Tackling ‘lack of understanding’ about insurance is vital in war for talent

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Panellists and attendees at Insurance Times’ Broker CEO Forum 2024 discussed the need for ‘reimagined and redreamed initiatives’

The war for talent in the insurance sector is a well understood issue at this point – while the industry’s workforce is ageing, attracting younger talent into the fold is becoming more difficult.

For example, research published by RSA in September 2023 found that 26% of workers in the UK insurance market were over 50 years old and planning to retire soon.

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