Davies has secured funding from the Department of Education to launch a programme which aims to upskill insurance workers with data skills. This comes as the rise in digitalisation causes demand to grow. The company has secured two years’ worth of government funding to deliver a national digital skills bootcamp. Davies has developed a 12-week skills bootcamp in data in insurance to meet the data skills requirements within the insurance sector. Crucially, Davies says, the initiative will enable insurers and other businesses within the industry to benefit from government funding to help develop their teams and existing workforce with essential data skills. Craig Potter, vice president of professional education at Davies, comments: “The skills shortage is increasingly applying pressure to the sector. This funding is much needed to not only plug the data skills gap that’s ever growing, but to ensure that insurance is increasing retention of vital talent within the industry by upskilling the existing workforce.”
