StratoScience offers a tailor –made and cohesive vision to manage the increasing complex decision making process that supports future goals and growth.
WE GIVE YOUR DATA A VOICE!
If you are a company that provides products or services, which are paid via a regular premium or payment, such as insurance, savings or loan products, or have a continuous relationship through current accounts or credit cards, the impact of a customer lapsing and stopping paying those premiums is substantial.
Many organisations require several months, even years, to recover the marketing and initial setup costs, in addition to the loss of income over the period of the product or services’ potential life.
Knowing the lapse probability of a customer proactively should affect how you service them now, and whether you should have accepted them in the first place. |