At 76.6 million, there are more millennials (born between1981-1997, according to the Pew Research Center) than any other generation.Insurance agents need to know how to target this growingdemographic, which holds $1.68 trillion in purchasingpower. 

|

Millennial consumers want insurance companies that provide theclient-centric experience that they have become accustomed to,according to Applied Systems' “Why Millennials Matter” report. However,millennials still highly value in-person or over-the-phoneexperience with an agent. Below, a summary of findings from thereport:

|

Related: 12 'types' of millennials every sales pro shouldknow

|

(Click image to enlarge)

|

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.