The number of insurers looking to increase staff is now at the highest level since July 2009, according to “The Mid-Year Insurance Labor Market Study,” produced by Jacobson Group, an insurance staffing company, and Ward Group, an insurance consultancy. The majority of insurers, 54.5 percent, intend to increase staff this year, compared to 51 percent in January; and the number expecting to increase revenue is 78.4 percent, up from 69 percent for the same period.
“The results of the labor study are indicative of a stabilizing landscape,” says Gregory Jacobson, CEO of The Jacobson Group. “It seems that insurers are putting uncertainty to rest while keeping hiring strategies on track.”
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