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Insurance

Insurance Company Increases Customer Lifetime Value 2.8x

Predictive analytics and cross-sell optimization through unified customer intelligence

2.8x
Customer Lifetime Value
84%
Cross-Sell Accuracy
3.2
Avg Policies Per Customer
31%
Churn Reduction
1

The Challenge

Customers held single policies despite needing multiple products. No unified view of customer needs across product lines.

Key Pain Points:

  • Fragmented customer data across multiple systems
  • Inability to accurately attribute marketing performance
  • Rising customer acquisition costs without clear ROI
  • Limited visibility into customer journey across touchpoints
National Insurance Provider
2

The Solution

Implemented CustomerID's predictive customer intelligence platform with cross-sell propensity modeling and lifecycle management.

Implementation Approach:

1
Discovery & Planning

Comprehensive audit of existing data sources, systems, and customer touchpoints to design optimal integration strategy.

2
Platform Deployment

Phased rollout of CustomerID platform, starting with high-impact use cases and expanding to full enterprise deployment.

3
Optimization & Scale

Continuous refinement of identity resolution models and attribution algorithms based on performance data.

"

The predictive models identified exactly which customers needed which products. Our cross-sell rates have never been higher.

LM
Linda Martinez
Chief Marketing Officer, National Insurance Provider
3

The Results

The implementation delivered measurable, transformative results across all key performance indicators:

Key Outcomes:

  • Average customer lifetime value increased from $2,840 to $7,950
  • Cross-sell conversion rates improved by 84%
  • Average policies per customer rose from 1.3 to 3.2
  • Customer churn reduced by 31%
  • Generated $156M in cross-sell revenue over 18 months

These results demonstrate the transformative power of unified customer intelligence. By breaking down data silos and implementing sophisticated identity resolution, National Insurance Provider achieved outcomes that directly impacted their bottom line while building a sustainable foundation for future growth.

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