Joining the Mad Hatter's Tea Party
This is the third of eight every-other-week blog posts excerpts from my book: "Stone Tablets to Satellites: The Continual Intimate but Awkward Relationship Between the Insurance Industry and Technology". The publication date for this third post is April 6, 2022. The second blog post excerpted from my book was posted March 23, 2022. The last… Continue reading Moats and Moat Mortality – Excerpt from “Stone Tablets to Satellites”
This is the cover we chose for my book: "Stone Tablets to Satellites: The Continual Intimate but Awkward Relationship Between the Insurance Industry and Technology" Publication Date: June 28, 2022
This is the second of eight every-other-week blog posts excerpts from my book: "Stone Tablets to Satellites: The Continual Intimate but Awkward Relationship Between the Insurance Industry and Technology". The publication date for this second post is March 23, 2022. The first blog post excerpted from my book was posted March 9, 2022. The last… Continue reading Stone Tablets to Satellites Book Excerpt – Technology: DNA of Society
On Wednesday, March 9, 2022 I posted the announcement of my soon-to-be-published book "Stone Tablets to Satellites: The Continual Intimate but Awkward Relationship Between the Insurance Industry and Technology" by Wells Media on June 28, 2022. https://rabkinsopinions.com/2022/03/09/barry-rabkin-insurance-book-announcement/ In that same post, I also mentioned that there would be eight every-other-week posts. The March 9 was… Continue reading Schedule of “Stone Tablets to Satellites” Book Excerpts
This has been a long journey for me to write this book. I don't mean only the time between 4Q19 and 1Q22 when I actually drafted the manuscripts and worked with my editor (Patrick Wraight) at Wells Media. I mean my entire multi-decade insurance career which spanned working within the industry, being a management consultant… Continue reading Barry Rabkin Insurance Book Announcement
I read ITL’s cover email this morning (Feb 8, 2022) encompassing the various articles that I could delve into if I was interested. One of the articles was an excerpt - or perhaps it was a copy - of an article that Donald Light had published in IRR discussing a cross-over insurance product issued by… Continue reading Yes, Segmenting Insurance Lines of Business Is Eminently Logical
Insurance commerce can only be legally conducted between customers (personal, corporate) and insurance firms (whether reinsurance firm, insurance firm, agency, broker, MGA, MGU).It is illegal to conduct insurance commerce with a technology firm.No technology can ever transform an insurance firm into a technology firm.Technology - whether past, current, or emerging - is critically important to… Continue reading 9 Realities About Insurance and Technology
The insurance industry has one overarching fundamental persistent objective: getting and keeping sufficient scale comprised of clients who have a high likelihood of generating profit. Of course, I mean "profit" as described or defined by the metrics of the insurance lines of business each insurance company conducts commerce. Scale for the sake of scale is… Continue reading The Insurance Industry’s Fundamental Persistent Objective
When insurers need to know about property risks Note: I realize that the last time period in the list below could be wrong because I always get claims made versus claim occurrence mixed up. (I don't know how to calculate IBNR either but I understand it requires a dark, stormy night, the entrails of a… Continue reading Digital Twins: A manufacturing solution for P&C property insurers
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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