When top-rated warranty claims processes reduce resolution time by 40%, why do most companies still struggle with 23-day average processing cycles? A 2023 McKinsey study reveals 52% of manufacturers face customer attrition due to inefficient claims handling. Let's unpack what separates industry leaders from laggards.
When was the last time you reviewed your insurance products? In 2023, global insurance gaps reached $1.8 trillion despite record premium volumes, according to Swiss Re Institute. Why do 68% of policyholders feel their coverage doesn't match actual risks?
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