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First Annual Insurance Careers Month Kicks Off This Month

February 01, 2016
Risk Management and Insurance Organizations Launch Initiative to Raise Awareness of Industry Career Opportunities

Denver - February 1, 2016 - Today marks the commencement of Insurance Careers Month, a major multi-phased collaborative effort led by Hamilton Insurance Group, Lloyd’s of London, Marsh & McLennan, The Institutes, MyPath, Valen Analytics, The Jacobson Group, InVEST and PCI, to help raise awareness of insurance as a compelling career choice. The campaign is focused on spreading the message of Insurance as the Careers Trifecta: stable, rewarding and limitless.

Over 320 companies and 400 industry professionals have already signed on to support the initiative, recognizing the importance of attracting the next generation of industry leaders. With the help of the local Michigan Insurance coalition, Insuring MI Future, the State of Michigan has officially proclaimed that February will be Insurance Careers Month. Additionally, CEOs of the top insurance companies, including Brian Duperreault of Hamilton Insurance Group and Inga Beale of Lloyds, recorded video testimonials conveying a call to action for the industry:

Brian Duperreault, CEO of Hamilton: http://bit.ly/23uhHID

Inga Beale, CEO of Lloyds: http://bit.ly/1QEaTTF

Mike McGavick, CEO of XL Catlin: http://bit.ly/1lTMMDJ

Bob Rusbuldt, President & CEO of IIABA: http://bit.ly/1WOuS2x

Each participating company or individual is encouraged to develop their own strategies and initiatives to address the underwhelming number of millennials interested in a career in insurance. For those who would like to get involved, here are a few recommended steps to initiate the process:

  • Start Small: Initiate conversations with your C-suite leaders about the current crisis and how to get involved.
  • Utilize Social Media: Become active on social media to engage with Millennials. Use the hashtag #careertrifecta to be part of the industry conversation scheduled each week on Tuesdays.
  • Local Outreach: Connect with high schools, colleges and local job fairs to highlight industry opportunities and career paths.

To learn more, visit the Insurance Careers Month website.

About Hamilton Insurance Group

Hamilton Insurance Group is the Bermuda-based holding company for insurance and reinsurance operations that underwrite property and casualty risks in Bermuda, the U.S. and at Lloyd’s. The company leverages analytics and research to create underwriting and investment value for its clients and shareholders. For more information, please visitwww.hamiltongroup.com. About MyPath MyPath is a collaborative, industry-wide insurance and risk management initiative, powered by The Institutes, that is dedicated to educating students and young professionals about the insurance industry and its limitless career opportunities. At the request of the insurance industry, The Institutes and their affiliates—The Griffith Insurance Education Foundation, the CPCU Society, and the CPCU-Loman Education Foundation—launched MyPath to be a collaborative effort providing the industry with a unified voice to educate students’ and young professionals’ perception of the industry. A cornerstone of MyPath is InsureMyPath.org, which educates millennials and connects them to insurance organizations and internship opportunities. Learn more at InsureMyPath.org.

About The Institutes

The Institutes are the leader in delivering proven knowledge solutions that drive powerful business results for the risk management and property-casualty insurance industry.

About PCI

PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write more than $195 billion in annual premium, 35 percent of the nation's property-casualty insurance. Member companies write 42 percent of the U.S. automobile insurance market, 28 percent of the homeowners market, 33 percent of the commercial property and liability market and 35 percent of the private workers compensation market.

About The Jacobson Group

The Jacobson Group is the leading global provider of insurance talent. For more than 40 years, they have been connecting insurance organizations with professionals from the board room to the back room on both a permanent and temporary basis. The firm offers a variety of solutions, including executive search, professional recruiting, emerging talent, RPO, temporary staffing, subject matter experts, and onsite and work-at-home operations support. Regardless of the need or situation, Jacobson is the insurance talent solution. Further information is available at jacobsononline.com.

About Valen Analytics

Valen Analytics is an advanced data and analytics provider for property and casualty insurers. We work with insurers who are actively looking to utilize modern approaches for pricing, risk selection, claims triage and premium fraud. Our customers are focused on increasing competitive pressures, fighting adverse selection with innovative solutions, and raising awareness for the impending “experience gap” with initiatives such as Tomorrow’s Talent Challenge. Our solutions span many lines of business, including Homeowners, Personal Auto, Workers’ Compensation, Commercial Auto, Commercial Package, Commercial Property and BOP. Learn more about Valen at www.valen.com.

About InVEST

Founded in 1970 and based at the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) headquarters in Alexandria, Virginia, InVEST promotes insurance education in order to attract individuals to pursue a career in the insurance industry. As a 501(c)(3) educational trust, InVEST benefits from the support of numerous insurance organizations, hundreds of agencies, brokers and volunteers. The program provides the insurance industry with motivated, talented and intelligent professionals through a support structure of state associations, board members, national staff, teachers and the many industry professionals who work in the field as classroom liaisons. Each year, the program prepares thousands of students for insurance-related careers with a hands-on curriculum taught in high schools, adult education centers and colleges. For more information, go to www.investprogram.org.

 

Contact:

The Jacobson Group
Nicole M. St.Martin, Vice President and Marketing Communications Director
+1 (312) 884-0491
nstmartin@jacobsononline.com

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