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Quote from: rafenfre on December 29, 2018, 03:46:34 PM

Sounds good.. But for providers? How can providers benefit?

Well, this can be beneficial for streamlining the definition, negotiation, monitoring and enforcement of service level agreements. Acquiring the most demanding customers with transparent proofs of scalability and auditable claim settlements. One more point - automating the retention of policyholders in the face of scalability challenges. This is what their website says 🙂Cause retention really matters. Have you thought of retention numbers?

You mean how rational is retaining the customers, comparing with attracting a new one? No idea.. I mean this should be much more effective, but idk exactly

Yeah, that's what I mean. Retaining 5% more customers can increase your profit by 100% Wink

Oh really? Is it what statistics says?

Some researches

And acquiring a new customer is 10 times more expensive than retaining existing one

Wow, that's breathtaking, so in theory this can make your business profitable in case it is lossmaking?

Exactly, that's the point and that's why I believe their solution to be truly in demand

Sounds great, makes sense. You are the industry expert Vsevolod haha 😂 I mean I haven't heard of all these numbers before