Insurance Nerds

The USA as an (Insurance) Startup by Peter Crowe of Team Focus Insurance Group & 🇺🇸 Nick Lamparelli of Insurance Nerds On July 4th, 1776, a remarkable startup was born. Dubbed the United States of America, this fledgling entity struggled in a world dominated by established powers. Much like any new business venture, the USA had to fight—quite literally—to establish its place. Once it found its footing, the next challenge was determining how to survive and thrive amidst formidable competitors. The parallels between the early USA and a modern startup insurer or managing general agency (MGA) are striking. As soon as you gain some traction, you face an immediate exposure management problem. For the USA, the exposure was not just financial but existential. Surrounded to the North by the British Empire (which they just fought against for several years), to the West by the French Empire, and to the South and Southwest by the Spanish Empire, the USA had to navigate an unstable geopolitical READ THE FULL ARTICLE HERE: https://lnkd.in/eeYFvEqP

Does this resonate with anyone else in the insurance industry? I definitely resemble this remark 😂 Let's change the way we think about insurance. Insurance is the foundation to a sound financial plan and we need to make sure that it continues to be so. Let's speed up insurance innovation!

In this episode of the Get Ready Money Pros Podcast, Tony Steuer and Darrell Young discuss Darrell's journey, the wealth gap, and how education and networks can drive financial success, emphasizing the joy of using money to benefit others. - Understanding economics is essential for financial literacy, as it helps in making informed decisions about money and resources. - The wealth gap in America, where the top 1% holds more wealth than the entire middle class, is a significant problem contributing to political divisions and other societal issues. - Teaching economics and encouraging the gifting of stocks can be impactful ways to address the wealth gap and promote financial literacy. - Starting financial education early, especially for kids, can help prevent financial mistakes and build confidence in handling money. - Developing academic and professional networks is crucial for long-term financial success. - Avoid making purchases on impulse and set guidelines for your spending. - Financial jargon like Financial Wellness, Financial Freedom, and Financial Independence have nuanced meanings, so it's important to understand them. - Focus on building skills, making connections, and taking advantage of opportunities to set yourself up for success. - Finding joy in giving and using money to make a positive impact on others can bring more fulfillment than material possessions.

We want to share this recent article from one of the highly regarded publications within the property and casualty industry. https://lnkd.in/eFAahmrR It highlights the trend of more U.S. citizens choosing to self-insure their homes due to limited availability and/or significant premium increases. While there are many factors contributing to the current hard-market conditions, our agency has gained valuable experience navigating the turbulence here in SWFL. We have counseled many new and existing clients who are open to self-insurance, making them aware that this does not have to be an “all or nothing” proposition. We encourage our clients to engage with our client advisors ahead of their upcoming renewals, so that we may develop several alternatives for them to consider. We remain highly confident in our ability to find cost effective solutions for primary flood, excess flood, homeowners, and builder’s risk insurance.

Extreme climate is a property problem right? hmmm...read on

Lynn (Ellen) Miller, a product development strategist and growth consultant at Straight Talk Writer, discusses with Tony, her role in helping experts productize their knowledge, enabling wider accessibility and profitability through blended online programs, and highlights the importance of sharing expertise within the insurance industry for continued education and advancement. #ProfilesInRisk

In this episode of CoVerse The Podcast, hosts Whitney and Zaira sit down with Marissa Buckley and Curtis Goldsborough, both Making Waves award winners, to discuss the origin story behind their feud that led to some of the funniest content in insurtech history. They delve into how "THE Chain" became a central theme and the role humor plays in insurance content and brand building. CoVerse Communications

Fleetwood Mac once said you would never break the chain ⛓... but Whitney Carpenter Doig and Zaira Salcido got Marissa Buckley and Curtis Goldsborough to break down the origin story of their legendary feud 🥊 and, more importantly, the critical role HUMOR is playing in insurance content. In the latest must-watch episode of CoVerse: The Podcast, you'll definitely laugh along with these two InsurTech Hartford Making Waves 🌊 Award Winners. Find out the role Insurance Nerds, InsureTech Connect, #InsurtechRap, Roloff Consulting and other communities played in this awesome story and take inspiration in amping up your own content game with advice from two of the best in the business! #InsuranceContent #InsuranceThoughtleadership #Insurtech Stacey Brown, MBA #InsurtechHartford #InsurtechConnect #MakingWaves #InsNerds 🇺🇸 Nick Lamparelli Tony Cañas, https://lnkd.in/gPcQCJeb

quick survey. Help Tony produce more content

In this episode of #ProfilesinRisk, Tony and Eric Foster, CEO of Woop Insurance, discuss the company's mission to provide transparent, data-driven insurance advice and market comparisons, leveraging technology to help consumers make informed decisions; he also shares his journey from history major to insurance innovator, emphasizing the importance of timing and innovation in distribution. Woop Insurance is an insurance technology platform focused on the agency side of the business. The primary goal of Woop Insurance is to make personal lines insurance simple, transparent, and convenient for consumers. Eric emphasizes the importance of providing an unbiased database to help insurance consumers make data-based decisions.