Insurtech Talent Development in Hong Kong – From Insurance to Insurtech: Strategies for Building a Sustainable Talent Pipeline

31 Exhibit 16 shows that the most difficult technical skill to recruit has been cyber and IT security , closely followed by data science , cloud computing , data management , open API , project management and UX/UI design . The biggest source of insurtech talent for the insurance companies from April 2021 to March 2022 was insurtech professionals currently working in Hong Kong , while the second-best source was non-insurtech professionals from other industries in Hong Kong , followed by graduates from local universities . As for their expected sources for insurtech talent for the period from April 2022 to March 2023, the biggest source was also insurtech professionals currently working in Hong Kong , while graduates from local universities replaced non-insurtech professionals from other industries in Hong Kong as the second-best source. Hong Kong’s Insurtech Talent Landscape: A Comprehensive Overview Exhibit 16: Most difficult technical skills to recruit Cyber & IT security Data science Cloud computing Data management Open API Project management UX / UI design Artificial intelligence Digital marketing Mobile apps development Process design & automation Regulatory & risk management Strategic partnership management Blockchain IT support & system maintenance Data visualization Design thinking Sales Web development Others 6 4 4 4 3 3 3 3 3 3 2 2 1 0 0 0 0 4 4 5