3 min read
6 Challenges to Digital Payment Adoption in the Insurance Industry
Insurance payments are going digital. Many insurers already accept inbound premium payments from policyholders. Now...
Insurance payments are going digital. Many insurers already accept inbound premium payments from policyholders. Now...
In part 3 of this four-part series, we explained the complexities of mortgagee property claim payments. Here in our...
In part 2 of this four-part series, we took a deeper look into the pain points of lienholder payment, what’s involved...
By Krystyna Kravchuk on Nov 6, 2019 8:00:00 AM
The first Wednesday of November is National Stress Awareness Day, so today we're going to briefly discuss an industry challenge that is not (entirely) solvable through digital technology. Stress.
By Krystyna Kravchuk on Apr 4, 2019 12:00:00 PM
When trying to fill open positions, insurance recruiters and HR managers are often challenged to find creative ways to attract new talent. To get through some of the stereotypes of what it means to work in insurance, consider spreading the word of your company's advancements, and give reasons why the next generation of job-seekers should consider your company when planning out their career goals. You may want to include some of the following concepts in your messaging.
By Krystyna Kravchuk on Mar 8, 2019 1:37:44 PM
One of the greatest challenges facing insurers today is a shortage of workers, often referred to as the "talent gap." Despite historically low unemployment rates, many insurers are scrambling to fill essential positions. Claims adjusters, underwriters, and sales professionals – the very backbone of the profession – are in short supply and high demand.
While most efforts are focused on recruiting and retention, it is often what happens in-between that makes the difference when it comes to the most critical shortage areas. Solving the talent gap requires a more holistic approach, expanding the focus to include strategies beyond traditional recruitment and retention efforts.
By Krystyna Kravchuk on Feb 26, 2019 12:55:30 PM
Industry experts have for years been warning of an eminent employee-shortage as baby boomers retire en masse. Loss of highly experienced workers, coupled with the fact most new graduates rarely consider an insurance career, means many companies are losing more workers than they can replace. Insurance Business Magazine refers to the problem a “talent crisis.”
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