There are approximately 4.3 million more open job postings than there are job seekers across the US, the Insurance Industry represents 10% - 15% of those open jobs.
"U.S. worker productivity continues to fall its steepest pace on an annual basis since 1948 when the Labor Department began tracking it, while growth in unit labor costs accelerated, suggesting strong wage pressures will continue to help keep inflation elevated." Reuters
As productivity plummets and costs continue to increase, leaders across insurance face significant challenges for the next 12 - 18 months (and beyond).
Many leaders are looking at their outsourced operations or turning to technology such as Automation or AI to overcome some of these challenges, however the talent crisis encompass these solutions, creating a pinch-point that is becoming increasingly hard to solve.
In this 60 min virtual roundtable, we:
- Discussed the scale of the Talent Crisis in Insurance;
- Shared insights on how leaders are seeking to overcome these challenges in the short and mid term;
- Heard about real-world success stories in solving current talent challenges using Automation and AI - with a deep dive into improving claims management and underwriting;
- Experienced a Digital Coworker, a key solution to the talent crisis challenge, in action.
Please use the form to download our on-demand recording of this live webinar!
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