The Fight For Claims Talent

 Thursday, October 21, 2021

 CLM Magazine

The past 18 months have brought on new challenges and evolving workplaces for virtually all industries. Now, in the midst of what many are calling ‘the Great Resignation’ of the workforce, the insurance industry is experiencing more of a ‘Great Reshuffle.’

Insurance professionals who were holding off on career moves due to economic uncertainty are exploring their options and pushing forward with their plans.

As professional values and motivators shift, employees are reevaluating their goals and employer expectations.

Savvy insurers are using this time to their advantage, working to better understand their competition as well as the current state of the labor market, and looking at how they can best meet employee needs in a continually changing environment.

According to the U.S. Bureau of Labor Statistics, the unemployment rate for insurance carriers and related activities has steadily risen since April 2021.
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