Some realities of a ‘Tesla Insurance Company’

A Tesla Insurance Company will make the term ‘niche’ seem gargantuan. However, as a researcher, it will be interesting to read about the losses, loss ratios, and combined ratios as they mount up in this extremely small auto insurance segment. The Loss Development Triangles will be extremely interesting reading. And the IBNR: more than 'extremely… Continue reading Some realities of a ‘Tesla Insurance Company’

A few questions to think about when new players enter the insurance industry

Tesla is in the throes of launching (sorry about that) an insurance carrier. Amazon has entered the insurance market in India as an insurance broker Some questions that folks involved with the insurance industry might want to consider before getting excited or running off to the hills screaming in fear about any new entrant: what… Continue reading A few questions to think about when new players enter the insurance industry

Some Thoughts – Insurance and Otherwise – Triggered by COVID-19

As some of you know, I've begun writing a book about insurance and technology. I've got a more descriptive title which I plan to keep under wraps until the book is finished near the end of September 2021. I'm grateful to Wells Media Group for agreeing to publish, market, and distribute it. They are quite… Continue reading Some Thoughts – Insurance and Otherwise – Triggered by COVID-19

I am writing a book about insurance & technology

I have decided to write a book about the relationship between insurance and technology. Wells Media Group (WMG) and I have entered into an agreement where WMG will publish, market, and distribute the book as a paper book, ebook, and audio book when it is finished. I plan to keep the working title secret until… Continue reading I am writing a book about insurance & technology

Simplified Risk Flow of Commercial P&C Insurance Purchase

I'm not sure if this will help the many threads of whether Business Interruption (BI) should or should not be covered if the commercial P&C insurance policy excludes BI claims from being triggered by bacteria / viruses / pathogens but ... ... I thought an illustrative visual diagram of a simplified risk flow capturing the… Continue reading Simplified Risk Flow of Commercial P&C Insurance Purchase

Seamless interconnections: The fragility of interdependence

"Pathogen outbreaks are an emergent property of global 21st century society," Dr. Richard Hatchett, Executive Director, Coalition for Epidemic Preparedness (CEPI), Bloomberg BusinessWeek, February 13, 2020 As a society, we are obviously becoming increasingly more interconnected. Most of the time, we don't realize the fragility caused by our interdependence on our panoply of linkages and… Continue reading Seamless interconnections: The fragility of interdependence