Recently Released Eastbridge Study Provides Participation Data for Top Voluntary Carriers.
Good participation rates are critical to success in the voluntary market, and without a successful enrollment (initial or annual), any case can quickly go downhill. But what is considered a “successful” enrollment? What participation rates are “normal” for voluntary products?
The objective of the 2017 Voluntary Participation Rates Spotlight™ Report is to provide comparative data on the participation rates experienced by voluntary carriers. The study provides data on:
- Overall voluntary participation rates
- Changes to voluntary participation rates in the last 2-3 years
- Participation rates by group size
- Participation rates by product line
- Participation rates by enrollment methodology
- Enrollment strategy impacts on participation rates
- Participation improvement strategies
It is important to note that while participants were not able to provide data on all measures, this report provides a valuable snapshot for carriers to compare their results to others in the industry. Where appropriate, the report also compares findings to the previous report published in 2014.
Voluntary Participation Rates is currently available for purchase for $2,000. For more information or to order, call today at (860) 676-9633 or email Eastbridge at info@eastbridge.com.
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005523/en/
Eastbridge Consulting Group, Inc.
Ginger Bates, 803-782-0560
