Reported about 5 hours ago
A recent GlobalData poll reveals that insurers are facing significant challenges in engaging younger generations due to a lack of trust and understanding about insurance products. Similarly, a survey by Insurance Europe indicates that millennials and Gen Z prefer simpler, more digital insurance options tailored to their needs. To succeed with these demographics, insurers need to focus on building trust through transparency, simplifying the purchasing process, and enhancing financial education, while also offering high-quality, value-rich products.
Source: YAHOO