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.
The stagnation of Russia’s insurance market is continues, and the practical volume of the market is expected to decrease.
Even the business development strategies of the last big players -vehicle insurance and health insurance companies- has shifted in the face of slowing markets.
Companies are looking for new business opportunities and need professionals who have experience in the creation and development of new products and services. Odgers Berndtson’s insurance consultants possess the wide range of tools required to assess and recruit insurance directors on behalf of our clients.