Benefits to Reinsurers
The analysis and database created by NMG BQM Life & Health Reinsurance provides participating reinsurers with a compelling information base around which to design and execute their business strategy.
The Programme gives reinsurers for each country, and Asia-wide:
- an understanding of their competitive positioning and the reasons underlying it
- a powerful strategic analysis and benchmarking of their client portfolio quality, including client loyalty in both relative and absolute terms
- an in-depth understanding of their relationship-depth with clients, relative to competitors covering the same account
- Analysis and benchmarking of their relationship management capability and business solicitation effectiveness - including which of their business development managers are most effective, which have fallen short, and why
- Detailed analysis of product penetration and sales success across all product lines relative to competitors.
- Overall perspectives of product and service quality, and the degree to which these have impacted business outcomes
- Analysis of which competitors are gaining momentum and why.