Insurers are anticipating moderate but sustainable growth, as indicated by their staffing plans, according to a recent Jacobson Group and Ward Group report. The number of insurers planning to staffing increases has increased by 10 percent over the course of the last year as the number of insurers also anticipating revenue growth has increased slightly.
By function, technology, underwriting and sales/marketing, in that order, cited the highest demand for increased staffing; however, Gregory Jacobson, CEO of The Jacobson Group, also deemed technology one of the most difficult segments of an insurance company to staff.
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