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Organisations in the insurance sector lose staff as they fail to meet expectations

Resignation rates are higher in the insurance sector than the national average, for the year to January 2006, as organisations fail to meet the needs of their staff. A survey of 22,480 individuals shows that despite an increase in earnings, insurance executives have become frustrated by company pay structures and a lack of job satisfaction.

The 2006 National Management Salary Survey, published by the Chartered Management Institute and Remuneration Economics, reveals a labour turnover rate of 13 per cent in the insurance sector, compared

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Diary of an Insurer: Axa’s Brendon Moodley

From 5am gym sessions to steering major technology initiatives, Brendon Moodley, head of data platforms and product delivery at Axa UK, blends discipline, leadership and family time that includes watching Disney films that sometimes leave him holding back tears.

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