Joining the Mad Hatter's Tea Party
Myths through the ages Myths are, always have been, and always will be an intrinsic element of human society. Myths like the Golden Fleece, Minotaurs, Unicorns, Cupid, Excalibur, and thousands of others have taken center stage in different segments of human life at different times, disappeared, and been replaced by newer tales and folklore. Myths… Continue reading The Myth of the Digital Insurer (From 2021)
"Alice asked the Cheshire Cat, who was sitting in a tree, “What road do I take?” The cat asked, “Where do you want to go?” “I don't know,” Alice answered. “Then,” said the cat, “it really doesn't matter, does it?" Alice's Adventures in Wonderland, Lewis Carroll November 1865 The insurance industry is being quickly surrounded… Continue reading Total Insurable Space of Profitable Underwriting Shrinking??? (Thought Piece)
I've seen many insurance trade press articles or social media posts asking why insurers aren't using either an Amazon or Netflix business model. The articles or posts mention that Amazon and Netflix are massively successful, are driven by a strong customer focus, have operations throughout the globe, and, equally importantly, conduct commerce using web-based mobile… Continue reading Should Insurers Use an Amazon or Netflix Business Model?
There is a great deal of investment activity in the insurance industry. Hundreds of startup firms, insurance and technology firms, have come - and continue to come - to the insurance market. I distinguish the two types of startups by using a very straightforward - and I believe a black-and-white legal - perspective: if a… Continue reading Technology Can Not Replace Insurance Brokers
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