Talent retention in insurance: the keys to success

Talent attraction remains an area of concern for the insurance sector, and though the industry has no shortage of seasoned experts with an extensive background across all areas of insurance, an influx of new talent still remains thin on the ground. One thing that most consider when entering a new role is how their organisation will support their life outside of work. As the hardships of raising a family and maintaining a career have increasingly come to the forefront, initiatives such as flexible working and part-time hours are a strong pull for the workforce – and, according to statistics, are a solid predictor of loyalty and productivity. “I certainly think that flexible work arrangements are an important development and are an important part of organizational change,” Willis Towers Watson head of legal, Australasia, Jon Downes told Insurance Business.