Factors influencing insurance agents’ intention to leave: findings from life insurance sector in Pakistan

Insurance sector has become very vital in today's business in order to cover the risks. Pakistan is a developing country which is prone many types of violence. Insurance industry in the country is not stable enough to provide hedge against risks to individuals and firms. The Paper addresses one of the most important problems faced by life insurance i.e. the labor turnover. The paper finds out the factors which are most likely to affect the insurance agents’ intention to leave the organization. The findings reveal that Compensation, Training, Career Commitment, Stability of Organization and Freedom in Decision Making are the most significant determinants that affect the insurance agents’ intention to leave the firm.