Talent Shortage

Many employers report not being able to find candidates with the specialized skills or experience they’re looking for. The insurance industry in particular has struggled to bring younger people into the business on both the carrier and broker side, which threatens succession planning.

As the median age of the United States workforce creeps upward— it is projected that by the year 2020, about a quarter of the U.S. workforce will be aged 55 or older — lack of incoming talent is a critical business risk.