Pacific Life 2025 Carrier Forecast
February 4, 2025 by Kevin Kennedy
Why Pacific Life Insurance Company Is Optimistic About The Future Of Life Insurance Sales And Why You Should Be, Too.
The life insurance industry has faced a challenging landscape in the last several years, marked by slow overall growth, which can be attributed to economic and regulatory uncertainties, demographic shifts, and the world-wide pandemic. Over this same period, we have witnessed several major life insurance carriers exit or significantly scale back their life insurance businesses. These actions have left fewer players in the independent life brokerage channel, leading Brokerage General Agencies (BGAs) to align with stable carrier partners that possess a long-term commitment to the life insurance space.
Read the story via Broker World