The insurance industry stands at the cusp of a growing talent crisis. Nearly half of insurance professionals will be retired or on the verge of retirement within the next 15 years. To remain fully staffed, the industry needs to fill 400,000 open positions by 2020. Unfortunately, graduates from risk and insurance programs currently meet only 10 to 15 percent of this growing need. Adding to the challenge is the reality that less than five percent of Millennials are interested in working in insurance.
