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Compass 9.4: Taking Action – Developing Succession Plans For An Evolving Future

Faced with an aging industry, impending retirements and a tightening talent pool, developing and implementing a succession plan is vital to ensuring an organization’s continued success. Jacobson co-CEO Greg Jacobson shares insights into the current state of industry succession planning and best practices and strategies for developing a successful leadership development plan. This edition also ... Compass 9.4: Taking Action – Developing Succession Plans For An Evolving Future

Scary Stuff: Halloween Insurance Claims

It’s that time of year. The days are getting colder, the afternoons are getting darker and soon an assortment of ghouls and goblins will parade down the streets. Beyond the haunts and scares of Halloween, perhaps the spookiest part of the season is the increased vulnerability to insurance claims and lawsuits. According to the National ... Scary Stuff: Halloween Insurance Claims

The Actuarial Talent Conundrum

The actuarial profession continues to face a period of drastic changes. From market evolutions— including the introduction of more stringent regulations—to talent transformations, including the increased popularity of science, technology, engineering and mathematics (STEM) degrees, these shifts are having a drastic impact on the supply and demand of actuarial professionals. Explosive Growth in the Health ... The Actuarial Talent Conundrum

The Hunt is On: The Great Underwriter Shortage

The search is on for qualified underwriting talent. Amid a growing number of positive labor trends—including low unemployment rates and positive staffing increases—a number of key insurance functions are feeling the pinch. Underwriting positions, in particular, are becoming more and more difficult to fill. As a result, the war for insurance underwriting talent is heating ... The Hunt is On: The Great Underwriter Shortage

Rethinking Strategic Recruitment and Selection in Today’s Evolving Market

The insurance industry talent crisis has finally come to a head. Despite years of warning and research, many organizations viewed the talent crisis as a long-range concern on the distant horizon. Unfortunately, they are now coming face-to-face with a real war for talent. The insurance industry, in particular, is feeling the impact of the tightening ... Rethinking Strategic Recruitment and Selection in Today’s Evolving Market

Compass 9.3: Rethinking Strategic Recruitment And Selection In Today’S Evolving Market

The insurance industry currently stands amid what is being considered one of the most competitive recruiting environments in history. Only those organizations that embrace a new way of thinking about recruitment and selection will be able to successfully compete. Jacobson shares insights into recruitment and selection best practices and strategies to ensure your organization can ... Compass 9.3: Rethinking Strategic Recruitment And Selection In Today’S Evolving Market

Top 7 Industry Sectors Experiencing Growth

The post-recession recovery has seen monumental growth within the insurance industry. In fact, according to a recent PropertyCasualty 360 article, the industry has added more than 100,000 new jobs in roughly five years. The industry’s historical vitality is helping to make an insurance career more appealing to job seekers looking for stability in the wake ... Top 7 Industry Sectors Experiencing Growth

When Disaster Strikes: Top 5 Questions to Ask Your Temp Staffing Partner

A wildfire that rapidly spreads across state borders, a tornado that cuts across a city leaving broken buildings and homes in its path, an earthquake that topples buildings and injures thousands, or an unexpected hurricane that devastates a coastal area: natural disasters are unforeseen and unpredictable, often leaving a path of devastation and destruction in ... When Disaster Strikes: Top 5 Questions to Ask Your Temp Staffing Partner

Are You Ready for Phase Two of HIPAA?

The second phase of OCR’s (the U.S. Department of Health and Human Services Office for Civil Rights) HIPAA (Health Insurance Portability and Accountability Act) is beginning. Building on the HITECH (Health Information Technology for Economic and Clinical Health) Act passed in 2009, the audits have expanded and modified many of the original HIPAA requirements for ... Are You Ready for Phase Two of HIPAA?

What’s on the Regulatory Horizon for Life Insurance Companies?

Following the financial crisis and economic recession of recent years, the life insurance industry is taking a hard look at their current vulnerabilities and risks. The resulting regulations will have a significant impact across all functions of the life insurance industry—and this trend of industry regulation is only anticipated to increase. As regulatory changes sweep ... What’s on the Regulatory Horizon for Life Insurance Companies?