Insurance leaders from around the world discuss their challenges and opportunities in addressing the looming talent shortage faced by the industry. The special broadcast is the kickoff to the 3rd Annual Insurance Careers Month.
Margaret Resce Milkint, managing partner, Jacobson Group, said leadership among mutuals and other insurers has become more diverse.
Kim Smith, president and CEO, Indiana Farmers Mutual, said mutuals stress purpose, community and engagement, qualities that younger recruits find attractive.
Noelle Codispoti, executive director, Gamma Iota Sigma, said the group is set for a large turnout at their international conference in Dallas and events in multiple cities.
As the insurance industry looks to a growing need for new talent, colleges and universities are helping to fill the gap. Panelists spoke with A.M. BestTV at the annual meeting of the National Association of Mutual Insurance Companies, held in Denver.
A panel of association and academic leaders said interest from students and insurers is driving the growth of insurance and risk management programs at the college level.