You ever wonder how after someone famous dies the news sites instantly have an obituary written? You probably know it’s because there are writers who compose these ahead of time while the subject is still alive. Maybe not the most polite thing to do but understandably necessary. In that vein, Continue Reading
Why VCs Keep Getting Insuretech Wrong
How’s that for biting the hand I am asking for food? But I think any investors reading this will hopefully realize this is valuable advice that will be helpful to them. After spending a few years now comparing how I look at investing in insuring companies and how VCs look Continue Reading
The Revenge of the Balance Sheet
I’ve been building up to this piece for a while now. It’s a little bit like the end of the season episode where you get the payoff for the various plotlines. Today I’m going to tie together all my skepticism of MGAs, my views on overvalued brokers, the importance of Continue Reading
Can The Florida Insurance Debacle Be Solved?
Florida is holding another special legislative session this week to address the failed home insurance market. With FHCF wobbling, the future of many private insurers in the balance, and many residents being priced out of the market, the need for a solution has never been more pressing. Currently, nearly every Continue Reading
The Reinsurer’s Veto Is Here: What Higher Cat Reinsurance Prices Mean For MGAs
New Fair Use Policy: I’ve always operated under the principle that this blog is meant to enlighten others and thus, if people want to share it, they are more than welcome to do so. I assumed anyone reproducing it in a professional context would be, well, professional enough to cite Continue Reading
The End of the FHCF As We Know It?
Editor’s Note: Yes, I know it’s a Sunday. This is a special edition given the circumstances. It doesn’t seem people are aware of the threat to the FHCF’s solvency so I wanted to get this analysis out immediately. Editor’s Note 2: I had been having some trouble with the site Continue Reading
What State Farm Might Buy Next
There’s been a lot of talk about the State Farm deal to invest in ADT, much of which I think misses the point. When you invest $1.2B in a company, the rationale isn’t “hey, we might get a few extra customers”. It’s “we expect the investment return to be above Continue Reading
Insurance Brokers Are Ridiculously Overvalued
Before we get started, isn’t Informed planning to be an agent? Why would I talk down distribution valuations? Because we don’t do self serving here. We speak truth and me telling you brokers are still cheap isn’t going to stop the market from puking them someday. Don’t fight the facts. Continue Reading
Why Insuretechs Should Be Scared of the Reinsurer’s Veto
Informed Tip of the Week: Informed was designed specifically to avoid the Reinsurer’s Veto. It’s one of the many reasons we’ve chosen to start as an independent agent. Cash Burn Is So 2020 To keep with the recent theme of calling out the obvious, it’s time to talk about the Continue Reading
Ranking the Villains in the Florida Home Insurance Tragedy
It’s June 1st and you know what that means? It’s now officially hurricane season! You know what else it means? We are one day closer to the meltdown of the Florida home insurance market! Stresses are arguably the worst they have ever been. Carriers are dropping like flies and we Continue Reading