millennials News
Millennials, Gen X Push Ahead of Gen Z in Homeownership in 2023
Home insurers take note: homeownership by millennials and Gen X grew in 2023, while Gen Z lagged, according to a new report by Redfin, an online real estate brokerage firm. Even so, most Gen Zers are ...
Future-Focused Insurance: Rethinking How to Sell to Millennials, Gen Z
As Gen Z (those born between 1997 and 2005) and millennials (born between 1981 and 1996) continue to age into the workforce and begin to inherit generational wealth, their buying power is ...
COVID-19 Helping to Push Millennials Out of Housing Market: Legal & General Study
Home insurers should take note: the COVID-19 pandemic has apparently helped to dampen home ownership plans for U.S. millennials, according to a new Legal & General Study looking at the market ...
Millennials Win the Prize at Multitasking
Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people ...
Companies Can Attract Millennials by Helping Repay Their Student Debt
Like millions of her peers, Nicole Read graduated with thousands of dollars of debt. Unlike most of them, she's getting direct help from her employer to pay it back. The 26-year-old's job at event ...
Market Trend: Millennials Buy More Flood Insurance Than Their Older Counterparts
Millennials — those born between 1981 and 1996— are nearly three times more likely to have purchased flood insurance than their older Baby Boomer counterparts born between 1944 and 1964, a new ...
Word of Mouth Matters When Customers Buy Their Insurance: Facebook
For young and old property and auto insurance customers alike, word of mouth shapes their coverage purchases, according to a new Facebook survey. Where that word of mouth comes from can differ, ...
Millennial Customers Open to Leaving Carriers for Upstart Insurance Rivals: Bain & Company
Traditional carriers have a big problem on their hands in terms of keeping millennial customers from switching to upstart rivals. A large majority of millennials are open to switching to upstarts ...