Some may recall the first edition of the Brief where I followed up on some prior topics along with some new thoughts not long enough to make a full post. For Halloween and to keep things light during earnings, I am back with Brief #2. The Insurance Haunted House Nothing Continue Reading
Five Suggestions to Improve the NBA
Since a) it’s earnings week and b) the NBA just started back up, I thought it was time for a lighter topic. I have five out of the box ideas to improve the product. If anyone reading this has Adam Silver or Michele Roberts’ email or can DM them on Continue Reading
Reissuing: The Path of Pricing
Given today’s Traveler’s news, I thought it was worth sending around again my commentary from last quarter on pricing and loss costs. I humbly suggest it is worth a re-read. My earlier longer post on pricing can be found below. If you want to skip the history and get to Continue Reading
Will Root Cause a Disruptive Price War?
There are two types of disruption. The virtuous kind where a new innovation improves the industry and provides a better product to the consumer. Then, there is the disastrous disruption, where a new entrant starts a race to the bottom that benefits nobody. One recent example of the latter is Continue Reading
The Future of Personal Lines Distribution
I’ve written before about the perils of innovation in insurance. There is a flip side to that as well, which is if one of your competitors innovates, don’t dismiss their breakthrough and let them build up a big lead. You need to match their innovation immediately. Two recent market developments Continue Reading
The NBA Exposes the Shaky Foundation of ESG
I’m sure most readers are aware of the controversy caused by Houston Rockets’ GM Daryl Morey’s tweet supporting Hong Kong. It strikes me that there are some interesting lessons to be drawn from the reaction by the NBA to Morey and the reaction of corporate CEOs to the views of Continue Reading
Insuretech: PUREly Overvalued
Big news for insuretech today and it’s not good. PURE sold itself for $3.1B to Tokio Marine. This is a great outcome for PURE and they are to be congratulated on building such a successful business in a relatively short time (11 years). However, this is pretty terrible news for Continue Reading