SOURCE: LeadersCove LLC

February 24, 2010 07:00 ET

LeadersCove Launches Insurance Technology Practice

Consulting Firm Expands Focus to Address Unique Needs of Technology Companies

LITTLETON, CO--(Marketwire - February 24, 2010) - LeadersCove announces a specialized operations and HR service line to help insurance technology companies better manage the development, advancement and retention of key talent. After several years of challenging employment conditions, the demand for qualified IT resources is increasing in response to recent market improvements.

Employment experts predict 2010 to be a growth year for insurers in both revenue and staff. The focus for the insurance industry will be on measured growth. "Technology companies that serve the industry are walking a tight wire," said Julia Hill-Nichols, founder of LeadersCove. "On one hand, they need to closely manage their costs, but their future success requires that they continue to develop technologies that effectively and efficiently support the growth of the insurance industry."

Technical staffing, especially for Property and Casualty insurers, will continue to be a challenge. The insurance industry is losing, and will continue to lose, those baby boomers that possess deep domain knowledge. After a number of lean years, the industry has begun to increase its investment in talent development, but the knowledge gap between the baby boomers and Generation Y is broad.

Business leaders need to focus on four things:

--  Investing in the advancement of emerging talent
--  Understanding and identifying their key talent requirements
--  Effectively engaging in the global economy -- through partnerships,
    market development and human resources
--  Developing a more customer-centered culture, both internal and external

The 2010 landscape requires companies to become extremely adept at scenario development, positioning for business growth and changing needs. LeadersCove partners with business leaders to create executive teams that have the skills and commitment to lead through the tough times and to develop managers and frontline supervisors who have the ability to motivate their teams and deliver on objectives. With a comprehensive array of services, LeadersCove can also assist organizations in effectively executing company-wide transformations.

About LeadersCove LLC

LeadersCove LLC represents over 30 years of experience in operations and human resources with expertise in bridging strategic imperatives and a company's human capabilities -- executing for success. Working with executive teams to frontline supervisors through tailored programs that bring about sustained change, LeadersCove revitalizes leadership at all levels to ensure both bottom-line and top-line objectives are achieved. Visit www.leaderscove.com.

Contact Information

  • Contact:
    Julia Hill-Nichols
    Principal, LeadersCove LLC
    Email Contact
    303.601.9085