In a business so often dominated by senior executives possessing decades of institutional knowledge, it isn't often that younger individuals making significant contributions to the industry are recognized before their peers.

To address this, NU put out a call to carriers, asking them to nominate executives aged 40 and under who are emerging leaders in the Claims, Underwriting, Technology and Distribution areas of their company.

The response from carriers was overwhelming—and that's good news for an industry that many fear is facing a succession crisis and retirement-driven brain drain.

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