For those of you who are newer readers, a Brief is when I have a bunch of things to talk about, none of which are long enough for a full post so I throw them all together in to one long entry. Every W Begins as a V Think about Continue Reading
The Definitive Break Down of the Lemonade S1
High flying renter’s insurance startup Lemonade filed for an IPO last week. While I have many opinions on Lemonade’s business, I’ll save those for a later day. Today, in the interest of public service, I’ve put together a detailed summary of the S-1 filing. What follows is essentially a highlight Continue Reading
What Would It Take To Truly Turn the Market?
In my last post, I addressed the lack of sufficient catalysts to lead to a hard market rather than another false dawn. Today, I will lay out some events that could change that. The fascinating thing about the insurance industry is we’re always one day away from a possible market Continue Reading
Is The Underwriting Clock Still Broken?
Everyone knows the old saw about the broken clock being right twice a day. Most readers are also familiar with the “underwriting clock” which shows the pattern of the insurance pricing cycle. Unfortunately, most insurance CEO’s version of the underwriting clock broke long ago somewhere around 8:30. They perpetually think Continue Reading