal Syazwani
Format: Student Project
Language:English
Published: 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/31634/
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author Ismail, Syuhada Nawal Syazwani
author_facet Ismail, Syuhada Nawal Syazwani
author_sort Ismail, Syuhada Nawal Syazwani
building UiTM Institutional Repository
collection Online Access
description Customer retention is a crucial area where most of the organizations pay more attention towards it. The major factor that attracts and retains new customers is the way it services its existing customers and the reputation it creates within and across the marketplace. This research is to study the customer retention in cases involving motor insurance claim. The objective of this research is to rank the service’ factors most contribute towards customer retention and to measure the level of customer retention towards services in relation to motor insurance claim. All the respondents are claimants from specified area and come from different insurance company and they have experience in using the service of claim process from their insurance provider. This research was conducted using various methods such as “Reliability Test, Frequency Distribution, and Descriptive Statistics”. The result of the findings indicated that processing time is the major service’ factor that will influence customer retention compared to another four factors which are relationship between insurer and customer, claim procedure, relationship between insurance company and customer, benefits, and No claim Bonus (NCB). The finding also identified that the level of customer retention towards motor insurance claim is on medium. It also identified that many service’ factors of motor insurance claim could be improved to the benefit of both customer and insurance company.
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spelling uitm-316342020-09-24T06:31:47Z https://ir.uitm.edu.my/id/eprint/31634/ Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail Ismail, Syuhada Nawal Syazwani Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling Insurance Other insurance. Including automobile, burglary, credit, disaster, title insurance Claims Customer retention is a crucial area where most of the organizations pay more attention towards it. The major factor that attracts and retains new customers is the way it services its existing customers and the reputation it creates within and across the marketplace. This research is to study the customer retention in cases involving motor insurance claim. The objective of this research is to rank the service’ factors most contribute towards customer retention and to measure the level of customer retention towards services in relation to motor insurance claim. All the respondents are claimants from specified area and come from different insurance company and they have experience in using the service of claim process from their insurance provider. This research was conducted using various methods such as “Reliability Test, Frequency Distribution, and Descriptive Statistics”. The result of the findings indicated that processing time is the major service’ factor that will influence customer retention compared to another four factors which are relationship between insurer and customer, claim procedure, relationship between insurance company and customer, benefits, and No claim Bonus (NCB). The finding also identified that the level of customer retention towards motor insurance claim is on medium. It also identified that many service’ factors of motor insurance claim could be improved to the benefit of both customer and insurance company. 2010 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/31634/1/31634.pdf Ismail, Syuhada Nawal Syazwani (2010) Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail. (2010) [Student Project] <http://terminalib.uitm.edu.my/31634.pdf> (Unpublished)
spellingShingle Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
Insurance
Other insurance. Including automobile, burglary, credit, disaster, title insurance
Claims
Ismail, Syuhada Nawal Syazwani
Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail
title Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail
title_full Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail
title_fullStr Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail
title_full_unstemmed Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail
title_short Customer retention in cases involving motor insurance claim / Syuhada Nawal Syazwani Ismail
title_sort customer retention in cases involving motor insurance claim / syuhada nawal syazwani ismail
topic Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
Insurance
Other insurance. Including automobile, burglary, credit, disaster, title insurance
Claims
url https://ir.uitm.edu.my/id/eprint/31634/