Insurance businesses in North America risk losing business bymaking customers wait on hold for almost 28 seconds, new researchhas revealed.

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Every call made to companies in the insurance sector as part ofthe large-scale study, conducted by audio brandingspecialist PHMG, was put on hold, compared to a North Americanaverage of 70 percent. Those callers are being forced to wait for27.53 seconds on average, slightly less than the North Americanaverage of 28.39 seconds.

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Related: Want happy customers? Then respond tothem

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Risk of caller hang-ups


To make matters worse, callers are left listening to inappropriateaudio, which could increase the risk of caller hang-ups. Theresearch discovered 27 percent of insurance firms' subject callersto beeps, while 24 percent leave customers waiting in silence, 24percent use generic music and 22 percent make callers listen toringing.

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“The research results do not reflect particularly well on theinsurance sector, as few firms appear to be employing a bestpractice approach to call handling, according to Mark Williamson,CEO at PHMG. "It’s worrying that customers are being left on holdfor almost 28 seconds as this can be a major irritation forcustomers, but what makes matters worse is that they are left insilence or listening to poor-quality music, which increases therisk of hang-ups."

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First call satisfaction important


A previous study of 2,234 U.S. consumers found 59 percent will not do business with a company again iftheir first call isn’t handled to satisfaction. Therefore, it isimportant companies do everything they can to improve theexperience.

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This latest study also found insurance firms answer the phonewithin an average of three rings, yet none of the businesses werefound to use an auto-attendant service to greet callers outside ofnormal business hours.

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Related:

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Using 'nimbility' to serve insurancecustomers

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10 steps to developing sales potential inyour CSRs

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