In a survey conducted in Australia in 2019, 72.4 percent of the respondents aged 14 and over with risk and life insurance stated that they were extremely likely to renew their insurance with the same company. Contrastingly, almost 25 percent of respondents stated that they were unlikely to renew their insurance with the same company.
Share of customers likely to renew their risk and life insurance with the same company in Australia in 2019
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Roy Morgan. (September 18, 2019). Share of customers likely to renew their risk and life insurance with the same company in Australia in 2019 [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1060808/australia-customers-likely-to-renew-risk-and-life-insurance/
Roy Morgan. "Share of customers likely to renew their risk and life insurance with the same company in Australia in 2019." Chart. September 18, 2019. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1060808/australia-customers-likely-to-renew-risk-and-life-insurance/
Roy Morgan. (2019). Share of customers likely to renew their risk and life insurance with the same company in Australia in 2019. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1060808/australia-customers-likely-to-renew-risk-and-life-insurance/
Roy Morgan. "Share of Customers Likely to Renew Their Risk and Life Insurance with The Same Company in Australia in 2019." Statista, Statista Inc., 18 Sep 2019, https://www.statista.com/statistics/1060808/australia-customers-likely-to-renew-risk-and-life-insurance/
Roy Morgan, Share of customers likely to renew their risk and life insurance with the same company in Australia in 2019 Statista, https://www.statista.com/statistics/1060808/australia-customers-likely-to-renew-risk-and-life-insurance/ (last visited June 01, 2024)
Share of customers likely to renew their risk and life insurance with the same company in Australia in 2019 [Graph], Roy Morgan, September 18, 2019. [Online]. Available: https://www.statista.com/statistics/1060808/australia-customers-likely-to-renew-risk-and-life-insurance/