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Destination Insurance: Sector has failed to sufficiently advertise development opportunities

By 2026-01-20T08:00:00

Lateral moves

With 45% of individuals in the industry reportedly leaving due to a lack of career development, a HR director says that the industry needs to ‘shout about’ internal lateral moves to keep talent

Staff expectations for their careers are “significantly higher” these days, with company loyalty reducing among young people because of a lack of transparency around development plans.

That was according to Arthur’s chief innovation officer Simon Caplan, who addressed delegates during the Insurance Times’ Destination Insurance event in the Minster Building in Monument in a panel session chaired by deputy editor Yiannis Kotoulas and including Claire Davies, HR director at Gallagher, entitled ‘Lateral moves: Keeping talent in the industry’.

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