Harnessing Alternative Skills In The Insurance Industry

Those of us who have worked in and around the commercial Insurance industry understand that it has a great responsibility to society.

Without insurance, trains wouldn’t leave the terminal, power stations wouldn’t produce electricity, sports events wouldn’t happen, banks wouldn’t open — day-to-day life would simply cease to function as people cannot afford to bear the risk of operating.

Insurers and Intermediaries have worked hard to understand the perils facing organisations of all sizes, from the ‘man-with-a-van’ to the global logistics company, working to ensure that they have recourse in the case of a major event that effects the continued operation of their business.

It is a well-constructed insurance product that can provide that safety net. It is not just the policy itself, but the network of experts and specialists that the industry is linked with, that aids people in getting their homes and lives back to normal after a hurricane, that lets a hotel get back to renting rooms and employing staff after a fire, that supports a nation in turmoil recovering after a devastating earthquake and tsunami…

Yet despite all this, the insurance industry is still perceived by many as being grey and uninspiring, and so struggles to attract the best and brightest talent to join its ranks.