ROI Calculator

InsurLink can help you generate more revenue…

What are your current agency premiums?

(P&C premiums - all personal and commercial)

What is your annual customer retention rate?

(80% is industry average)

Potential churn improvement with InsurLink:

(Source: RiskMatch. Notes: Policies held by InsurLink users are on average 4% more likely to renew than policies held by non-InsurLink users; based on a logistic regression of policies for over 3600 brokers and end-insured logins 1 July 2014 to 14 February 2019 that identified policy retention of 84% on InsurLink vs 80% off of InsurLink)

…and improve profitability

How many customers do you have?

How many phone calls per day do you receive?

How long is each phone call (minutes)?

What is your average employee salary (annual)?

Hourly cost per employee

TCO multiplier

Hours worked per year

Working days per year

Reduction in calls

You could save this much by reducing phone calls:

(Based on Hobson analysis of 24 customers; assumes 261 working day per year, average tax and benefits cost of 30% of employee salary - source: Bureau of Labor Statistics https://www.bls.gov/news.release/pdf/ecec.pdf)

Cost to mail

Postal charge

Reduction in distribution

You could save this much on postage and document distribution

(assumes 4 documents mailed per customer per year and $.55 mailing cost per letter - source: US Postal service) https://www.usps.com/business/prices.htm )

Please enter email address to get your revenue Improvement and Yearly Saving

Email Address

Your expected revenue improvement

(outcomes depend on how well the agency drives adoption, ranges depicted show InsurLink by 25% and 100% of clients; with use being described as a single login)

You could save this much every year:

Disclaimers

End-insureds that use InsurLink are 4% more likely to renew than those that don't

"Source: RiskMatch.
Notes: Vertafore compared policies held by InsurLink users and non-InsurLink users to find that policies held by InsurLink users are on average 4% more likely to renew than policies held by non-InsurLink users. This finding is based based on a logistic regression of policies for over 3600 brokers and end-insureds from 1 July 2014 to 14 February 2019 that identified policy retention of 84% on InsurLink vs 80% off of InsurLink. Vertafore does not guarantee any change in a specific agency's end-insured renewal percentages as results may vary."

Employee cost savings are calculated by using average reductions in time spent on specified activities based on a Hobson analysis of 24 customers. This analysis assumes 261 working day per year and average tax and benefits costs at 30% of employee salary based on data from Bureau of Labor Statistics. https://www.bls.gov/news.release/pdf/ecec.pdf)

Document distribution cost savings are based on agencies mailing 4 documents per customer per year and $.55 mailing cost per letter. Results may vary depending on number of documents sent to each customer annually as well as any changes in postal prices