A global shortage of experienced executives threatens to undermine the insurance industry at a crucial moment.
Whilst growth opportunities arise as middle classes and property values swell across emerging markets, geopolitical instability threatens the viability of new investments. For traditional markets in Europe and North America, profitability is being threatened by increasing regulation, ageing populations, and disruptive technologies.
To overcome these challenges, insurers must embrace technology and consumer analytics to drive business innovation and attract world-class executives from a shrinking talent pool.
Luxembourg is widely recognised as a centre for the distribution of insurance products under EU rules. The financial centre currently hosts around one hundred insurance companies, mainly the subsidiaries of large international groups, using Luxembourg as their hub to sell insurance products and policies across Europe.
The Financial Services Practice of Odgers Berndtson Luxembourg supports firms in hiring experienced leaders with the talent to secure growth and meet changing business needs.