Given the continued improvement of technology and the advent of mobility in today's society, workers can now do their jobs teleworking from a remote location-be it in the comfort of their home office, the backseat of a taxi or even lounging in the sun while listening to lapping waves in a tropical paradise.

But what does the opportunity for teleworking mean for insurance companies? According to industry experts, many workers now have shifted their expectations from being cube-bound to being free to work wherever, whenever, based in large part to the progressive mentality of the incoming millennial generation (workers born approximately from 1981 to 2001). Karen Pauli, research director of the insurance practice at Needham, Mass.-based TowerGroup Inc., believes that not only do younger workers demand enhanced work/life balance, they're also more environmentally conscious than older coworkers. And with gas prices continuing to rise and employees looking to save money at the pump along with their hours stuck in traffic, these expectations are transcending generations and the demand for working remotely is higher than ever.

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