AN ASSESSMENT OF CUSTOMER SATISFACTION FROM THE INSURANCE POLICIES OF SIERRA LEONE NATIONAL INSURANCE COMPANY

<p>The primary focus revolves around dissecting the key factors influencing satisfaction and dissecting the intricate interplay between customer satisfaction and behavioral intentions exhibited by consumers within the company's context. The study employs a cross-sectional survey methodology, employing a meticulously designed self-administered structured questionnaire that has been disseminated among the customer base of the Sierra Leone National Insurance Company. Employing the robust Structural Equation Modeling (SEM) approach, the research orchestrates an insightful exploration into the dynamics of relationships between various variables. The outcomes of this meticulous inquiry underscore the paramount importance of reliability and responsiveness as integral facets affecting customer satisfaction within the realm of the Sierra Leone National Insurance Company. Contrarily, the study finds technical quality, price, and image quality to lack significant influence as determinants of consumer satisfaction within the company's domain. Significantly, the study unravels a substantial and positive nexus between customer satisfaction and diverse behavioral intentions, spanning from the intent to recommend, switch, and repurchase. Interestingly, the intricate interplay between customer satisfaction and behavioral intentions remains resilient even in the face of demographic influences such as gender, age, educational attainment, and income levels. In conclusion, this study presents insightful recommendations for future explorations, delves into the multifaceted implications for management and theoretical frameworks, and takes cognizance of the inherent limitations encountered during the research journey.</p><p><br /><strong>JEL:</strong> D12; D81; G22, L15; M31</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0799/a.php" alt="Hit counter" /></p>

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Publication Details

Journal
European Journal of Economic and Financial Research
Published
2024-11-06
DOI
https://doi.org/10.46827/ejefr.v8i6.1853
Primary Topic
Insurance and Financial Risk Management
Type
article
Field-Weighted Citation Impact
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article

AN ASSESSMENT OF CUSTOMER SATISFACTION FROM THE INSURANCE POLICIES OF SIERRA LEONE NATIONAL INSURANCE COMPANY

Sheku Kamara, Philip Koroma, Samu Baion
European Journal of Economic and Financial Research
Insurance and Financial Risk Management
article

AN ASSESSMENT OF CUSTOMER SATISFACTION FROM THE INSURANCE POLICIES OF SIERRA LEONE NATIONAL INSURANCE COMPANY

Sheku Kamara, Philip Koroma, Samu Baion
article en

Abstract

<p>The primary focus revolves around dissecting the key factors influencing satisfaction and dissecting the intricate interplay between customer satisfaction and behavioral intentions exhibited by consumers within the company's context. The study employs a cross-sectional survey methodology, employing a meticulously designed self-administered structured questionnaire that has been disseminated among the customer base of the Sierra Leone National Insurance Company. Employing the robust Structural Equation Modeling (SEM) approach, the research orchestrates an insightful exploration into the dynamics of relationships between various variables. The outcomes of this meticulous inquiry underscore the paramount importance of reliability and responsiveness as integral facets affecting customer satisfaction within the realm of the Sierra Leone National Insurance Company. Contrarily, the study finds technical quality, price, and image quality to lack significant influence as determinants of consumer satisfaction within the company's domain. Significantly, the study unravels a substantial and positive nexus between customer satisfaction and diverse behavioral intentions, spanning from the intent to recommend, switch, and repurchase. Interestingly, the intricate interplay between customer satisfaction and behavioral intentions remains resilient even in the face of demographic influences such as gender, age, educational attainment, and income levels. In conclusion, this study presents insightful recommendations for future explorations, delves into the multifaceted implications for management and theoretical frameworks, and takes cognizance of the inherent limitations encountered during the research journey.</p><p><br /><strong>JEL:</strong> D12; D81; G22, L15; M31</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0799/a.php" alt="Hit counter" /></p>

European Journal of Economic and Financial ResearchVol. 8(6)
University of Sierra Leone (SL), Ministry of Finance (JP)
Openalex Percentile: Top 73%
Insurance and Financial Risk Management
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