Study: IT to help kill 15,000 U.K. insurance jobs

The British insurance industry will experience the loss of up to 15,000 additional jobs within the next 12 months – including 4,000 layoffs already announced – due in part to the industry’s need to hire new workers highly-skilled in technology. These are the findings of Deloitte Consulting LLC in its recently released study “Millenium Top 10 Predictions for the Global Insurance Industry.” Although slow to adapt to e-commerce, the UK insurance industry now realises it must quickly embrace the new technology economy, and will invest