The perfect storm of pandemic disruptions, The Great Resignation, and an aging insurance workforce have created a historic labor shortage in the insurance industry. The combination of pandemic disruptions, the Great Resignation, and an aging insurance workforce have created a historic labor shortage in the insurance industry. (Photo: ink drop/Adobe Stock)

With the departure of the baby boomer generation from the workforce, the insurance industry faces an inevitable employment gap. Intriguingly, the insurance sector employs most working individuals 50 and older, and within the next year, close to a quarter of insurance pros will be looking forward to retirement within a decade.

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