From Yahoo to Sony to Equifax, data breaches and cyber hacks are becoming more and more common. And they are not getting any cheaper. In fact, according to Ponemon’s Cost of Data Breach Survey, the cost of a hack is on the rise – 2017 set a record high with an average total cost of ... Regulations in the Age of Cybersecurity
The underwriting automation engine has undoubtedly become a popular approach for many insurance organizations seeking to increase efficiencies and augment their workforces. While implementing this technology is likely vital to remain competitive, there is often a disconnect between the expectations and the reality of automation’s impact on underwriting operations. Automation is not a “magic bullet,” and ... Underwriting Automation: Why Expectations Might Not Match Reality
As Baby Boomers continue their transitions into retirement and the insurance industry becomes more dependent on Millennial and Gen Z employees, organizations need to take a good hard look at their benefits packages to make sure they jibe with the next generations. By now, most insurers have transitioned to perks like casual dress with a ... 8 Creative Benefits Guaranteed to Attract Young Professionals
No longer just an ominous warning for the future, the long-predicted war for talent is here. The insurance industry—in particular—has been hard hit by the emerging talent crunch and insurers are now faced with more openings than potential professionals. The result is a candidate’s market. With this in mind, organizations must rethink their current hiring ... Overcoming Today’s Candidate-Driven Market
Technology continues to have a drastic impact on how the business world operates. Life insurers are no exception. Within the life sector, organizations are navigating their way through a number of emerging technologies. From the evolution of InsurTech to rapidly changing customer needs, life insurance firms need to adapt to today’s quickly-changing market. The claims ... Life Claims Goes High Tech
This blog entry is part one in Jacobson’s Insurance Careers Month video series, which features our own Millennial bloggers providing their unique insights and insider perspectives into insurance as a great career choice. It is my pleasure to introduce Shelby Kling as our millennial guest blogger for this latest post. Shelby is the Executive Search Assistant ... How to Write a Resume. An Insurance Careers Month Video Series
This blog entry is part one in Jacobson’s Insurance Careers Month video series, which features our own Millennial bloggers providing their unique insights and insider perspectives into insurance as a great career choice. It is my pleasure to introduce Daniel Villa as our millennial guest blogger for this latest post. Dan is a Business Development Coordinator ... How to Successfully Job Hunt. An Insurance Careers Month Video Series
The insurance industry faces a real and immediate talent crisis. Annually, four million Baby Boomers retire nationwide. Within insurance, nearly 50 percent of the workforce will be retired by 2034. At this rate, the industry will need to fill 400,000 positions by 2020 in order to remain fully staffed. Unfortunately, less than one in ten ... Insurance Careers Movement: Top 5 Ways to Get Involved
The chips and dip are plated, the big screen is fired up and the chili is ready to go. You may think you’re all set for the big game, but are you missing something critical? When it comes to watching the Super Bowl, nine out of 10 viewers will be viewing the game from the ... Are you insured for the Big Game?
Now more than ever, we are living in a talent-led economy. Increasingly low unemployment rates, rising retirements and a tightening labor pool have created a candidate’s market. Building a positive candidate and employee experience amid this evolving economy is becoming increasingly critical. Only those organizations that focus on building effective interactions will be able to ... Human Resources Joins the Technology Revolution
The talent market within the industry is evolving at a rapid pace. Insurance organizations face an increasingly challenging labor market, a growing talent shortage and rising turnover rates. Is your company prepared? Here are the eight top insurance industry trends forecasted for 2018: Employee Engagement to Address Rising Turnover Rates: A competitive landscape and increasingly ... Insights into Today’s Evolving Talent Reality: Trends for 2018
It is my pleasure to introduce a guest blogger for this latest post. My brother and co-chief executive officer Greg is head of The Jacobson Group’s executive search team. His insights into evaluating executive candidates are worth a read. Enjoy… Perhaps it’s a Chief Executive Officer retiring after nearly 30 years of service. Or maybe ... Unlocking the Strategies for Successful Executive Evaluation