Empathy an Essential in the Insurance Industry

empathy in insurance

Insurance professionals need to be a lot of things—experienced, detail-oriented, team players, patient, problem solvers…empathetic. Since policyholders are nearly always experiencing loss when filing a claim, the individual helping them must provide support beyond financial. And the numbers back this up: in fact, 91 percent of CEOs believe empathy in insurance has a positive effect…

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How AI is Helping Proactive Risk Management

proactive risk management insurance

The insurance industry is traditionally a reactive industry viewed as a necessary evil to most consumers. Consumers hope they never have to talk to their insurance company because it means they’re having a really bad day. In fact, 10 percent of consumers have never interacted with their insurance company because the only touchpoints insurers create…

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Don't Be a Fool, Don't Offer a Counteroffer

counteroffer

As a business manager, you will have a point in your career when an employee delivers you their resignation letter. Watching an employee leave your company is hard, especially if they’re a good one.  Resignations are inevitable and there are a lot of ways to handle the situation: argue with them, express your relief, give…

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Counteroffers are Fool's Gold

counteroffers

Searching for a new career can feel like participating in the Gold Rush. You’re out in the wilderness with hundreds of other prospectors with the same objective. It can take weeks or months of hard work to find what you’re looking for. Then you find it—the vein of precious, glittering, yellowish rock. Your dreams have…

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The Truth About Independence Day

independence day

With a thunderous crack, a blinding light and a whiff of sulfur, it begins.  If your community is like ours, we’ve been celebrating Independence Day for a week or so already. Nightly fireworks shows put on by neighbors shake the air every evening as kids laugh, dazzled by the colored embers above them.  Despite the…

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The Insurance Talent Shortage: The Heat is On

insurance talent shortage

We are in the midst of an insurance talent shortage. In 2017, we gave you a glimpse of what was to come: high turnover due to an aging workforce and a lack of interest from younger generations. Over the last two years, we’ve been watching the situation play out and creating strategies to make sure…

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How to form a relationship with your recruiter

how to form a relationship with your insurance recruiter

Hiring quality employees is essential to the growth of your organization, and hiring now is harder than ever. Unemployment in the insurance industry sits at just 1.7 percent meaning there aren’t as many people looking for jobs in the field as in the past. At the same time, the industry is facing one of the…

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Burn-out: The Symptoms and the Treatment

burn-out in the insurance industry

As the economy continues to churn, and despite experiencing five of the 15 costliest global catastrophes in the past two years, the outlook for the Property and Casualty Insurance industry has remained positive. With this favorable outlook, many insurance professionals are finding themselves with multiple career advancement opportunities. This candidate-driven market, combined with the newest…

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Assessing Soft Skills

how to evaluate soft skills

As we discussed last week, soft skills are crucial when finding the best candidate for your insurance business. Ninety-two percent of talent professionals believe soft skills are just as important if not more than the technical skills needed for the job. At The James Allen Companies, we believe both are essential, but soft skills can…

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The Value of Soft Skills

The Value of Soft Skills

A successful insurance business needs a diverse group of people with diverse skills and talents. “Hard skills” are easily measured with proven success and practice, but many skills that make an active and successful team member are not so easy to define. Communication and critical thinking are increasingly important as more and more positions are…

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