Insurance Business UK’s Post

Let's talk about #Insurance #Apprenticeships!! The recent article from Carrier Management highlights the indispensable role of workforce innovation within the insurance industry. It underscores the importance of adopting forward-thinking strategies, such as Registered Apprenticeships, for staying competitive and addressing the talent shortage. The Greater Cleveland Partnership is at the forefront, being Ohio's first approved sponsor of an Insurance Registered Apprenticeship, emphasizing our commitment to industry progress. If you're an insurance company looking to embrace innovation in talent development - let's talk! Read the whole article here - https://lnkd.in/epaV-NkH Independent Insurance Agents and Brokers of America Ohio Insurance Agents Association, Inc. Ohio Department of Insurance Ohio Insurance Institute ApprenticeOhio Apprenticeships for America

Really excited for this new programme with London Market Group as we continue our work to make specialty insurance a destination career. Apprenticeships hold the key to a successful career for young people and the London market has a wealth of opportunities. Our new programme will bring these to life and help students connect with incredible career opportunities with employers across the market. Watch this space… #specialtyinsurance #insurance #careers #earlycareers #socialmobility #schoolleavers

The countdown has started! ⏱️ After the success of our first Insurance Futures Academy with London Insurance Life in July, we’re taking things a step further to help more students learn about specialty insurance and find apprenticeships in the market. Next Wednesday we launch our new Apprenticeship Discovery. Over three days we’re bringing specialty insurance to life, helping students understand how to apply for apprenticeships and bringing employers and students together to connect and find opportunities. Watch out for more coming next week as we continue our journey to make specialty insurance a destination career. London Market Group LIIBA - London & International Insurance Brokers’ Association International Underwriting Association of London Lloyd's Lloyd's Market Association #londoninsurancelife #specialtyinsurance #risk #careers #earlycareers #apprenticeships #schoolleavers

It’s National Apprenticeship week this week and whilst I am on the train to London to watch one of my apprentices present at an Apprentice Taskforce event with Davies Talent Solutions at Lloyds of London, I figured it would be a really good time to reflect. Most of my adult life has been spent working in the insurance industry, and completing an apprenticeship of my own really set me up for a successful career in this great industry. I remember being a little unsure about enrolling on an apprenticeship in insurance and why wouldn’t I be. When I was leaving school there was a bit of a stigma around apprenticeships. My understanding of an apprenticeship was that you would be going to work for a local tradesman making cups of tea and doing a bit of labour for minimum pay. How wrong could I be! I decided to go for it, probably for the wrong reasons, as ultimately it seemed the best route to gain my professional qualifications, however what I actually gained was so much more than that. For me apprenticeships are how the insurance industry, and all industries for that matter, will continue to thrive by bringing ambitious individuals into the industry and providing them with not only the knowledge but also the skills and behaviours to drive the industry forward. One of the most rewarding feelings working in this industry is providing my learners with skills and behaviours that are often taken for granted, and watching them grow as individuals. #apprenticeships #Davies #insurance #insuranceindustry #nationalapprenticeshipweek #NAW2024

Assessment centres are one of the biggest worries for young people applying for apprenticeships… 😱 🤷🏻♂️ What will I have to do? 🔍 Am I being watched? 📋 Will I need to do a test? Getting students prepped for these experiences helps them be at their best when they come to do it for real. With lots of apprenticeships in specialty insurance for students to go after, it’s all important today on the Apprenticeship Discovery. London Market Group London Insurance Life LIIBA - London & International Insurance Brokers’ Association International Underwriting Association of London Lloyd's Market Association Lloyd's #apprenticeshipdiscovery23 #specialtyinsurance #apprenticeships #earlycareers #schoolleavers #socialmobility

🌟 National Apprenticeship Week 2024! 🌟 The week brings together everyone passionate about apprenticeships to celebrate the value, benefit and opportunity that they bring. Insurance Apprenticeships can offer several benefits, making them a valuable route into the Insurance Industry. 𝗧𝗮𝗶𝗹𝗼𝗿𝗲𝗱 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗶𝗼𝗻 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴: 💭 Insurance Apprenticeships are instrumental in developing a talent pipeline for succession planning. Companies can identify promising individuals early in their careers, nurture their skills through apprenticeships, and strategically position them for key roles within the organisation as part of a long-term succession plan. 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: 💼 Insurance Apprenticeships offer a structured path for professional development. They typically involve a combination of on-the-job training, mentorship, and formal education, allowing individuals to grow and advance in their careers within the insurance industry. 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: 🌍 Insurance Apprenticeships provide opportunities to network with industry professionals. This networking can be invaluable for building relationships, gaining insights into the industry, and accessing potential job opportunities in the future. Insurance is a global industry, and professionals may have the opportunity to work internationally or for multinational companies. This can broaden your perspective and enhance your professional network. 𝗘𝗮𝗿𝗻𝗶𝗻𝗴 𝗪𝗵𝗶𝗹𝗲 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴: 🤑 Insurance Apprenticeships provide a unique opportunity for individuals to earn a salary while gaining experience and education. This can be particularly appealing to those who prefer a practical, hands-on approach to learning. #nationalapprenticeshipweek #InsuranceCareers #Apprenticeships #CareerDevelopment #SuccessionPlanning #FutureLeaders #ProfessionalGrowth #InsuranceIndustry #TalentDevelopment #LearnAndEarn #CareerPathways #WorkforcePlanning #SkillsDevelopment #IndustryInsights #LeadershipPipeline #JobSecurity #WorkplaceLearning #CorporateTraining #Professionalism

