How we helped one company reach out to young people in 3D.

 

Penn Mutual is one of the oldest life insurance companies in the United States. However, it lacks brand recognition because it goes to market through insurance agents and doesn’t do any consumer-facing advertising. This led to two issues:  

  • Its agent base was aging, and younger people weren't becoming agents; and, 

  • Its customer base was getting older, and younger people were not as attuned to buying life insurance. 

To connect with young people, Princeton Partners recommended that Penn Mutual take greater advantage of its partnership with Collegiate Rugby by using innovative, memorable event marketing that encouraged sharing on social media. 

We used Wasabi3D, a company that Princeton Partners created to increase word-of-mouth marketing at events, to develop and install 2D custom Penn Mutual canvases that, when photographed, would make a subject of the photo appear as if they were in a 3D environment. 

Game attendees were invited to have their picture taken on the canvases and share across their social networks. The added benefit was that Penn Mutual was able to capture their information and direct career and product information to them. 

 

Results

 

This effort grew Penn Mutual's pool of potential broker candidates. It also provided the opportunity to begin conversations with the students about the longer-term benefits of life insurance and the role it can play in well-thought financial plan.

One of our industry’s biggest challenges is recruiting the next generation of insurance and financial professionals. The experiential team at Princeton Partners created an on-campus activation for Penn Mutual that combined a fun, unique experience with data collection and one-on-one conversations. We implemented the program at over 30 different college campuses and sports events across the country and had tremendous results.”
— Leanne Acton, AVP, Engagement Marketing

Events for social

 
 
 

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