Brett Fulmer, Author at InsNerds.com • Page 4 of 4

A Tale of Two InsurTech LA API Start-Ups

Lifeguard (www.lifeguard.insure), an API authentication product. BOUND (www.boundapi.com), a distribution play using APIs to deliver insurance quotes where people are. Is Los Angeles big enough for the two companies? Probably. Greater LA Metro has 13 million people. Will there be bloodshed? No, of course not, we’re talking about InsurTech. Often thought of for beaches, Hollywood, … Read more

Why I Love Insurance – Brett Fulmer’s Story

by Brett Fulmer

This article originally published on InsNerds.com Choosing a career is a lot like trying to choose a movie. You should be intrigued enough by the potential plot and projected outcome to buy a ticket, especially since movie tickets are so expensive these days! Similar to how weekends always feel fleeting, and committing time to a … Read more

Definitioner

Protection

What things have been put into a building to make it safer.

Actuary

The person at a company that uses computers to help the company decide how much money to sell their promises for.

Agent

The person who sells you the promise to pay for things you break or lose.

Policy

A written paper that explains in long words the promise you have bought from the company and what is covered or not covered.

Insured

The person who gets paid when something breaks or is lost.

Claim

Asking somebody else to pay when something breaks or is lost.

Liability

When the law says you have to pay for breaking something.

Insurance

Paying a company a little money for the promise they will pay a lot of money for things we break or lose without meaning to.