Printer Friendly
The Free Library
14,588,558 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Study: Insurers Have Mastered Comparison Shopping Online.


Insurers lag others in the financial-services industry in the depth of their online product offerings and transactional capabilities, but insurance Web sites are among the best in allowing customers to comparison-shop, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 an Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see .
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing
 study.

Arthur Andersen studied more than 100 financial--services Web sites--including 18 insurance company sites--and evaluated each segment of the industry on how effectively it used e-business in five areas.

Insurance companies had the lowest overall median score and came in last in processing, fulfillment ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 and ongoing customer service. Insurers scored highest in application, which refers to a company's ability to accept policy-quote requests and applications through the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
. Brokerage firms had the highest total median score.
COPYRIGHT 2000 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Comment:Study: Insurers Have Mastered Comparison Shopping Online.
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2000
Words:112
Previous Article:ePolicy Offers Business-to-Business Coverage.(Brief Article)
Next Article:More Agents Using Internet.(Brief Article)
Topics:



Related Articles
Power Shift.
Industry Is Coming Online.(insurance industry)(Brief Article)
Consumers Hesitant To Buy Insurance Online.(InsWeb Corp. profile)(Brief Article)
Window Shopping.(Brief Article)(Statistical Data Included)
Putting It All Together.(online account aggregation)(Brief Article)(Industry Overview)
GE Financial Teams With eHealthInsurance.(Brief Article)
What works online: Some insurers have found the key to unlocking online sales. (E-Commerce: Cover Story).
Digitizing claims. (E-Fusion conference: Managing; Technology).(Brief Article)
Waking tiger: with 59 million people online, China's e-commerce potential is enormous for insurers. (E-Commerce).
Encyclopedia of American Studies.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles