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
How Would An Insurance Broker Collapse?
I originally planned to write something else this week but there was a lot of interest in last week’s broker piece so I thought I would dive a little deeper into some of the issues I didn’t get to address. Namely, if I’m right and brokerage valuations do retrench, what 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
Will the Brokers Bear the Cost of Business Interruption?
This is going to be a very short post but wanted to get this thought out there and no reason to write more than is necessary. There is obviously a lot of concern about the potential for insurers to be found responsible for covid related business interruption losses. There are Continue Reading