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Strategies & Market Trends : Value Investing

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To: Mattyice who wrote (55357)	5/26/2015 9:24:40 PM
From: Shane M	Read Replies (1) of 78750

Mattyice, I saw that pitch a short while ago and it honestly surprised me, although I thought the demographic component of the case was pretty powerful. I don't recall if the pitch mentioned retention levels, but that'd be a number I'd like to know in comparison to other carriers - and whether progressive can carry their younger demographics farther into the life cycle. hmmm. I was googling around and found this (From 2012) mckinsey.com See slide 15 on loyalty. Progressive rates at the bottom. The numbers in that slide actually look pretty low to me for all carriers - it iimplies a very high percentage of customers shop before renewing their policies. I don't think that's the case, but still the relative position of carriers is important to consider. all imho

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