Percentage of Sales Growth
Measures the amount of policy renewals and new policy sales over a set period of time.
The Percentage of Sales Growth KPI measures the amount of policy renewals and new policy sales over a set period of time. The renewal ratio measures the number of insured clients that stay enrolled in a program after the initial coverage period expires. New policies include any clients purchasing coverage for the first time, or returning after an extended period.
Formula
Renewals / Policies Sold
Services
Role
C-Level,
VP / Director
