I hope you enjoyed Part 1 of this article. This post covers Trends 5-7 from my 2020 article and some Bonus ones for the rest of the decade. Trend #5: Macro Economy – Roaring 20s into the Great Depression From 2020 article: In the 1920s – The stock market crash of October 1929 began the … Read more
Back in January 2020, I wrote an insurtech predictions piece entitled The 20’s: Now and Then. This looked at trends we saw in the 1920’s and how they might compare to the 2020’s. I was working with Reinsurance Group of America (RGA) at the time, regularly speaking with insurers and insurtech disruptors. Recently, I have … Read more
Another ITC come and gone. This year was my 4th year in attendance (2017-2019, 2022). It was also my third time attending with a different badge/title around my neck–first as a member of the press, second as an employee of a reinsurer/investor, and this one as an independent advisor/consultant. It has taken me a few … Read more
Today the role of the local agent is being marginalized. Most start-up insurtechs, even some legacy insurance carriers, no longer see the value of the local agent. Part of this marginalization is also self-inflicted by us agents. The guiltiest of which are old-school agents such as myself who have refused to change. The truth is many of … Read more