Flexible working paramount to retaining staff: CII

“Businesses must continue to evolve and invest”

Hemma Visavadia
clock • 1 min read

Flexible working is key for insurers retaining staff during the cost of living crisis, according to a report by the Chartered Institute of Insurance (CII).

With inflation hitting new highs, a survey of 623 insurance professionals, conducted in June, found that 44% of respondents were focusing heavily on offering flexible working in a bid to attract and retain employees. This was followed by career progression which was identified by 23% of surveyed individuals, while 22% were investing in training and development opportunities. Jonathan Clark, interim chief executive of the CII, said: "As we emerge from the pandemic and pivot to remote working, businesses must continue to evolve and invest in a way that attracts and retains their top tal...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

Guardian pays out £31.67m in 2025

Guardian pays out £31.67m in 2025

Rise in declined claims

Jaskeet Briah
clock 16 September 2026 • 2 min read
National Friendly launches term assurance

National Friendly launches term assurance

Friendly Life Cover

Cameron Roberts
clock 15 September 2026 • 2 min read
Shepherds Friendly joins The Right DA Club panel

Shepherds Friendly joins The Right DA Club panel

Access to the provider's income protection proposition

Jaskeet Briah
clock 14 September 2026 • 2 min read