The insurance industry is facing a talent crisis as 60 percent of the demand for managerial and technical talent will not be met by current staff. In the past decade, the number of industry professionals aged 55 and older has increased dramatically. A quarter of the industry's employees will be nearing retirement this year.
In addition, there is a generation gap of 50 years between the oldest and youngest employees in the workforce. Insurers must act quickly to ensure young talent is equipped with the knowledge and experience required to take the reins from tenured staff. How should you ensure a smooth transition to the next generation of leadership talent?
Download our presentation for succession planning strategies to equip younger talent with the tools necessary to become great leaders!
