X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Insurance companies can tackle high turnover by taking an agent-centric approach to their fundamental operations. (Photo: ALM Archives) Insurance companies can tackle high turnover by taking an agent-centric approach to their fundamental operations. (Photo: ALM Archives)

A lack of adequate onboard training strategies and a resulting lack of sales are causing significant increases in insurance turnover rates.

Between 2011 and 2016, the total number of quits, layoffs and discharges within the finance and insurance industry increased by 32 percent, according to data from the Bureau of Labor and Statistics.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.