Do We Need More Industry Think Tanks?

The other day, I was discussing with a devout insurance industry professional about the need to set up Industry Think Tanks, and the reality that the insurance industry could certainly use such a think tank, and he cited several reasons such as the need for positive PR explaining how the industry assisted folks in transferring risks, thus allowing them to do extraordinary things in human society and civilization, but that wasn't the only reason he obviously wanted to set up a think tank in the insurance industry, not just for altruistic reasons, and he stated; "Yes, however not only...

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