Most millennials report being recruited to the industry through employee referrals or through the family business. (Photo: Shutterstock)
As more baby boomers retire from the insurance world, it's clear that the industry's future is being left in good hands, according to Vertafore's 2018 “Millennials in Insurance” survey.
The Denver-based provider of software for independent insurance agencies and brokers polled more than 1,200 insurance professionals, including nearly 400 millennials, and found that more than three quarters (76 percent) of millennials have been in the insurance industry for more than three years — an impressive statistic considering that the younger generation is known for job-hopping.
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