millennials News
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 ...
Strategies Revealed: Legacy Carriers Know Exactly How InsurTechs Will Come at Them
There is this great scene in the movie "The Godfather," in which Tom Hagen asks Michael Corleone "You know how they're going to come at you?" regarding some unpleasantness with the heads of the other ...
Insurance Is a ‘Well-Kept Secret,’ and Other Millennial Insights
What is the best part about working in insurance? For a group of millennials speaking with Insurance Journal at a July roundtable, the answer was simple. "The people," roundtable participants agreed. ...
How to Attract Millennials and Overcome the Looming Talent Shortage
What do millennials want? This question is critical for the specialty insurance and reinsurance industry. We face a looming talent shortage. Retirement will soon skim off the cream of our industry's ...
Vacationing Millennial Employees Call the Office More Than Their Older Counterparts
Older employees on vacation do a better job of not checking in with the office than their younger, millennial counterparts, according to a new survey from accounting/finance staffing firm ...