The insurance industry is positioned to undergo a significant transformation as nearly a quarter of professionals including claims adjusters, are expected to retire in the next 12 to 18 months. Register Now Already have an account? Sign In Now
A series of retirements is set to change the face of the insurance industry, according to the 2016 Claims Salary Survey. Nearly a quarter of insurance professionals, including claims managers, data experts and adjusters, are expected to retire over the next 12 to 18 months. While technology will help mitigate some of the losses, there will be some changes in who reports, assigns and handles claims, the report said.