“The one thing I would change is adding more regulation to the insurance industry, specifically pertaining to the sale of index life or index annuity products,” says Brenden Barkate, senior vice president of Exclusive Insurance Brokerage.
Why would anyone want more regulation? For starters, it could improve the industry’s reputation and public image.
According to Barkate, that's just one of the opportunities within the industry. He also told LifeHealthPro about how his generation — millennials — should be more involved in the industry because most of those who are already part of it are aging or retiring.
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