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Insurance Market ResearchCase 10 of 10Illustrative engagement

Brand tracking for a new insurer

A new digital insurer

  • RegionIndia
  • Scope2,000 respondents per wave
  • TimelineQuarterly
  • MarketsIndia
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Illustrative engagement. A representative scenario showing how we approach this kind of work in insurance. It does not describe a specific client; outcomes are described qualitatively.

01

Industry overview

What is shaping insurance

Insurance is bought for peace of mind and judged at the moment of a claim. Agents, digital journeys and claims experience shape trust.

  • Many buyers do not fully understand their policies
  • Claims experience defines the brand
  • Agents remain important alongside digital
02

Client background

A new digital insurer, working in India. This is an illustrative engagement: a representative scenario showing how we approach this kind of work, not a named client project.

Organisation
A new digital insurer
Sector
Insurance
Team engaged
Market Research
Services
Quantitative research, Online surveys, Data analytics & dashboards
03

Client challenge

The insurer needed to measure brand growth against established players.

04

Research objectives

  • Deliver on the brief: brand tracking for a new insurer.
  • Understand the views, needs and behaviour of respondents.
  • Produce results that can be compared across groups and locations.
  • Set up a repeatable measure the client can track over time.
05

Target audience

The work focused on 2,000 respondents.

  • respondents2,000

Audiences we typically reach in insurance

Policy buyers and holdersClaimantsAgents and advisersProspectsScheme beneficiaries

06

Geographic coverage

Coverage: India. Market: India.

  • India
07

Research methodology

A structured quantitative design, so results could be compared across groups, locations and time.

  1. 1Brief
  2. 2Quarterly brand tracker
  3. 3Insight

We tracked awareness, consideration and trust each quarter with a dashboard.

Quantitative researchOnline surveysData analytics & dashboards

08

Sampling strategy

respondents
2,000
  • Online respondents were drawn from verified panel members who matched the screening criteria, with quotas on key profile attributes.
09

Data collection

Brief & design Sampling & set-up Fieldwork Analysis Reporting Indicative phasing.
  • The online survey was mobile-friendly and offered in respondents' languages.
10

Data quality & validation

  • Digital fingerprinting and duplicate checks
  • Attention, speed and straight-lining checks
  • Review of open-ended answers
  • Logic and range checks on the final data
  • Work carried out under our ISO 20252 quality procedures
11

Data analysis

  • Cross-tabulation by key groups and locations
  • Significance testing on the differences that mattered
  • Interactive dashboard for ongoing tracking
12

Key findings

  • Trust grew more slowly than awareness.
Trust is earned through claims.
13

Recommendations

  • Build on the core insight: trust is earned through claims.
  • Focus effort where the evidence was strongest: trust grew more slowly than awareness.
  • Re-measure after the changes to confirm the effect.
14

Business impact

  • The insurer added claim settlement stories to its communication.

What changed in the business as a result of the work. Impact is described qualitatively.

15

Deliverables & next steps

  • Insight report and management presentation
  • Cleaned data file and data tables
  • Interactive dashboard
  • Continue the routine and review results every period.
  • A natural follow-on question: will this product be understood?

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