--- title: "Profiles in Risk – E6: Is Insurance Gambling? - InsNerds.com" description: "SUBSCRIBE AT: Buzzsprout RSS: https://goo.gl/5K4X3Q Google Play: https://goo.gl/WMAvW4 iTunes: https://goo.gl/7SqwvP Overcast: https://goo.gl/8b4cbD Stitcher: https://goo.gl/DmE7Mi YouTube: https://goo.gl/1Turar The nerds discuss the history of insurance and whether it is gambling. Show Notes: Gambling Article: http://www.bbc.com/news/business-38905963 Lemonade 80% article: https://www.lemonade.com/blog/saving-80-90-seconds/ Hurricane Andrew - Nature's Casino Michael Lewis: http://www.nytimes.com/2007/08/26/magazine/26neworleans-t.html IoT Article. FM Global - Basically an engineering firm that sells insurance: http://www.fmglobal.com/ Tim Harford" image: https://insnerds.com/hubfs/Imported_Blog_Media/Rnyit1h.jpg --- 2 min read # Profiles in Risk – E6: Is Insurance Gambling? [ Antonio Canas ](https://insnerds.com/insights/author/antonio-canas) : Apr 2, 2017 12:00:00 AM [Lemonade](https://insnerds.com/insights/tag/lemonade) [Podcast](https://insnerds.com/insights/tag/podcast) ![Profiles in Risk – E6: Is Insurance Gambling?](https://insnerds.com/hubfs/Imported_Blog_Media/Rnyit1h.jpg) Audio Player [http://www.buzzsprout.com/87086/496094-profiles-in-risk-episode-6-is-insurance-gambling.mp3](http://www.buzzsprout.com/87086/496094-profiles-in-risk-episode-6-is-insurance-gambling.mp3) 00:00 00:00 00:00 Use Up/Down Arrow keys to increase or decrease volume. **SUBSCRIBE AT: [Buzzsprout RSS: https://goo.gl/5K4X3Q](https://goo.gl/5K4X3Q) [Google Play: https://goo.gl/WMAvW4](https://goo.gl/5K4X3Q) ****[iTunes: https://goo.gl/7SqwvP Overcast: https://goo.gl/8b4cbD Stitcher: https://goo.gl/DmE7Mi](https://goo.gl/DmE7Mi)** **[YouTube: https://goo.gl/1Turar](https://goo.gl/1Turar)** ****The nerds discuss the history of insurance and whether it is gambling. ## Show Notes: Gambling Article: [http://www.bbc.com/news/business-38905963](http://www.bbc.com/news/business-38905963) Lemonade 80% article: [https://www.lemonade.com/blog/saving-80-90-seconds/](https://www.lemonade.com/blog/saving-80-90-seconds/) Hurricane Andrew – Nature’s Casino Michael Lewis:  [http://www.nytimes.com/2007/08/26/magazine/26neworleans-t.html](http://www.nytimes.com/2007/08/26/magazine/26neworleans-t.html) [IoT Article](https://insnerds.com/iot-partnership/). FM Global – Basically an engineering firm that sells insurance: [http://www.fmglobal.com/](http://www.fmglobal.com/) Tim Harford Amazon Author Page: [https://www.amazon.com/Tim-Harford/e/B003CHGYPI](https://www.amazon.com/Tim-Harford/e/B003CHGYPI) Nassim Taleb books: - The Black Swan: [https://www.amazon.com/gp/product/081297381X/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=insn-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=081297381X&linkId=98e64d55935a1b624ffa5daafc15a0ca](https://www.amazon.com/gp/product/081297381X/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=insn-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=081297381X&linkId=98e64d55935a1b624ffa5daafc15a0ca) - Fooled by Randomness: [https://www.amazon.com/gp/product/0812975219/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=insn-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=0812975219&linkId=bca5847b46659a4389c6cd229bc560dd](https://www.amazon.com/gp/product/0812975219/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=insn-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=0812975219&linkId=bca5847b46659a4389c6cd229bc560dd) - Antifragile: [https://www.amazon.com/gp/product/0812979680/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=insn-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=0812979680&linkId=e5f7b5e2632e98155d888211522aa6f9](https://www.amazon.com/gp/product/0812979680/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=insn-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=0812979680&linkId=e5f7b5e2632e98155d888211522aa6f9) Cat with a tutu: ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Rnyit1h.jpg?width=800&height=534&name=Rnyit1h.