CII survey reveals apprenticeship awareness in insurance on the rise

The Chartered Insurance Institute’s latest survey of over 2,300 GI-focused members has revealed that over half of employers in the insurance sector (53%) are willing to employ apprentices, a rise of 12% from last year.

This demonstrates a significant rise in awareness among employers of insurance apprenticeships containing professional qualifications, with 67% aware they exist – an increase from 46% since 2009.

Daniel Pedley, public affairs manager at the CII, said: “The overall CII skills survey 2013 paints a mixed picture of improving skills on the one hand and fears for where future talent will come from on the other, so ensuring general insurance has a strong talent pipeline is critical. This is why it’s vital that the insurance sector continues to explore and develop new routes of entry such as apprenticeships or schools outreach programmes like Discover Risk, which provide a strong platform for an insurance career.

“We are thrilled to see technical apprenticeships gaining more and more popularity with insurers. However, as an industry we now need to work harder than ever to augment this talent pipeline if we are to ensure that the UK insurance sector can continue to compete on a global playing field into the future.”