Older Side of Young

62.6%

are 31 to 40 years old

37.4%

are 30 and under

Career Choice

78.5%

consider insurance to be a permanent career choice

15.1%

are unsure

79.8%

would recommend career choice to another young person

9.6%

are not sure they would

10.6%

wouldn’t recommend being an agent

Experience

18.4%

have less than three years in insurance

20.6%

have three to five years

34.9%

have six to 10 years

20.6%

have 11 to 15 years

5.5%

have more than 15 years

Education

58.7%

have a college degree

15.9%

completed only high school

21.7%

have a master’s, doctorate, or other advanced degree

52.8%

have completed or are working on an insurance designation

75.4%

have an insurance agent mentor

Family Affairs

61.0%

work in family-owned agencies

40.0%

are members of the family that owns the agency

Size

18.4%

work for agencies generating $5 million or less in P/C premium

43.8%

work for agencies generating $6 million to $25 million in P/C premium

29.2%

work for agencies generating more than $26 million

61.6%

are privately-held agencies

23.7%

are private-equity backed

14.6%

are publicly-owned firms

Employment Status

76.6%

are independent agents

16.3%

presently are sole owners of an agency

27.9%

share ownership with a partner(s)

Ownership Dreams

55.8%

do not presently own an agency; of these

49.1%

would like to own someday; and of those

29.4%

feel very confident ownership dreams will come true

35.8%

don’t believe it will happen

Book of Business

58.6%

target mostly commercial lines

41.4%

target mostly personal lines

Gender and Politics

55.9%

Male

44.1%

Female

40.9%

Republican

19.5%

Democrat

16.3%

Independent

9.3%

Libertarian

Ethnic Background

86.5%

White/Caucasian

8.8%

Hispanic/Latino

2.8%

Black

3.3%

Asian

2.8%

Native American

What Young Agents Do

47.7%

attend local business or community meetings

49.5%

volunteer in the community

18.7%

get involved in local politics

62.2%

use Facebook

59.8%

use LinkedIn

25,7%

use X

49.1%

Generative AI (ChatGPT, Gemeni, etc.)

19.6%

write a blog

55.1%

utilize insurance coverage or other checklists

54.7%

take insurance courses online

Topics
Agencies