What external global factor is noted in AARP data as driving the continued high need for Insurance Sales Agents?

Answer

Climate change impacts leading to rising premiums

A surprising finding detailed in the text relates to the demand for Insurance Sales Agents, which is directly being influenced by large-scale external environmental changes. Specifically, data from AARP points out that rising premiums, largely attributed to the increasing frequency and severity of climate change impacts affecting insured properties and risks, are causing existing policyholders to shop around for new coverage. This transactional necessity forces insurance companies to maintain a robust sales force to manage customer acquisition and retention amidst shifting risk landscapes.

What external global factor is noted in AARP data as driving the continued high need for Insurance Sales Agents?
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