X Insurance founder Rick Lindsey discusses building insurance solutions around unusual risks and the responsibility of both insurers and insureds. The conversation includes risk retention groups, group policies, underwriting, pricing, and the consequences of repeated poor decisions. Dan and Mike explore a partnership approach to risk and connect lessons from specialty insurance with challenges in health coverage.
In this episode
- Specialty insurance
- Risk retention groups
- Underwriting and pricing
- Policyholder responsibility
- Insurer partnerships
Show notes
Insurance Evolution: From Extreme Sports to Residential Risks with Rick Lindsey!
Welcome to another insightful episode of the Agent Boost Podcast! 🎙️ This week, hosts Dan and Mike are back from their travels and have a special guest, Rick Lindsey, the founder and owner of X Insurance. Rick shares his fascinating journey from aspiring professional hockey player to leading innovative changes in the insurance industry. He discusses the nuances of admitted vs. E&S insurance, his approach to underwriting unique risks, the advantages of profit-sharing with brokers, and his deep knowledge gained through experiences like insuring Evel Knievel’s iconic jump, the Rolling Stones concert, and even the Bartman Ball explosion. Tune in to discover how Rick tackles high-risk insurance, navigates industry challenges, and creates genuine partnerships with clients and brokers.