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Effectiveness of insurance portfolio expansion measures Russia 2019, by practice

The cooperation with selling partners was the most effective approach for insurance portfolio expansion in Russia during 2019, as per 59 percent of polled market experts. New product development proved to be effective in over 47 percent of the cases. Up-selling, however, turned out to be insufficiently effective in most cases over that period.

Effectiveness of insurance portfolio expansion measures in Russia in 2019, by approach

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Source

Release date

August 2020

Region

Russia

Survey time period

August 2020

Special properties

Insurers

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Statistics on "Insurance market in Russia"

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