2007-12-06 08:16:17 · 4 answers · asked by ravensfan5252 3 in Business & Finance ➔ Insurance
Yep, it's the same as losing a policyholder to a different company.
You do lose customers. If you retain 90% from one year to the next, you're doing pretty good.
2007-12-06 15:16:11 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋
It is no different than losing a policyholder to another company.
2007-12-06 10:23:32 · answer #2 · answered by Zef H 5 · 0⤊ 0⤋
Do you really thinks that bothers them? Insurance is required by most states, for most areas of life, and just about everyone needs it. It takes alot of resourses to be self insured.....so you don't really see that happening as much as you might think.
2007-12-06 08:27:15 · answer #3 · answered by T 5 · 0⤊ 0⤋
you'd be surprised. There are companies who are self insured, but use insurance cos to advise and administer their program.
2007-12-06 09:36:58 · answer #4 · answered by TedEx 7 · 0⤊ 0⤋