A direct view from Reassured

clock • 5 min read

How to encourage more people to protect their families should the worst happen is the perennial challenge for those in life insurance. But new product innovation is not the answer says Steve Marshall.

Effective conversations and an excellent customer experience are. Proposition managers needn't worry. I'm not saying new product innovation has no place.  It can help to get consumers interested if they are in the right target niche. But based on what we've achieved at Reassured I am now convinced that more families could have the protection they need if we all spent more time and energy on getting the underlying basics right. That means getting better at how we talk to our customers and appeal to their individual motivations; and investing in more processes that get customers what...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

1.5 million NHS appointments saved amid app reform

1.5 million NHS appointments saved amid app reform

87% of hospitals offering services through NHS App

Jaskeet Briah
clock 28 April 2025 • 3 min read
L&G updates CIC and IP propositions

L&G updates CIC and IP propositions

Increased pay out amounts

Jaskeet Briah
clock 28 April 2025 • 3 min read
Microstressors 'wearing down' UK adults

Microstressors 'wearing down' UK adults

VitalityHealth research findings

Jaskeet Briah
clock 25 April 2025 • 2 min read