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Moreover, the turnaround time, the time from policy request to policy issue, for Fruitvale was 5 days, which was, much more than the turnaround time of Golden Gate (2 days). The branch was also losing on renewals, which amounted to nearly 33%, again more than double of Golden Gate. The renewal losses represent a significant loss of business and an overall reduction in the number of policies in force. While new policies have not increased substantially, renewal policies are being lost, thus, effective growth isn't happening.
2. What are the causes of these problems?
One of the causes is the wrong method used in calculating the turnaround time...
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Common topics in this essay:
- The Customer Comes Second
- A RELATIONAL STUDY ON CUSTOMER SATISFACTION, TRUST , SWITCHING BARRIERS AND OVER ALL CUSTOMER RETENTION IN THE CONTEXT OF UNITREND LTD.
- Customer Loyalty
- Customer Needs
- Customer relationships marketing
- MANAGERIAL AND CUSTOMER COSTS OF PRICE ADJUSTMENT:
- MARKETING AND CUSTOMER RELATIONSHIP CONCEPT WORKSHEET
- Manzana Insurance Company
- Manzana Insurance ? Fruitvale Branch
- Manzana Insurance
- Manzana Insurance
- Marketing and Customer Relationships Worksheet
- Customer Arbitrator
- Experts Expect Health-insurance Costs To Keep Soaring
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