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A Call to Action

Many organizations have developed initiatives to fill the talent gap as industry professionals retire.

By Anita Z. Bourke, CPCU, AINS | Updated on August 31, 2012

By Anita Z. Bourke, executive vice president of The Institutes.

We are all aware of the looming talent shortage facing the risk management and insurance industry. According to McKinsey and Co., almost 500,000 professionals out of 2.25 million will retire from the insurance industry between 2008 and 2018. By any standard, with such a significant change in the workforce, there will be major talent gaps for the industry to fill.

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