Gen Y News

J.D. Power: Technology Can’t Replace Human Element in Auto Claims Process

Gen Y customer satisfaction with the auto insurance process, while still the lowest among all generations, is improving and carrying the rest of the industry with it, according to the J.D. Power 2016 U.S. Auto Claims Satisfaction Study, released today. …

J.D. Power: Property Insurance Claim Satisfaction Slips for the First Time in 5 Years

Customer satisfaction among homeowners filing a property claim has slipped for the first time in five years, largely driven by declines in satisfaction with the total settlement and service interactions, according to the J.D. Power 2016 U.S. Property Claims Satisfaction …

Coverage and Price Push Gen Y Homeowners Customers to Unbundle Policies

Considered the largest customer segment of home buyers in the United States, Gen Y homeowner customers unbundle—or split—their product needs across multiple insurers at a higher rate than any other generational group, creating an opportunity for insurers, according to the …

Generation Y Reports Greatest Increase in Auto Insurer Satisfaction

Gen Y customers are the driving force behind an increase in overall auto insurance satisfaction due to improvement across all customer service interaction channels, the largest contributor to the customer experience, according to the J.D. Power 2015 U.S. Auto Insurance …

Navigation, Website Features Attract Younger Auto Insurance Shoppers

When selecting an insurance company, price continues to be an important driver for all shoppers; however, younger generations—Gen X (35 percent) and Gen Y (35 percent)—are less likely to select the lowest-priced brand than are Boomers (47 percent), according to …