As the insurance industry stares at a looming workforce gap over the next five to 10 years, leaders are taking steps to promote a career in the industry to young professionals.
One initiative is the Insurance Careers Month, which started last year and has transitioned to a broader campaign called the Insurance Careers Movement.
Insurance Careers Month kicks off today as an industry wide mobilization of carriers, brokers, agents and trade associations to spread awareness of the diverse career options in insurance, according to a
Yahoo Finance report.
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The event picks up from a virtual Town Hall held last December, which was led by Hamilton chairman and chief executive Brian Duperreault, where head honchos positioned an insurance career as “stable, rewarding, and limitless” especially given the emerging trends and adoption of technology in industry systems and processes.
A post event survey revealed that 73% of respondents are actively promoting the insurance profession among their peers while 93% take pride in their current career in the industry.
Another 57% noted the lack of awareness and understanding as the main obstacle hindering high school and university students from considering a career path in insurance.
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