As an industry where the majority of employees are veterans on the brink of retirement, it is no surprise that insurance agencies and brokerages are trying to recruit talented young people to continue the legacy of their business.

Recruiting millennials to the industry can be a struggle all its own, but many agencies are facing challenges from working with new talent, who bring a completely different set of values and expectations to the workplace.

Hiring new talent is an inevitable and necessary step for the continued success of the industry as a whole. Click through the following slides for articles on how to recruit the next generation to the industry, how to retain new agents and perhaps more critically, how to address the generation gap in the workplace.

Four Steps P&C Insurers Must Take To Recruit Talent

Insurance Agencies have made several advancements in the last few years, whether it is issuing new policies to cater toward a new client base or comply with new regulations, launching a new website or going mobile with an app. But one place agencies fail to advance is in the recruitment of new talent.

The number of employees over the age of 55 in P&C insurance is 30 percent higher than any other industry, according to president and CEO of The Institutes Peter L. Miller. With so many industry veterans retiring, nearly 400,000 positions will need to be filled by 2020.

For strategies on addressing the issue, read Michael A. Costonis' Four Steps P&C Insurers Must Take To Recruit New Talent and learn how to prepare your agency for the future.

War in the Workplace: Learn How to Bridge the Generation Gap

With the majority of the industry composed of industry veterans, the great divide between millennials and baby boomers continues to widen.

Although a combination of new- and old-school perspectives can be beneficial to an agency, it is important to recognize that millennials and industry veterans work in different ways. When it comes addressing new talent, the baby boomers cannot be taken out of the equation, as their impact continues to influence the state of the industry.

Read War in the Workplace: Learn How to Bridge the Generation Gap to learn how to find a balance between generational differences.

Extreme Makeover: The Independent Agency Edition

Finding ways to recruit new talent is becoming a critical topic in the insurance industry, with many veterans facing retirement in the coming years. Being able to appeal to the next generation of agents is imperative for continued success.

Read Extreme Makeover: The Independent Agency Edition to learn more about what millennials are looking for from their employers.

New Study Finds the Independent Agency Generation Gap is a Chasm

Bridging the generation gap in the workplace is an issue that is affecting all industries, but particularly for independent agencies and brokers. A study commissioned by Assurex Global found that 84 percent of employees said that there were real generation differences regarding work in the industry.

Millennials work differently than agency veterans and bring a set of new ideas and expectations for their employers to the workplace. Read New Study Finds the Independent Agency Generation Gap is a Chasm to find out more about why generational differences in the workplace are a major concern.

OMG! You Work with Millennials!

Millennials bring a new set of values to the workplace. They've proven to be confident and optimistic, but some of the characteristics of the next generation can be misinterpreted as laziness and disrespect.

For understanding the motivations of new talent and how to channel their talents and values for optimum results, read OMG! You Work With Millennials!

Special Reports /

Best of 2013: 5 Articles for Attracting and Retaining the Next Generation

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