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Rnyit1h.jpg?width=800&height=534&name=Rnyit1h.jpg) This is a Fox: ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/93516fd5f5f4c126ceaf8a28fa1a6071.jpg?width=640&height=446&name=93516fd5f5f4c126ceaf8a28fa1a6071.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/93516fd5f5f4c126ceaf8a28fa1a6071.jpg?width=640&height=446&name=93516fd5f5f4c126ceaf8a28fa1a6071.jpg) This is a Fax: ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Fax-amarys.jpg?width=800&height=651&name=Fax-amarys.jpg)   **Intro & Exit music** – “The Spirit of Radio” in The Spirit of Radio: Greatest Hits (1974-1987) by Rush – buy: [iTunes](https://itunes.apple.com/us/album/the-spirit-of-radio-greatest-hits-1974-1987/id659738192) OR [Google Play](https://play.google.com/store/music/album?id=Bgcx4c5fswstep6lf6nuwzsjg3y&tid=song-Tasrfkhuwaqxqxvviddvowucgzm&hl=en) OR [Amazon](https://www.amazon.com/Spirit-Radio-Greatest-Hits-1974-1987/dp/B000W1QWVI/ref=sr_1_1?ie=UTF8&qid=1506008618&sr=8-1&keywords=the+spirit+of+radio+greatest+hits+1974-1987) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Super-Tony-100x100-Jan-03-2025-02-35-10-0482-AM.jpg?width=100&height=100&name=Super-Tony-100x100-Jan-03-2025-02-35-10-0482-AM.jpg) ### About Antonio Canas Tony started in insurance in 2009 and immediately became a designation addict and shortly thereafter a proud insurance nerd. He has worked in claims, underwriting, finance and sales management, at 4 carriers, 6 cities and 5 states. Tony is passionate about insurance, technology and especially helping the insurance industry figure out how to retain and engage the younger generation of insurance professionals. Tony is a co-founder of InsNerds.com and a passionate speaker. - [![](https://insnerds.com/hubfs/Imported_Blog_Media/twitter-Jan-03-2025-02-36-09-9440-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/twitter-Jan-03-2025-02-36-09-9440-AM.png) ](https://twitter.com/TonyCanas4) - [![](https://insnerds.com/hubfs/Imported_Blog_Media/facebook-Jan-03-2025-02-36-10-2453-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/facebook-Jan-03-2025-02-36-10-2453-AM.png) ](https://www.facebook.com/askwwtd) - [![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-02-36-10-9744-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-02-36-10-9744-AM.png) ](https://www.linkedin.com/in/tonycanas) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Super-Tony-150x150-Jan-03-2025-02-35-08-6362-AM.jpg?width=150&height=150&name=Super-Tony-150x150-Jan-03-2025-02-35-08-6362-AM.jpg) ##### [ Antonio Canas](https://insnerds.com/author/tony-canas/) + posts Tony started in insurance in 2009 and immediately became a designation addict and shortly thereafter a proud insurance nerd. He has worked in claims, underwriting, finance and sales management, at 4 carriers, 6 cities and 5 states. Tony is passionate about insurance, technology and especially helping the insurance industry figure out how to retain and engage the younger generation of insurance professionals. Tony is a co-founder of InsNerds.com and a passionate speaker. ### Related Posts - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/pixabay-iot-150x150-2.jpg?width=150&height=150&name=pixabay-iot-150x150-2.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/pixabay-iot-150x150-2.jpg?width=150&height=150&name=pixabay-iot-150x150-2.jpg) ](https://insnerds.com/iot-partnership/) [What Could Prevent Internet of Things #IoT Devices And #Insurance From Truly Partnering?](https://insnerds.com/iot-partnership/) “If you go back sixty-four generations, to the time of the Romans, the number of… - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg?width=150&height=150&name=logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg?width=150&height=150&name=logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg) ](https://insnerds.com/podcast-e1/) [Profiles