LMG launches survey to determine talent requirements
The London Market Group has launched what is believes is the first market-wide survey designed to identify existing skill gaps and gain better insight into the talent requirements of the market of the future.
The survey has been designed with Deloitte, and is being distributed via the Lloyd’s Market Association (LMA), London & International Insurance Brokers' Association (LIIBA) and the International Underwriting Association (IUA) to chief executive officers, executives, senior management, HR, IT and other selected people within the associations’ member companies.
The electronic survey will be augmented by a series of face-to-face qualitative interviews that Deloitte is carrying out with members of the LMG board and other selected senior figures from across the market. The results of the work will be published in the first quarter of 2016.
“This is a vital piece of work for the future of the London market as it seeks to compete successfully for talent both nationally and internationally, and we are delighted to have Deloitte supporting the project,” said Bob Stuchbery, president, international operations, Hanover Insurance Group and chair of the LMG talent and diversity workstream.
“We need to understand where current skill gaps exist and gain a better understanding of future talent requirements. Then armed with this information we can then develop strategies to plug the gaps and develop the talent we need going forward.”
Colin Gleeson, director of insurance strategy at Deloitte, added: “It is a privilege for us to be involved in such an important piece of work, and one that achieves a market wide view on the topic for the very first time. Having the right people is an essential part of London remaining the world’s leading insurance centre, and having a diverse talent pool is a prerequisite to its future success.
"We look forward to analysing the results, and understanding what those future needs might be.”
