For the past 16 years, Rhode Island-based Amica Mutual Insurance Company has won the annual J.D. Power award for being the “Highest in Customer Satisfaction Among National Homeowner Insurers.” That helps explain how Amica has achieved enviable customer retention rates, despite its use of disconnected legacy technologies.
“We’ve won many awards and our customers stay with us for a long time, but we’ve been doing it without CRM technology,” said Peter Moreau, Chief Information Officer. “Today, when our customers contact us, they expect us to know them. Salesforce and Guidewire will enable that, accelerating our ability to use our data and take action on it, improving first-call resolution and overall customer satisfaction.”
To improve the customer experience, Amica implemented a new systems upgrade called CARE — Customer Acquisition, Retention, and Engagement. With the help of Salesforce Financial Services Cloud, the CARE system will take Amica’s customer service to even higher levels, while also driving increased revenue growth and internal efficiencies.
As a mutual insurer (one that’s owned by its policyholders), Amica already has customer-centricity in its DNA. “With Salesforce, Amica will get even better,” said Moreau. “Salesforce is going to accelerate our ability to leverage all our information and take action on it.”
Since 2016, Amica has used Guidewire InsuranceSuite to improve customer service levels by streamlining and unifying its operations. The first joint customer of a new property and casualty partnership between Guidewire and Salesforce, Amica is deploying Guidewire ServiceRepEngage and Guidewire ProducerEngage for Salesforce Financial Services Cloud to make agents and customer service reps more effective.
“Our vision for the Salesforce and Guidewire partnership is to position us to do an even better job of executing, day in and day out,” said William Fitzgerald, VP of Sales and Client Services. “The partnership will enable us to harness and leverage more pertinent information within Guidewire’s systems. At the end of the day, it will help create a seamless experience for our representatives, which in turn, will support a better customer experience.”
Amica’s policyholders should benefit the most from the joint solution. Some of the benefits that Amica anticipates are increased first-call resolution rates and higher levels of customer satisfaction.
“We expect that CARE will enable Amica representatives to deliver more actionable insights sooner, which will lead to higher levels of customer satisfaction,” said Fitzgerald. Those actionable insights are expected to also yield higher sales conversion rates, improved lead ratios, reduced acquisition costs and increased success in cross-selling. “With all of the capabilities in Salesforce and Guidewire, we anticipate a positive impact on all the various policyholder touchpoints,” he added.
“We’re giving our sales teams the best tools on the market,” said Sue Haney, Assistant VP of Corporate Information Systems. “So they can improve their efficiencies, sell more policies, and provide even better service to customers.”