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70% of insurance CEOs see skills shortage as a threat to growth

29/03/16 09:55 / by The Insurance Institute posted in Careers, Industry Insights

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Attracting and retaining appropriate talent is a huge challenge for 70% of insurance CEOs globally, according to PWC’s Annual CEO Survey. This figure remains steady with previous years and is likely to grow with specialist skills becoming more in demand as technologies advance.

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INFOGRAPHIC: The best (and worst) study habits

21/03/16 12:24 / by The Insurance Institute posted in Study and exams

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Sometimes knowing the best study habits for your learning style is half the battle. What works for you won't necessarily work for the person sitting beside you, so this infographic contains some great tips on how best to study, depending on the type of learner you are.

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Is a career in insurance right for you? (Guest blog)

29/02/16 14:23 / by The Insurance Institute posted in Careers

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Ursula Murphy, Human Resources Director at Allianz Ireland, discusses the ins and outs of a career in insurance, highlights a diverse range of roles available to graduates and professionals and asks the question: is this career path right for you?

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Driverless cars: a new reality

04/02/16 10:49 / by The Insurance Institute posted in Thinkpiece

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According to research by the University of Michigan Mobility Transformation Centre, the market for autonomous vehicle technology will grow to almost €40 billion in 2025 and self-driving cars may account for a quarter of auto sales by 2035.

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Do we need a new pricing model for motor insurance? (Thinkpiece)

02/02/16 00:00 / by The Insurance Institute posted in Thinkpiece

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The trend of rising insurance premiums that was so prevalent throughout 2015 looks set to continue, due to a variety of circumstances. Insurers, managing general agents (MGA) and others believe this is due to the rising cost of claims and an increased solvency capacity requirement; however there are other uncertain factors that are well known to the insurance community contributing to this trend.

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75% would recommend a career in insurance to friends or family

18/01/16 10:19 / by The Insurance Institute posted in Careers

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Last week, Deloitte released their findings from a survey conducted with third level business students in Ireland. It was disheartening, but perhaps not surprising, to find that the insurance industry did not fare well in terms of its popularity as a career choice, falling one place to 19th out of 22 industries.

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5 Reasons Why Your CPD Isn't Just a Tick The Box Activity

08/01/16 10:04 / by The Insurance Institute posted in Careers

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As insurance professionals, most of us are required to complete continuing professional development under Central Bank regulations. This is not exclusive to insurance or financial services professionals – engineers, healthcare workers, plumbers, lawyers, teachers and beyond, all complete various forms of continuing professional development to keep their skills and knowledge up-to-date.

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How vehicle cameras are helping to protect fleets (Thinkpiece)

05/01/16 16:07 / by The Insurance Institute posted in Thinkpiece

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With crash for cash fraud, bogus whiplash claims and rising insurance premiums costing businesses many millions each year, fleet operators are looking at ways of mitigating financial and operational risks. Forward-facing vehicle cameras offer an effective means of proving exactly what happened in the event of a collision, but how do they work, what do they offer and are all systems the same?

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Double relief or double jeopardy? (Thinkpiece)

05/01/16 13:21 / by The Insurance Institute posted in Thinkpiece

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A recent judgement of President of the High Court in Ciaran Culkin v. Sligo County Council [2015] IEHC 46 deals with the issue of alleged bullying and harassment and the multi-faceted litigation that these cases bring.

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Building a workforce for the future

14/12/15 12:36 / by The Insurance Institute posted in Careers

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Apprenticeships key to unlocking a new pool of insurance talent

With the insurance industry suffering from a crisis in talent acquisition, the announcement of the approval of a professional apprenticeship programme for the insurance sector has been warmly welcomed throughout the industry.

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