McKinsey News

Why McKinsey’s Prediction of Demise of Independent Agents Is ‘Dead Wrong’

A recent report from McKinsey & Co. had some bad news for local property/casualty insurance agents— many of them will be out of business within the next five to 10 years. McKinsey contends that “the economics of the traditional agent …

In the Workplace, What Do Millennials Want?

There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby boomers that are beginning to retire and will continue to do so into the next decade. …

P/C Insurance Industry Enlisting Veterans in Talent War

The property/casualty insurance industry is calling on the military for help in the talent war. Through special units, concerted outreach, mentoring programs, job fairs and partnerships with veterans organizations, insurance companies and brokers are letting it be known that the …

Generous P/C Sector Seeks Ways to ‘Give Better,’ McKinsey Author Says

The property/casualty insurance sector that already does a lot of good work is interested in doing more and having even more of an impact, according to the lead author of a landmark report on the property/casualty industry’s charitable giving. “If …

P/C Industry Gave $500M to Charity in 2010, But More Can Be Done

Here is something some people might not know about the property/casualty insurance professionals: they are very generous folks. Property/casualty insurance industry’s charitable giving reached $500 million in 2010. That amount is comparable with other major industries, according to a report …