Gamification has already helped insurers improve customer engagement and employee collaboration. Today, using a well-designed prioritization model and best practices, carriers can apply gamification to boost the performance of sales, marketing, and the brand.
Like most emerging technology trends, gamification was introduced with a lot of hype, and was until recently a favorite topic of research reports and a go-to buzzword for CIOs and CXOs. For some insurers, gamification initiatives generated significant business benefits. Perhaps the best known is Farmers’ partnership with the developers of Farmville, which aimed to increase customers’ awareness of the company’s products.
On the other end of the spectrum, there was the belief that gamification only applies to employee training/education, since questions about the actual business returns had yet to be answered. Over time, many insurance companies began to experiment with gamification using internal and external “players”. While some benefited, others shelved their initiatives due to poor or no returns, high maintenance costs, and the need to focus on other opportunities.
What to do then?
To learn more about the key attributes of successful gamification design, download the white paper Gamification for Insurers: A Practitioner’s Perspective.