Viant Acquires TVision

Viant Announces Agreement to Acquire TVision

Viant Technology Inc. (NASDAQ: DSP), a leader in CTV and AI-powered programmatic advertising, today announced it has entered into a definitive agreement to acquire TVision. With this acquisition, Viant strengthens its AI-powered programmatic platform by integrating TVision’s proprietary attention signals directly into its buying platform.

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How Insurance Brands Measure Up for Viewer Attention

Over the past 12 months we’ve seen some funny, witty and celebrity-filled ads from the insurance industry - an industry that spends more on TV advertising than almost any other.

Here we take a closer look at how well these ads engage their audience, and break down the performance of some of the biggest insurance brands: Allstate, Geico, Liberty Mutual, Progressive and State Farm.

If you're interested in more context and further analysis of the top creative for these brands, be sure to watch our Insurance Industry Spotlight webinar.

When we look at the table above, we see a few scores stand out. State Farm has significant room for improvement in their Linear TV Viewability - they should optimize toward media opportunities that do a better job of keeping viewers in the room. Geico's CTV scores are especially strong. Others in the industry may want to learn from Geico's CTV strategy.

How to Interpret TVision's Scores

All results from this report can be found in TVision's Ad Scoreboard. The platform uses a simple scoring system to benchmark ad attention and viewability performance. Advertisers can access their results and uncover competitive performance in this easy-to-use platform.

For example, a score of 7 indicates that the brand is performing better than 70% of all the brands that TVision measures.

These 30-Second Ads Captured Attention Best

In the chart above we spotlight an additional metric: The Creative Breakthrough Score. TVision's Creative Breakthrough Score compares an ad's performance against other ads that ran in the same pod. Advertisers can use this information, found in TVision's Creative Scoreboard to identify breakthrough ads and optimize media placements to better engage viewers.

The % Attention metrics track what percentage of viewers maintained eyes-on-screen attention for at least 2 seconds. The average % Attention for Linear ads is 37% and 34.5% for CTV ads.

Across the board Primetime and Prime Access dayparts delivered the highest attention for these insurance ads, which is not a surprise as Primetime typically out performs other dayparts. Also notable, NBC delivered the highest attention for both Liberty Mutual and Progressive - indicating the network may also perform well for others in the industry.

Ad Analysis: Allstate

Allstate uses a relatable predicament to capture viewer attention. Let's take a look at what drove performance for the industry's top performing ad, Allstate's "Tight Squeeze".

Creative Elements Drove Spike in Attention

TVision’s second-by-second data helps advertisers pinpoint the creative elements - spokespeople, jokes, tones and imagery that best capture viewer attention. In this ad, we see consistently high attention, with spikes at specific voice overs.

The Ad Performed Consistently Well in the First Few Weeks of Its Run

A drop-off in attention that started at week 9 might suggest the ad began to wear-out.

The Media Plan Prioritized Top-Performing Placements

FX delivered the highest attention for the Allstate ad of any Network - 55.9%. The ad performed nearly 17% better than the typical ad on FX. Fox was another top performer for the ad - accounting for more than 9% of the ad’s total impressions, and delivering 43.9% attention.

Insurance Advertisers on CTV

With TVision's CTV Adoption Score in Ad Scoreboard, advertisers are able to understand their investment in CTV compared to their competitors. These five insurance advertisers are investing in CTV at relatively standard rates compared to all TV advertisers.

Ads that capture attention on linear, don't always perform the same way on CTV, and so advertisers making significant CTV investments need to understand where their campaigns perform best on CTV. In the case of these insurance advertisers, MVPD apps like AT&T Now and Xfinity, which deliver a linear-like viewing experience are also delivering the most ad attention.

Ad Attention Varies for Insurance Companies Across Linear TV

Linear television delivers 37% ad attention on average, but across networks and dayparts there are significant variances in attention. Savvy insurance advertisers use TVision's Ad Scoreboard to pinpoint the networks and dayparts where they - and their competitors - perform best, and re-assign inventory and creative accordingly.

These are the Demos Where Insurance Advertisers Perform Best

In the battle for brand awareness, insurance advertisers are trying to reach key demos at the right time, to ensure their brands are top of mind when it comes time to purchase or renew insurance. But some brands are capturing attention from key demos better than others, and some are doing better on CTV than average advertisers, with specific demos.

Within Ad Scoreboard, advertisers can see how well they perform with specific age and gender demographics. Here we highlight the age demos where insurance advertisers outperformed the average by the highest amount. Allstate was able to capture attention better than average from the hard-to-engage 18-29 year old demo across both CTV and Linear, while Liberty Mutual had a harder time breaking through across all demos.

* Liberty Mutual did not outperform for ad attention across any demos on CTV.

TVision Methodology

TVision maintains an opt-in panel of 5,000 TV and CTV viewing households and is able to report second by second attention and viewability for 13,000+ viewers. Data in this report was compiled between August 15, 2021 and August 15, 2022.