101 Ways Coronavirus Crisis Has Changed P/C Insurance Pros’ View of Their Job. Or Not.
Has the coronavirus experience changed how property/casualty insurance professionals view their jobs?
Yes and no. The biggest change is that many in the industry learned they can do their job from home, and most, although not all, like that.
That’s according to more than a thousand comments included in the results of Wells Media’s Property/Casualty Insurance Industry Coronavirus Survey. The survey captured responses from 1,704 individuals representing a cross section of the industry.
As revealed in an earlier report on the survey results, 78% of employees in the property/casualty insurance industry have worked from home more than half the time during the outbreak.
According to the individual comments in the survey, many have gained a greater appreciation for their job, their employer and their own ability to adapt. The words they use include grateful, thankful, like, love, lucky, glad, appreciative, happy and similar positive expressions. For others, the pandemic response has revealed shortcomings of their companies and, for a surprising number, it has prompted them to think about retiring.
What Pros Say
The following are 101 randomly-selected comments from the 1,363 property/casualty insurance professionals who shared their opinion on whether the coronavirus pandemic has affected their view of their job.
- How the Pandemic May Change ‘Work-Life Balance’ Forever
- The Future of Insurance Industry Will Not Be Decided by Insurtechs Alone: Viewpoint
- Liberty Mutual Reports Q2 Loss on COVID-19 Event Cancellations, Storms, Downturn
- Morgan Stanley to Offer Coverage for High Net Worth Clients through Hub, Marsh, Willis