City AM: Busy claims year drives demand for risk professionals in London insurance market

City AM: Busy claims year drives demand for risk professionals in London insurance market​

City AM highlighted Vacancysoft’s recent report on UK Insurance Labour Market Trends, created in collaboration with Harrison Holgate.

The demand for risk professionals in insurance firms is increasing, driven by the sector’s response to a challenging claims year due to business interruption. This has led to a thriving recruitment market. London has seen a significant surge in vacancies, with a 22.3% increase compared to the previous year. The city’s share of vacancies has also risen from 53% in 2022 to 63.7%.

Commenting on the data, Matthew Waters, managing director of Harrison Holgate, said:

“The insurance industry is going through a period of change, and economic forces are increasingly a factor. With that, for the London insurance industry, risk mitigation is becoming a priority.”

Read the full article in City AM.

The labour market data used in this press coverage was extracted from Vacancysoft Analytics. For more information or to book an interactive workshop, click here.