Risk Facing The Insurance Industry: A Shortage of Millenial Talent

The insurance and risk underwriting workforce is baby boomer heavy, and in the next decade, many of those industry professionals will retire. Millennials are not beating down doors to take over those jobs for a lot of reasons, said Tony Cañas, a 34-year-old self-described insurance nerd who writes for the blog InsNerds.com. Cañas was one of the speakers Tuesday at a Virginia Commonwealth University School of Business Risk and Insurance Studies Center conference on the changing workforce. The conference, which drew nearly 200 industry professionals to Snead Hall at VCU, looked at trends affecting the insurance and underwriting business and general workforce trends.