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ISSN Number:
2582-8568


Journal DOI No:
03.2021-11278686

Title:
CUSTOMER RELATIONSHIP MANAGEMENT IN THE INSURANCE INDUSTRY

Authors:
Dr. Ashok P. Nikam

Cite this Article:
Dr. Ashok P. Nikam ,
CUSTOMER RELATIONSHIP MANAGEMENT IN THE INSURANCE INDUSTRY,
International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Volume: 2, Issue: 11, Year: November 2021, Page No : 76-81,
Available at : http://irjhis.com/paper/IRJHIS2111013.pdf

Abstract:

In today's perplexing and global marketing environment, the insurance industry is fluctuating day by day, which is becoming enormously complex in today's global marketplace. Customer relationship management is a catalyst for the development of the insurance industry. It's an industry loom that seeks to unite the people, the process, and the technology to improve an organization's relationship with its customers, both those presented and potential ones. with low strength. Many insurance service providers are determined to enter competitions in the insurance service industry to convince customers to use insurance. Today, a company's competitiveness is directly dependent on its relationship with its target customers. The main reason to implement customer relationship management is that it helps to ignore the effect of changing customer behavior in insurance companies. The insurance industry has its own complexities and challenges, but it is also highly motivated in the sales sector, which makes it well-suited to implementing customer relationship management techniques. Some of the most common challenges faced by insurance agents are a strong case for customer relationship management. Insurance service providers have long understood the value of customer relationship management, but still face some difficulties and challenges in implementing customer relationship managementinto practice.



Keywords:

Customer Relationship Management, Insurance Industry, Catalyst, customer relationship management Techniques, Complexities and Challenges.



Publication Details:
Published Paper ID: IRJHIS2111013
Registration ID: 20480
Published In: Volume: 2, Issue: 11, Year: November 2021
Page No: 76-81
ISSN Number: 2582-8568

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ISSN 2582-8568

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5.71 (2021)

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03.2021-11278686