in Risk - The InsNerds Podcast: Episode 1](https://insnerds.com/podcast-e1/) After more than two years of only text-based blogging we are very excited to announce our… - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg?width=150&height=150&name=logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg?width=150&height=150&name=logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg) ](https://insnerds.com/podcast-e2/) [Profiles in Risk - Episode Two](https://insnerds.com/podcast-e2/) SUBSCRIBE AT: Buzzsprout RSS: https://goo.gl/5K4X3Q Google Play: https://goo.gl/WMAvW4 iTunes: https://goo.gl/7SqwvP Overcast: https://goo.gl/8b4cbD Stitcher: https://goo.gl/DmE7Mi YouTube: https://goo.gl/1Turar… [**Share15](https://www.linkedin.com/cws/share?url=https%3A%2F%2Finsnerds.com%2Fpodcast-e6%2F%3Futm_source%3Dlinkedin%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [**Tweet](https://twitter.com/intent/tweet?text=Profiles+in+Risk+-+E6%3A+Is+Insurance+Gambling%3F&url=https%3A%2F%2Finsnerds.com%2Fpodcast-e6%2F%3Futm_source%3Dtwitter%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare&via=InsNerds) [**Share](https://www.facebook.com/share.php?u=https%3A%2F%2Finsnerds.com%2Fpodcast-e6%2F%3Futm_source%3Dfacebook%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [**Reddit](https://www.reddit.com/submit?url=https%3A%2F%2Finsnerds.com%2Fpodcast-e6%2F%3Futm_source%3Dreddit%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) [**Email](mailto:?subject=Profiles%20in%20Risk%20-%20E6%3A%20Is%20Insurance%20Gambling%3F&body=SUBSCRIBE%20AT%3A%20Buzzsprout%20RSS%3A%20https%3A%2F%2Fgoo.gl%2F5K4X3Q%20Google%20Play%3A%20https%3A%2F%2Fgoo.gl%2FWMAvW4%20iTunes%3A%20https%3A%2F%2Fgoo.gl%2F7SqwvP%20Overcast%3A%C2%A0https%3A%2F%2Fgoo.gl%2F8b4cbD%20Stitcher%3A%20https%3A%2F%2Fgoo.gl%2FDmE7Mi%20YouTube%3A%20https%3A%2F%2Fgoo.gl%2F1Turar%20The%20nerds%20discuss%20the%20history%20of%20insurance%20and%20whether%20it%20is%20gambling.%20Show%20Notes%3A%20Gambling%20Article%3A%C2%A0http%3A%2F%2Fwww.bbc.com%2Fnews%2Fbusiness-38905963%20Lemonade%2080%25%20article%3A%C2%A0https%3A%2F%2Fwww.lemonade.com%2Fblog%2Fsaving-80-90-seconds%2F%20Hurricane%20Andrew%20-%20Nature%27s%20Casino%20Michael%20Lewis%3A%20%C2%A0http%3A%2F%2Fwww.nytimes.com%2F2007%2F08%2F26%2Fmagazine%2F26neworleans-t.html%20IoT%C2%A0Article.%20FM%20Global%20-%20Basically%20an%20engineering%20firm%20that%20sells%20insurance%3A%C2%A0http%3A%2F%2Fwww.fmglobal.com%2F%20Tim%20Harford%0D%0A%0D%0ARead%20More%20Here:%20%20https%3A%2F%2Finsnerds.com%2Fpodcast-e6%2F%3Futm_source%3Demail%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) 15 Shares [![Profiles in Risk – Episode 15 with Ivan Maddox EVP of Commercial Products, Intermap](https://insnerds.com/hubfs/Imported_Blog_Media/Surveying.jpg) ](https://insnerds.com/insights/podcast-e15) 1 min read #### [Profiles in Risk – Episode 15 with Ivan Maddox EVP of Commercial Products, Intermap](https://insnerds.com/insights/podcast-e15) [Antonio Canas](https://insnerds.com/insights/author/antonio-canas) : Jun 4, 2017 12:00:00 AM Profiles in Risk – Episode 15 with Ivan Maddox EVP of Commercial Products, Intermap by Antonio Canas Audio Player ... 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[Podcast](https://insnerds.com/insights/tag/podcast) [Read More](https://insnerds.com/insights/podcast-e17) ![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Antonio Canas", "url" : "https://insnerds.com/insights/author/antonio-canas" }, "dateModified" : "2025-01-03T02:36:30.678Z", "datePublished" : "2017-04-02T04:00:00.000Z", "headline" : "Profiles in Risk – E6: Is Insurance Gambling? - InsNerds.com", "image" : [ "https://insnerds.com/hubfs/Imported_Blog_Media/Rnyit1h.jpg" ], "mainEntityOfPage" : { "@id" : "https://insnerds.com/insights/podcast-e6", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://insnerds.com/hubfs/InsNerds%20Large%20print%20quality.png" }, "name" : "Insurance Nerds" } } ```