Momentum Broker Solutions has marked 2023 with an unprecedented surge in the hiring of apprentices. The trend began in January when four new team members joined the broking team, with one individual broadening their expertise in the business systems department.
The network, based in Leicestershire, has made substantial investments in employee training and development. This week alone, it welcomed an additional three apprentices to its ranks.
A previous study by Forbes uncovered that eight out of 10 millennials possess limited knowledge about career prospects within the insurance sector. Momentum has touted its apprenticeship as an initiative that serves to raise awareness about insurance as a career path and provides individuals with the necessary qualifications and skills to excel.
Momentum also stated that it highly prioritises the apprenticeship program, recognising that it not only helps individuals embark on their career paths but also introduces fresh perspectives and innovative thinking through the young talent they bring on board.
Howard Pepper, managing director, emphasises the significance of nurturing talent from within the organisation.
“We are privileged to be able to support the next generation of insurance professionals through our apprenticeship programme. They add great value to our business and there are invaluable opportunities for those willing to learn. The future of our sector is in good hands,” Pepper said.
Earlier this year, Momentum also highlighted the appeal of becoming a broker through the appointed representative (AR) model instead of the direct authorisation (DA) model.
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