6 insurance industry job myths, busted
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Terrorist attacks, natural disasters and globalisation have all transformed the insurance industry over the past 10 years, providing huge challenges for those with the skills to take them on. The number of available jobs in insurance is endless and the variety offered by the industry is huge - so it’s time to beat down the myths and common misconceptions that you might have about it. 1: ‘I won’t actually help people!’ Insurance companies can cover anything from the hair on a person’s head to adventures travelling the globe - and if anything were to go wrong, a paid insurance company will be sure to compensate. Essentially, the insurance sector allows people to take risks and protects them should something go unexpectedly wrong. Insurance companies are always reacting to the world we live in too - from risks associated with cybercrime to scientific discoveries to helping local communities grow. They’re here to protect. The 9/11 attacks and the sinking of the Titanic wewre both tragic events that led insurance claims to be made with Lloyd’s of London. Their syndicates paid out billions of dollars for multi-million pound claims to support both businesses and people affected in the wake of these world-changing events. 2: ‘It is at the technological forefront!’ Insurance industries might already seem complex, but, complex insurance policies are being developed to cater to all the technological developments that are happening every day. Without the insurance being at the forefront for all new technology, there’d be no protection over them - so of course they're at the tech forefront!
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