4 Tips for Faster Resolution of Inbound Insurance Complaints

Closeup portrait of worried young woman talking on smartphone in kitchen
Filed under - Industry Insights,

Tammy Marinac of Calabrio shares four top tips for resolving customer complaints, which are particularly great for contact centres in the insurance industry.

Competition in the insurance industry is fierce, with providers vying to win and retain customers at a dizzying pace. Yet many standard business practices fly in the face of these efforts, doing irreparable damage to the relationships with these hard-won accounts.

For instance, according to Xpertdoc, nearly all insurance customers who reach out to a carrier via telephone are placed on hold, and it takes less than a minute of being on hold for a business relationship to suffer.

This example is but one reason why resolving complaints quickly is critical for insurers. And, when it comes to your contact centre, there are four tried-and-true strategies you can implement immediately to aid this acceleration.

1. Find Ways to Avoid Placing Insurance Customers on Hold

This suggestion may appear obvious, but it’s rarely done because it seems overwhelming. But just start small. Use performance metrics and key search terms to identify bottlenecks and pain points in the customer experience—maybe customers have problems logging into a mobile customer portal, they’re frustrated with the online claims process, or outdated call centre software leads to frequent delays. Whatever the issues, invest in new processes and/or technology that eliminate the pain customers feel, and you’ll immediately elevate the customer experience.

A large insurance company did just this and learned—by analysing contact centre data using search terms such as “I’m sorry, my computer is working slowly”— that a specific software application frequently slowed contact centre interactions, leading to patient and agent frustrations. The findings provided a clear business case for the implementation of much-needed software upgrades that instantly decreased the incidence of the aggravating delays caused by this issue.

2. Offer Online Self-Service Options That Eliminate the Need for Many Inbound Contact Centre Enquiries

Research shows that businesses that utilise online self-service tools—such as interactive voice response (IVR), chat, web portals and mobile apps—benefit from a better bottom line. But agents—and most importantly, customers—benefit, too.

Customers value their time, and the last thing they want is to waste it sitting on hold to obtain simple answers to simple questions. If they can happily self-serve for basic needs or information, they more quickly receive what they need, when they need it, without delay.

This customer satisfaction benefits agents as well. By allowing customers to self-serve online, the number of enquiries agents are expected to handle drops, and they become happier and more informed. That’s because it’s physically, psychologically and emotionally draining to take calls and resolve complaints day in and day out. With fewer inbound calls, agents have more time at their disposal for product training and skills development, and they experience higher morale, less burnout and lower turnover.

This increased agent satisfaction passes to customers because agents become more empowered and better able to tend to customer needs. They can clear their queues, spend more time on activities that deliver higher value to customers, and provide solutions—not just information—that more quickly and easily remedy customer issues and resolve customer complaints.

3. Automatically Route Contact Centre Calls for Immediate Handling and/or Escalation

Automatic call distribution technology (ACD) routes your customers to the best agent available to help them. Depending upon the specific business rules you set, customers are always directed to the most relevant resource, so agents don’t waste time transferring calls. The result? Huge productivity gains and a boost in customer satisfaction.

To get the most out of your ACD initiative, look for a solution like the one by Five9 (a Calabrio partner) that’s feature-rich, customisable—with routing logic that can be easily set up to match business needs—and easy to use by even non-technical users new to ACDs.

4. Use Analytics to Understand the Most Common Insurance Complaints, Then Work Diligently to Resolve Them

One of the prime use cases for contact centre analytics is automatically identifying and categorising the main reason for each customer interaction. Aggregating this data then highlights trends in key customer pain points you can proactively work to resolve.

For instance, you might create a set of key words and phrases that communicate customer frustration, such as “I can’t find”, “help me find”, “do you offer” or “why don’t you offer”, then use advanced analytics to automatically pull together an easy-to-read report showing the services most commonly associated with them. With this information in hand, you then can develop a data-driven plan to bring new or expanded products to market in order to fulfil these unmet customer needs.

For today’s insurance companies, almost all customer interaction happens through the contact centre, under almost exclusively high-pressure circumstances. As a result, your contact centre wields tremendous influence over your customers’ satisfaction and loyalty, and has a definitive, immediate impact on your bottom line. The time is now to arm your agents with the right tools and processes to deliver the best experience for your customers, in the shortest amount of time possible.

Author: Robyn Coppell

Published On: 22nd Jan 2019
Read more about - Industry Insights,

Follow Us on LinkedIn

Recommended Articles

21 Ways to Improve Complaints Handling in Your Contact Centre
A photo of happy and unhappy dice
20 Great Ways to Drive Down Customer Complaints
12 Top Tips to Reduce Inbound Call Volumes
easy way through maze
33 Tips for First Time Resolution