As a generation of insurance professionals looks toward retirement, State College of Florida this week announced it would offer a new program in its Spring curriculum. Students will now be able to graduate with an associate’s degree with a specialty in Risk Management and Insurance and walk with three professional licenses in hand.

The program stems from a cooperation between the college and business leaders to identify needs in the job market. “It’s about attracting bright young minds to recognize insurance is a viable career for them,” said Lisa Krouse, chairman of the Greater Sarasota Chamber of Commerce and FCCI executive vice president and chief human resources officer.

Krouse said the insurance industry is bracing for a significant talent drain in the next 10 years as Baby Boomers who have worked in the field for decades plan for retirement. College administrators say that could bring an opportunity for students. Both the need and potential have been explored in joint efforts by entities including the Chamber and College, as well as CareerEdge Funders and the Economic Development Corporation of Sarasota County, according to Krouse.

"We have partnered with several community businesses who support this program,” said George Cubberly, director of SCF’s insurance program. “Estimates that shed light on employment opportunities in theinsurance field are:  annual job growth at 4,537; annual openings/replacements 7,406; and forecasted 9.7 percent growth over the next eight years."

An information session regarding the new program is scheduled from 5-7pm Thursday at SCF Bradenton.