As more and more insurers become technology companies that sell insurance, whether they call themselves InsurTechs or just insurance carriers, the whole group may face a problem already challenging the tech sector: employee turnover.
Online sources vary about whether technology or retail is actually the sector with the highest amount of turnover. A 2018 LinkedIn report puts technology on top with a 13.2 percent turnover rate, and retail closely behind at 13.0 percent, while financial services and insurance firms had a 10.8 percent rate.
Member Only Content
To continue reading, purchase this article or become a member.
*Already have an account? Click here to login