Up to15,000 highly-skilled financial services jobs will be moved offshore over the next five years, research has revealed.
According to financial services consultancy Troika, complex and higher paid jobs, such underwriting and actuarial roles, will follow the flood of call centre and back office positions that have already gone offshore.
Troika managing directorAndrew Stewart said: "It's considerably easier and cheaper to retrain Indian doctors to be medical underwriters than to recruit, train and retain UK underwriters."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
