Andy Chow
Insurance

Now & Then: APAC Insurance Customer Experience Reality Check

**Hook:** "Is your insurance business leaving a $47 billion opportunity on the table?" The APAC insurance market is experiencing rapid growth, yet a significant number of insurers are failing to realize the full value of their digital transformation efforts. This creates a clear divide between CX leaders who are capturing market share and laggards who are facing margin compression. For C-suite executives, investing in customer experience is no longer optional but a strategic necessity to protect current value and unlock future growth in this competitive landscape. **Key Insights:** • A staggering 74% of insurers struggle to extract tangible value from their digital initiatives, putting $47 billion in value at risk in the APAC region. • CX leaders in the APAC insurance market achieve up to 8% annual growth directly attributable to superior CX initiatives and a 10-20% increase in Customer Lifetime Value (CLV). • A major barrier to CX success is the dominance of 'product DNA' over 'customer DNA', with 65% of APAC C-suites still prioritizing product-centric strategies.

An estimated $47 billion in value is at risk in the APAC insurance market due to inadequate customer experience (CX) transformation.

Value at risk from poor CX

Now & Then: APAC Insurance Customer Experience Reality Check Download Report