Retrains insurance brokers
small biz obamacare kevin trokey

For Kevin Trokey, who spent 17 years as an insurance broker, Obamacare has been a double-edged sword.

The new law, which requires states to launch their own insurance exchanges on which businesses can directly buy insurance or enroll in public programs, leaves little room for traditional insurance brokers.

But there have been new opportunities created as well. In April 2009, Trokey launched consulting firm Q4intelligence, which helps insurance brokers diversify their offerings so they aren't solely dependent on health care.

The St. Louis-based firm teaches brokers to advise clients on such issues as corporate communications, employee retention and job performance.

So far, the firm has signed on 35 insurance agencies nationwide and is on track to generate nearly $1 million in revenue in 2013.

"While the Affordable Care Act threatens the future of independent insurance brokers, it also gave me an opportunity to create a niche business and become very successful," said Trokey.


  @CNNMoney - Last updated September 03 2013 06:12 AM ET
Join the Conversation
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.