Over half of UK insurers enhance employee benefits in past year – Aon

Over half (54%) of UK insurers have made changes to their employee benefits programmes in the past year.

This is according to Aon’s UK Insurance Sector Benefit Benchmarking Study, released yesterday (17 March 2026), which revealed that an additional 70% of insurers plan further enhancements within the next 12 months.

Meanwhile, the report also revealed that 25% of insurers offer over eight weeks of paternity leave – compared to 15% in professional services and 12% in financial services. 

And employer-paid health screening is 30% more common in the insurance sector compared to the technology sector.

Louisa Blain, partner for insurance within human capital at Aon, said: “It’s clear the insurance industry is investing meaningfully and competitively in employee benefits, but the message is not always landing.

”Insurance is a people business and the generosity and variety of benefits offered by insurers reflects this. However, the sector faces challenges in attracting and retaining talent, so finding ways to improve how these packages are communicated as a key part of the employee value proposition – both to current employees and potential recruits – has never been more crucial.” 

More statistics

Aon highlighted there is still work to be done in the industry to recruit and retain talent.

Aon’s ’Employee Sentiment Study’, released in 2025, found that 62% of insurance employees are actively seeking or considering new opportunities over the next 12 months.

Meanwhile, the broker’s 2025 ’Global Risk Management Survey’ revealed that insurers reported attraction and retention as a significant risk impacting their business. 

Blain added: “Encouragingly, we are now seeing leading businesses leverage predictive analytics to help inform what benefits to offer and, importantly, how to communicate them in order to demonstrate a return on investment.”