Help Wanted: Ideas For Attracting The Next Generation Of Insurance Leaders

At insurance industry meetings across the country, one issue keeps working its way to the top of the agenda as perhaps our biggest collective challenge: How are we going to interest more young people in insurance and attract them into the profession?

By Don Rebele | Updated on April 11, 2011

At insurance industry meetings across the country, one issue keeps working its way to the top of the agenda as perhaps our biggest collective challenge: How are we going to interest more young people in insurance and attract them to the profession?

Despite collegiate risk management and insurance (RMI) program-placement rates at close to 100 percent, the number of students coming into the workforce is only filling 10 to 15 percent of the industry’s current need. In addition, many RMI graduates are taking jobs in other sectors, and the mobility of our younger generations appears to have stopped the age-old, insurance-sector tradition of passing an agency from one generation to the next.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

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.

Already have an account? Sign In Now

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.

Dig Deeper

Agency Management

Recommended Stories

Around the P&C insurance industry: April 10, 2024

PC360 Staff Writer | April 10, 2024

Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.

Outsmarting vishing: Balancing emotions and logic for protection

Ashley Hattle-Cleminshaw | April 09, 2024

Cybercriminals use emotional manipulation to overcome vishing victims' common sense and cybersecurity training.

Cities that saw the most insurance fraud in 2023

Ashley Hattle-Cleminshaw | April 10, 2024

Workers’ compensation and auto theft are the most common fraudulent P&C claims, says CAIF.

Resource Center

This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.

Guide

Sponsored by gryphon.ai

The Ultimate Guide to SMS/Text Messaging Compliance

This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.

Browse More Resources ›

Navigating the complexities of P&C core insurance digitization is no easy task. Explore the critical decisions between building or buying and how to achieve operational excellence in this white paper.

White Paper

Sponsored by Origami Risk

Build or Buy? Considering the Critical Decisions in P&C Core Insurance Cloud Digitization Projects

Navigating the complexities of P&C core insurance digitization is no easy task. Explore the critical decisions between building or buying and how to achieve operational excellence in this white paper.

Browse More Resources ›

As more customers “unbundle” their insurance products and spread their business among many carriers, agents must look for creative strategies to retain and grow business. Download this white paper to learn top strategies to ensure success in 2024.

White Paper

Sponsored by Melissa

Clean Your Data to Win the Customer Retention War

As more customers “unbundle” their insurance products and spread their business among many carriers, agents must look for creative strategies to retain and grow business. Download this white paper to learn top strategies to ensure success in 2024.

Browse More Resources ›

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now

Copyright © 2024 ALM Global, LLC. All Rights Reserved.