USF receives $5.2M gift
A publicly traded
The
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"BRP's milestone investment will allow the
"The demand for new talent with new skills is absolutely through the roof," Miller told the
Miller said that as technologies like artificial intelligence and self-driving cars become more ingrained in society, there will need to be even more professionals in the field.
The USF program currently has two faculty members with about 15 to 20 students majoring in Risk Management and Insurance. There are also about 100 students taking courses in the school.
"Our local insurance professionals and community partners have helped build the foundation for the
The
GJ de Vreede, interim dean of the of the
"This gift will allow us to put RMI (risk management and insurance) on the map in the
He pointed to the need for graduates across the country.
The insurance industry has been getting older with the number of employees older than 55 increasing by 75% in the last 15 years "and is nearly 30% higher than in other industries," according to a news release about the gift.
"In addition, only about 25% of the insurance workforce is under the age of 35, according to a 2019 report from the
"Our firm has a deep commitment to each of our key stakeholders, which include our clients, our colleagues, insurance company partners and our communities," said
Higher expenses wipe out income gains
Health Insurance Market is expected to Reach USD 2,541.78 Billion by 2029 at a Potential Growth rate of 4.6%, Market Analysed by Future Trends, Industry Growth and Application Overview
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