The Chartered Insurance Institute (CII) has brought together 28 young insurance professionals to create three New Generation Groups.
Each group is made up of between eight and ten insurance practitioners from the CII's broking, claims and underwriting faculties, all of whom have been nominated by senior management for significant achievement within their profession.
As part of the year-long initiative, the New Generation Groups will expand their professional development and extend their market knowledge by taking part in research-led projects and attending seminars on topics such as regulation, political lobbying and the role of the media.
Ant Gould, director of faculties at the CII, said: "The idea of the New Generation Groups is to support practitioners who have demonstrated considerable aptitude in their field by providing them with the tools to explore the issues that matter to them, customers and the market and helping them develop their own leadership skill sets.
"As the business leaders of the future, we need young professionals to champion insurance so that the industry can continue to attract and retain talent. For the individual, being nominated as a group member represents a great opportunity to raise their profile and the chance to drive change from within their sector.
"The groups will be supported by the relevant faculty boards, although topics are of their own choosing and led by their interests. With some of the brightest talent in the insurance industry being brought together, the projects promise to be very interesting and I look forward to seeing what emerges."
A London Market faculty New Generation Group was launched earlier this year.