Jump to content

What 19 Years in Insurance has taught me


Recommended Posts



"It only takes minutes to recruit a financial whiz kid to preside over an insurance company; but it will take at least 5 to 10 years to get back to a positive balance sheet once you get rid of him."


"Learn how to fire a client; and be willing to do it."

"No matter what I know, there is always someone who knows more. "

"Sustained bad underwriting will lose you all your best Reinsurer friends."





Link to comment
Share on other sites

Very interesting. Thanks.


Here is some other quotes found in the article and the "comments" section.


The graveyard is full of irreplaceable people (producers, underwriters, consultants, etc.)


Insurance is a business, not a charity.


Past history is not always a good measure of what is to come


Deal only with clients that are ethical, it will save you a lot of grief and the others are not worth the time.


The client is always right, at least as long as they are a client, but know when to cut the cord!!


Top Line for vanity bottom line for sanity (note: underlining is mine)


"Paper Free in [insert year ending in 3 here]"


One for the newbies: Underwriting is a trade where ignorance is actually a short-term asset.


I've never seen 3rd-party 'consultant' recommendations make a company better. EVER.


When you are absolutely certain; read the form.



Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...