A strong brand name is a major strength of Insular Life. This gives Insular Life the ability to charge higher prices for their products because consumers place additional value in the brand… … "Brand Name (Insular Life)" will have a long-term positive impact on the this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity. "Brand Name (Insular Life)" is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it.