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Customer Satisfaction Survey on Star Health

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Customer Satisfaction Survey on Star Health
1.1Customer Satisfaction What is customer satisfaction? Customer satisfaction refers to how satisfied customers are with the products or services they receive from a particular agency. The level of satisfaction is determined not only by the quality and type of customer experience but also by the customer’s expectations. A customer may be defined as someone who: •Has a direct relationship with, or is directly affected by your agency and •Receives or relies on one or more of your agency’s services or products. Customers in human services are commonly referred to as service users , consumers or clients. They can be individuals or groups. An organization with a strong customer service culture places the customer at the centre of service design, planning and service delivery. Customer centric organizations will: •Determine the customers expectations when they plan •Listen to the customer as they design •Focus on the delivery of customer service activities •Value customer feedback when they measure performance.

Why is it important? There are a number of reasons why customer satisfaction is important in Insurance Sector: • Meeting the needs of the customer is the underlying rationale for the existence of community service organizations. Customers have a right to quality services that deliver outcomes. • Organizations that strive beyond minimum standards and exceed the expectations of their customers are likely to be leaders in their sector. • Customers are recognized as key partners in shaping service development and assessing quality of service delivery
• The process for measuring customer satisfaction and obtaining feedback on organizational performance are valuable tools for quality and continuous service improvement.

1.2 The Insurance Regulatory and Development Authority (IRDA)

Reforms in the Insurance sector were initiated with the passage of the IRDA Bill in Parliament in December 1999. The IRDA since its incorporation as



Bibliography: www.starhealth.in www.oicem.com Wikipedia www.sequoia capital.com www.iciciventures.com

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