Millennials News

Loan Data Discredits View That Millennials Do Not Want Cars

Millennials are less interested than older folks in owning their own cars, right? Maybe not, according to auto loan data showing young Americans are increasingly active in the car buying market. Despite the belief that millennials could become an increasingly …

Insurance Industry Not Alone in Missing the Mark with Millennials

Could it be that the property/casualty insurance industry has company in not feeling the love of millennials? Yes, it could. The Hartford has released new research that shows key industries driving the U.S. economy, including retail, construction and manufacturing, are …

The Case for Independent Agency Optimism

Over the past few years, dire predictions about the independent agent’s future have gotten a lot of attention. With consumers increasingly adopting the latest technology-driven shopping and buying behaviors, some industry observers have questioned whether the independent agent will be …

How to Know What Insurance Customers Want

What do today’s customers want from insurance providers? They want understanding, interaction, even a relationship. But they vary in when and how they wish to learn, interact and build a relationship. Insurance providers have to understand not only when but …

RIMS Report: Insurance Gamechangers Include Cyber, Talent, Data

Protecting clients against growing and poorly understood risks associated with information technology system failures is a leading concern of the insurance industry today, a group of underwriters and brokers told risk managers this week. Along with cyber security, the insurance …

Independent Agents Identify Business Opportunities for Carriers: Survey

Most independent insurance agents are impressed by the carriers they place business with – but most also are interested in adding new company partners. This is one of the preliminary findings of a recent national survey of independent agents conducted …

Google Compare May Go Beyond Auto Insurance

The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance industry. His words were simpler: “Game changer.” The complexity of what …

MyPath Portal Aims to Attract Millennials to Insurance Careers

With the insurance industry employee base rapidly aging and retiring, a number of companies and organizations in the field have come up with something that they hope will draw more young adults into the sector. Their solution: MyPath, an online …

Millennials Aspire to Be Workplace Leaders; Seek Training: Survey

As the 80 million millennials (ages 18-33) start to play a larger role in the U.S. workplace, they aspire to lead in business in the next five years, according to a new survey. The Hartford’s 2014 Millennial Leadership Survey found …

Report from California Agency Looks at Millennials, Baby Boomers

Millennials are driving a greater need for a more flexible auto insurance market, while Baby Boomers are proving new opportunities for independent agents, according to a study from a general agency headquartered in San Diego, Calif. A study from Personable …