Most Insurers Expect to Boost Revenues, Add Jobs in Next 12 Months: Survey

August 20, 2013

The majority of property/casualty insurers are expecting to hire more staff over the next 12 months, according to a survey from insurance recruiting firm The Jacobson Group and consulting firm Ward Group. Executive Summary Eighty-five percent of P/C insurers expect revenue growth in the next 12 months, and 52 percent expect to increase staffing, a mid-year survey by The Jacobson Group and Ward Group reveals.

Executive Summary

Eighty-five percent of P/C insurers expect revenue growth in the next 12 months, and 52 percent expect to increase staffing, a mid-year survey by The Jacobson Group and Ward Group reveals.

The mid-year insurance labor market survey asked insurance companies for their expectations regarding future revenue growth and the staffing level.

More than 85 percent of P/C insurers in the survey said they are expecting their revenues to grow during the next 12 months. In comparison, about 77 percent of life/health insurers said they expect revenue growth.