DIGITAL TRANSFORMATION
However , in an environment like insurance , the requirements aren ’ t quite so hard and fast . And for companies like insurtechs that have been built with digital transformation in mind , the work from home directive has been an interesting test ground for studies on worker productivity in the home environment .
Productivity and working from home For example , a recent McKinsey Global Institute analysis on the long term effects on productivity from remote work found that well educated , highly skilled staff in the insurance industry ( and a handful of other sectors as well ) were able to work just as productively – if not more so when they spent three or more days in their home offices per week .
McKinsey ’ s data took into account more than 2,000 activities across 800 sectors and discovered that insurtech and fintech respectively , scored exceptionally well in terms of minimal loss of productivity .
“Being office-centric supports our value of ‘ keep getting better ’, by learning fast from each other in realtime feedback ”
HELEN HODGES URBAN JUNGLE
However , working from home isn ’ t just about productivity levels . Employee satisfaction has also been affected by the change , with many workers citing a strong preference for the home office environment , saying it provides a better work-life balance . Recently , a survey by the industry giant Accenture , revealed that 25 % of insurtech employees would opt to work from home full time if it was offered .
But , a conclusive 72 % said they would prefer a hybrid working environment , with two days a week or less in the office , which would allow them to connect with their colleagues personally , but would also provide them with a better work-life
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