A survey that found insurance agents and risk professionals are thinking more about retirement underscores the urgent need to train a younger crop of professionals to take over the business, according to one education researcher.
In a report titled “The Looming Professional Gap: The Aging of The National Insurance and Risk Management Workforce,” a survey found that while many agents may not be ready to leave their agencies now, a significant number have every intention of slowly fading into the sunset before retirement.
More than 3,000 agents and risk professionals responded to an electronic survey earlier this year asking them about their retirement plans, according to Andrew Grimes, research associate for the National Alliance for Insurance Education & Research, based in Austin, Texas (http://www2.scic.com/).
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