Attracting the next generation of brokers

Ecclesiastical’s survey of 250 brokers across the UK found that while they are keen to hire young talent, most are struggling to recruit those aged 30 and under.

In fact, 80% of the brokers surveyed said they want to hire young people principally to bring new ideas and skills and help with succession planning. However, according to the Pew Research Centre only 4% of millennials are interested in working in insurance and a recent Insurance Census revealed that the number of young people entering the market has dropped from 18% in 2015 to 10% in 2017.

Featuring quotes from brokers aged 30 and under, this report focuses on how the broker market can attract the next generation of talent.

Topics covered:
• Why should young people enter the broker market?
• Broker concerns about a potential talent crisis.
• Attracting and retaining young talent.
• Strengths and weaknesses of younger employees.
• What more can be done?