42 min
Swirl, Sip, and Shelter: Convective Hail Storms, M&A, Lockton turmoil, Supercharged Hurricane Season & Litigation Funding RiskCellar
-
- Management
As Nick and I tackle the complexities of a Fableist 373 Cabernet Sauvignon, we find ourselves diving into more than just the notes and finishes of our chosen vino. We discuss the stormy relationship between climate and the insurance industry, where hailstorms now rival hurricanes in their capacity for chaos. The episode uncorks discussions on the roofing innovations that could stand up to Mother Nature's wrath, and the financial fermentations represented by Aon's and NFP's merger, all while considering the potent blend of climate on the very grapes in our glass.
Every good story has its twists, and the leadership shake-up at Lockton Insurance is no exception. With the departure of CEO Peter Clune, we probe the possible undercurrents of this significant change and speculate on the future direction of the world's 10th largest brokerage. And amidst these seismic shifts, we can't help but address the forecast for a hurricane season that promises to be as memorable as the Cabernet on our lips - a swirl of meteorological predictions and legislative changes, like Florida's stance on litigation funding, that could redefine the landscape of the legal system.
Our conversation may start with wine, but it's the tales of trial attorneys and the unexpected round of February golf in Minneapolis that add flavor to our discussion. We admire the finesse of courtroom combatants and their ability to weave narrative and knowledge into a compelling argument. And, as we raise a glass to the quirky intersection of legal drama with pop culture - from 'My Cousin Vinny' to 'Catch Me If You Can' - we toast to the shared moments that keep us connected, to both the tales we tell and the trials we withstand. So, join us, glass in hand, for an episode that pairs life's unexpected twists with the timeless pursuit of a good story.
Timestamps
0:00 Today's wine: Fableist 373 The Ant and the Cicada
4:11 Today's topics
4:56 Hail storms in the US and roof materials appropriate for insurance
10:23 Current state of AON's purchase of NFP and Point Capital's purchase of Truist
13:45 Zurich adds $300m top cat layer for Europe to 2024 reinsurance arrangements
16:11 Lockton CEO Peter Clune exits the company and will be replaced by Ron Lockton
21:33 AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season
26:17 Florida pushing against litigation funding
30:52 Talking about attorneys, bars, and Curb
Connect with RiskCellar:
Website: https://www.riskcellar.com/
Brandon Schuh:
Facebook: https://www.facebook.com/profile.php?id=61552710523314
LinkedIn: https://www.linkedin.com/in/brandon-stephen-schuh/
Instagram: https://www.instagram.com/schuhpapa/
Nick Hartmann:
LinkedIn: https://www.linkedin.com/in/nickjhartmann/
As Nick and I tackle the complexities of a Fableist 373 Cabernet Sauvignon, we find ourselves diving into more than just the notes and finishes of our chosen vino. We discuss the stormy relationship between climate and the insurance industry, where hailstorms now rival hurricanes in their capacity for chaos. The episode uncorks discussions on the roofing innovations that could stand up to Mother Nature's wrath, and the financial fermentations represented by Aon's and NFP's merger, all while considering the potent blend of climate on the very grapes in our glass.
Every good story has its twists, and the leadership shake-up at Lockton Insurance is no exception. With the departure of CEO Peter Clune, we probe the possible undercurrents of this significant change and speculate on the future direction of the world's 10th largest brokerage. And amidst these seismic shifts, we can't help but address the forecast for a hurricane season that promises to be as memorable as the Cabernet on our lips - a swirl of meteorological predictions and legislative changes, like Florida's stance on litigation funding, that could redefine the landscape of the legal system.
Our conversation may start with wine, but it's the tales of trial attorneys and the unexpected round of February golf in Minneapolis that add flavor to our discussion. We admire the finesse of courtroom combatants and their ability to weave narrative and knowledge into a compelling argument. And, as we raise a glass to the quirky intersection of legal drama with pop culture - from 'My Cousin Vinny' to 'Catch Me If You Can' - we toast to the shared moments that keep us connected, to both the tales we tell and the trials we withstand. So, join us, glass in hand, for an episode that pairs life's unexpected twists with the timeless pursuit of a good story.
Timestamps
0:00 Today's wine: Fableist 373 The Ant and the Cicada
4:11 Today's topics
4:56 Hail storms in the US and roof materials appropriate for insurance
10:23 Current state of AON's purchase of NFP and Point Capital's purchase of Truist
13:45 Zurich adds $300m top cat layer for Europe to 2024 reinsurance arrangements
16:11 Lockton CEO Peter Clune exits the company and will be replaced by Ron Lockton
21:33 AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season
26:17 Florida pushing against litigation funding
30:52 Talking about attorneys, bars, and Curb
Connect with RiskCellar:
Website: https://www.riskcellar.com/
Brandon Schuh:
Facebook: https://www.facebook.com/profile.php?id=61552710523314
LinkedIn: https://www.linkedin.com/in/brandon-stephen-schuh/
Instagram: https://www.instagram.com/schuhpapa/
Nick Hartmann:
LinkedIn: https://www.linkedin.com/in/nickjhartmann/
42 min