Insuring Against Litigation: Demotech, 4Warn, & the Battle Against Florida’s Litigation Surge Abuse (AoB S1E8)

Is the insurance crises in Florida due to bad insurance practices or litigation abuse. In this episode, Nick discusses the topic with Todd Kozikowski of 4Warn and Joe Petrelli of Demotech (a national insurance company rating agency) Introduction – Quick overview of Demotech’s history and its critical role in rating insurance companies. – Introduction of … Read more

The Madonna of Insurance – Margo/Margeaux Giles, CEO of Irys Cloud (AoB S1E7)

Margeaux (notice the two spellings) is a native and resident of Florida. She is obsessed with puzzles and fixing things that are broken. Margo Giles has been involved in unique entrepreneurial ventures such as Zingo, where they provided (potentially) inebriated drinkers at bars a ride home…in their own vehicles (with the clever use of folding … Read more

The Critical Importance of Rating Agencies: Joseph Petrelli, CEO of Demotech (AoB S1E3)

Insurance company Rating Agencies perform a critical and yet, underappreciated function to society. As an impartial 3rd party, Rating Agencies evaluate insurance companies for their ability to pay future claims and remain solvent. Now the ability to pay future claims depends on a large part to the amount of assets and surplus an insurer has … Read more

Werner Kruck on Revolutionizing Insurance Data Sharing with openIDL – Assignment of Benefits Podcast S1E2

Redefining data sharing within the insurance industry. Imagine a future where the sharing of critical insurance data is as seamless as the transactions in your daily life. We explore the transformative potential of a platform designed to streamline processes for insurers, regulators, and agents, all while preserving  privacy and security. openIDL (Open Insurance Data Link) is an open blockchain … Read more