Insurance companies in the UK are publishing record numbers of vacancies for claims specialists as they gear up for an anticipated surge in Covid litigation following the landmark High Court decision in favour of business interruption insurance policyholders.

A new report by recruitment industry data analysts Vacancysoft suggests that insurance claims vacancies began their pandemic recovery in January 2021, with hiring levels going on to finish the year 107% up in comparison to 2020, and 19.5% up on 2019. In January 2022, vacancies hit an all-time high, with the sector publishing nearly 400 vacancies. Although dipping in February, this still represented the second-highest monthly tally ever.

Vacancysoft CEO James Chaplin said: “Last year brought some much-needed stability to the UK insurance sector following a turbulent 2020. However, claims jumped more than expected in 2021 due to, among others, a surge in climate-related flood events and higher severity motor insurance claims that increased costs.

“Insurers are already hiring claims specialists faster than ever with vacancies at record levels. Following the Wolseley ruling, recruitment for these experts is set to grow even further as the industry braces for a big increase in business interruption cases.”

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