John

Insurance / Insurtech Stuff - Avid Reader - Rock Climber - Volunteer Firefighter - BJJ - USMC Vet

[John @johnf260]

@CedarStResearch @Broker_Brett @ryring Came here to post that 👆 one of my favorites to use on corporate calls 😎

[John @johnf260]

@RealJeffWhite @hedgequote Yup, I was just in a different insurance carrier building right next to that one all week 😎 it’s a nice spot!

[John @johnf260]

There are many times I’m tempted to comment or reply to something idiotic he says but I think back to the Gunny Highway saying, “don’t give the prick the satisfaction”. He’ll angle anything to elicit as much of a response as possible. It’s a good clip and a valid discussion. Appreciate the post.

[John @johnf260]

Hot new insurtech sues old school insurtech. Competitors are going to go through your quoting process. The fact that they bound a policy with no business details and client had to answer over 100 questions (1 question per $1M raised😅) is not something I’d admit publicly. If this is AI insurance innovation, I’ll pass 🤷‍♂️

https://t.co/BmJ9nmqiIs

[John @johnf260]

@hedgequote @TheRiskResource @Broker_Brett He doesn’t need it, he kills with kindness 😎

[John @johnf260]

@hedgequote We’ve got some lacrosse going on over here as well.

[John @johnf260]

@TyRobben @Broker_Brett @CedarStResearch I just know a guy who knows a guy.
However, if you’re coming to town and have some free time, let’s make it happen.

[John @johnf260]

Rest Easy and Semper Fi, Marine

[Shelby Talcott @ShelbyTalcott]

Trump on the death of Robert Mueller: “Good, I’m glad he’s dead.”

[John @johnf260]

Yup, I’m one of those.. we saw what could be built and what was built/funded. IMO, those that had actual deep insurance experience (especially sales) were not taken seriously + limited investors in the space that had carrier LPs. Felt innovation in the period could have been more impactful. That’s changing, what is possible is changing, exciting times ahead. Maybe former skeptic, future founder, who knows. I just know the game has changed for the better I think. 😎

[John @johnf260]

@TyRobben Yeah, agree, definitely a market for corporate policies. The targets I’m working on/helping with are professional individuals, so a more price sensitive market.

[John @johnf260]

@TyRobben I always hope for success, as I know it’s hard to raise and create a startup but these have been interesting trying to understand the true value prop. Anyway, they both have great looking websites 👍. Need a real thoughts podcast.

[John @johnf260]

@Broker_Brett @ryring I’ve got a program idea that I’ll give you a call on later. 😅

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US Development Finance Corporation is ~$200 billion short of the capacity needed to underwrite insurance policies for ships going through the Strait of Hormuz, per FT.

Details include:

1. The US DFC was ordered by President Trump on March 3rd to insure vessels in the Strait of Hormuz

2. DFC reportedly has $154B of the $352B needed to underwrite insurance policies

3. Raising the total liability cap for the US DFC would require an act of Congress

4. Traffic in the Strait of Hormuz is now down by ~92%

Nearly 20 million barrels per day of oil supply are currently frozen.

[John @johnf260]

@shaig "We have agreed to work together with the US and allies in the region on this matter."

https://t.co/loEg8oNQlh

[John @johnf260]

@shaig Did you show up? It’s fair for them to disagree, they sacrificed a lot and are dealing with things in Europe. Whether that changes in the future or not, who knows, but they’ve always showed up in the past few decades.

[John @johnf260]

@shaig You mean the countries that fought with us at varying levels for 20 years in Iraq and Afghanistan?

[John @johnf260]

@TheRiskResource This, but to all the accounts my competitors write.

[Daniel @danielgothits]

I have openclaw sending lowball offers on Zillow all day just to make boomers start panicking lol

[John @johnf260]

@hedgequote Agree, it’s a bad decision I made. Also, didn’t raise enough initially and wasn’t open enough about what we built, which was the first of its kind, still not replicated, because it wasn’t up to my expectations yet. So many things I would ( and will 😎) do differently.

[John @johnf260]

@CedarStResearch @DJ_EBITDA Definitely a bait and switch

[John @johnf260]

Interesting insurance find: https://t.co/skXQHvJ7W9 on Reddit, says it started to see if drivers are overpaying. Makes it seem like an unbiased “org” but you put your info in, have to provide email and phone at the end. Fine print is that it gets sent to Quotelab auto aggregator, which is run by MediaAlpha, partnered w/ carriers. Nice way to trick consumers.

[John @johnf260]

@hedgequote Agree, “insurance allows the world to go around, why do people not like us?”Oh yeah, it’s this. I save $1000 a year, and my limits are half and it’s a 6 month policy. Cool 👍