A.M. BestTV: Risk Takers: Many Paths to Starting an Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)-- This A.M.BestTV episode features interviews from Best’s Review Senior Associate Editors, Kate Smith, Lori Chordas and Angelo Lewis, about the cover story of the December issue of Best’s Review, titled, “Risk Takers,” where these three editors interviewed various executives that have effectively started insurance companies. Click on http://www.ambest.com/v.asp?v=risktakers1215 to view the entire program.

Featured on the cover is Insurance Hall of Famer Don Kramer, chairman and chief executive officer, ILS Capital Management, who has been buying and selling insurance companies for more than 30 years. Kramer said he believes the key to success is not the victories that you have but the failures, because it is from the failures that you learn from the most.

Also featured in this issue is Ross Buchmueller, president and chief executive officer, PURE Group of Insurance Companies, a high net worth company that operates in 49 of the 50 U.S. states. Like Kramer, Buchmueller said he credits his successes to learning from his mistakes.

Nir Kossovsky and Peter Gerken, co-founders, Steel City Re, and Robert Cochran and Sean McCarthy, co-founders, Build American Mutual, are also interviewed in this issue, which is now available.

Recent episodes of A.M.BestTV include:

• Skipping the Desktop: Technology Upends Asia’s Insurance Markets: At the recent Pacific Insurance Conference in Manila, Philippines, attendees said the proliferation of technology in the Asia Pacific region makes social media and smart phones the best way to reach the region’s youthful population: http://www.ambest.com/v.asp?v=21215nc.
• Regulation is Driving Insurance Activity: At the annual A.M. Best Insurance Market Briefing – Europe, in London, A.M. Best Chief Rating Officer Stefan Holzberger, said European insurers have been focusing on capital in anticipation of Solvency II, while insurers in the Middle East and elsewhere are responding to increasing regulatory constraints: http://www.ambest.com/v.asp?v=holzberger1115.

• Alternative Capital Showing More Discipline Than Traditional Market: At a recent panel discussion, James Vickers, chairman, Willis Re International, said year-end reinsurance renewals will likely be mixed, with rates continuing to decline but at a slower pace: http://www.ambest.com/v.asp?v=vickers1115.
• Insurers on Moving to All-Digital: Think Like a Customer: A panel of insurance technology experts explore how insurers are succeeding and struggling to meet the expectations of customers that are increasingly comfortable interacting with insurers through digital channels: http://www.ambest.com/v.asp?v=digital1115.

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151204005677/en/

A.M. Best
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
[email protected]

Source: A.M. Best

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