Of the nearly 10,000 Baby Boomers who retire each day in the U.S., about 25% are estimated to be insurance professionals, says the Pew Research Center.
In recent years, insurance companies have centered their attention on recruiting and retaining millennial talent. But, as that generation becomes more grounded in the workforce, employers are beginning to shift their focus to the next generation: Gen Z.
Born 1997 to the present, Gen Z has overtaken millennials as the largest generation, making up about 32% of the global population, says Bloomberg research.
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