Elevating the Insurance Industry Through Apprenticeships   As we navigate the talent landscape of the insurance industry, it is important to spotlight the incredible impact apprenticeships can have on finding new and diverse talent to fill your talent needs.   Building a Strong Foundation: Apprenticeships can serve as a cornerstone for cultivating the next generation of insurance professionals. They provide a focused learning experience, providing both hands on training and classroom instruction.   Tailored Skill Development: Apprenticeships allow us to tailor skill development programs, ensuring that new employees not only grasp the fundamentals but also adapt to the latest industry trends.   Mentorship and Knowledge Transfer: Apprenticeships facilitate a transfer of knowledge from seasoned professionals to the emerging workforce. Mentorship programs create an environment where valuable insights are shared, fostering a culture of continuous learning.   Diversity and Inclusion: Apprenticeships play a pivotal role in promoting diversity and inclusion within the industry. By providing accessible entry points for individuals from various backgrounds, we are cultivating a workforce that reflects the diverse perspectives of our client base. Embracing diversity not only enriches our workplace culture but also enhances our ability to understand and serve a broad spectrum of clients.   Addressing the Talent Gap: The insurance industry is experiencing a talent gap, and apprenticeships offer a strategic solution. By actively participating in apprenticeship programs, companies can contribute to closing this gap, ensuring a pipeline of skilled professionals.   If you have questions or want to discuss adopting apprenticeship into your talent acquisition strategy, please reach out to me here at the Greater Cleveland Partnership and let's discuss. #InsuranceIndustry #Apprenticeships #FutureLeaders #Innovation #CareerDevelopment #InsuranceProfessionals #Talent #Allin

💡 Imagine a career where you can earn while you study, bypass the stressful points race, and have plentiful opportunities for growth. That's precisely what an insurance apprenticeship can offer you. Our latest blog post delves into the transformative benefits of the Insurance Practitioner Apprenticeship programme, paving a seamless path for your career in the insurance sector. Check out our recent blog post to learn more – https://bit.ly/3NI7N3j #LearnMore #DoMore #BeMore #InsuranceApprenticeship #LifelongLearning #CareerDevelopment

What's the link between insurance and apprenticeships? A problem, and an answer: More people need insurance than ever. Luckily, they can count on one of the most experienced workforces of any to support them. However, that same experience is partly down to age - and the flip side is that Insurance firms are facing a shortfall of young talent. Apprenticeships can fill that pipeline, as Matt Scott discusses in Insurance Times. Read it here ➡️ https://lnkd.in/eMgMpEGN #skilltechsolutions #apprenticeships #apprentice #insurancetimes #apprentices

This week is #NationalApprenticeshipWeek 2024, the 17th annual celebration of the value, benefits and opportunities that apprenticeships offer to individuals, businesses, and the wider economy. This year’s theme, “Skills for Life”, encourages people to consider how apprenticeships allow individuals to develop the skills, knowledge and experience to build a rewarding career, and aid businesses in developing their workforce’s skills to equip them for the future. To celebrate National Apprenticeship Week, UKGI Learning Solutions have released a new course to support new entrants in developing skills and knowledge key to insurance broking: ⭐Insurance Broking- The Essentials!⭐ The insurance industry has long struggled to entice and retain new recruits to replenish a retiring workforce. It also needs to attract those with diverse skillsets and innovative approaches to aid the sector in navigating changes, such the proliferation of AI and technology. Apprenticeships have been invaluable, allowing fresh talent the opportunity to access the industry, gain the skills and knowledge needed to progress and providing a clear career path with continuous training opportunities, highlighting that a role in insurance is not just a job, but a profession which offers the prospect of ongoing progression and development. We are celebrating Apprenticeships by widening our offering to support and nurture both new entrants to the industry and existing employees looking to boost their skills and experience. The new ‘Insurance Broking- The Essentials’ course caters for those new to insurance broking and provides a key, foundational knowledge of; the role and its functions, the sale of insurance products and services to clients, legal features of the broker-client relationship, and conduct and culture within insurance broking. It also provides an outline of the eight core competencies set out by the FCA. #apprenticeships #insurancesector #insurancebroker #skillsforlife #training #NAW24