“As someone who is currently a lemonade and metromile customer and has filed claims with both of them, I couldn’t agee more. All my claims happened over email/phone from a chain of people who had pieces of the puzzle and kept calling me like telemarketers! The app was not used/involved in any of it.
“I am currently in the middle of a claim with Metromile and I have so many people calling me it’s nuts 🙂 No one ever cancelled an insurance policy because it took them 20 minutes longer to buy a policy. The focus on speed of buying a policy is misguided in the long term and will hit a roadblock once the early adopters (looking for low cost mostly) have been exhausted.
“But shifting a company to focus on truly customer centric claims is operationally very different from driving top line revenue which is what the investors/markets want. It’s a shift from transactional to truly service centric organizations with different incentives, org structures and values etc. That is very hard for most companies to do.
“For all the talk and PR around ‘customer centricity’, there are still very very very few genuinely customer oriented insurance co’s. We aspire to change that.”
— Ashish Soni, founder and CEO of helloOtto, in response to [Coverager’s] post titled When Harry Met Avi
Note: To view the subsequent LinkedIn discussion, click here.
Latest posts by Bill Wilson (see all)
- The Invisible But Potentially Catastrophic Homeowners Exclusion That’s Not An Exclusion - September 19, 2023
- Revisiting the Illusory Coverage Assertion Following a Claim Denial - September 19, 2023
- FREE Webcast: How to Survive and Thrive in a Hard Market - August 1, 2023