Private Client Risk & Resilience

Making Happy Customers in the Non-Admitted Market with Rick Lindsey of Prime Insurance Company

September 28, 2022 Kurt Thoennessen, CAPI Episode 15
Private Client Risk & Resilience
Making Happy Customers in the Non-Admitted Market with Rick Lindsey of Prime Insurance Company
Show Notes Chapter Markers

Personal Risk Advisor and CEO of RiskRevu, Kurt Thoennessen, CAPI, talks with CEO of Prime Insurance Company, Rick Lindsey about his thoughts and approaches to insuring hard to place risks. The conversation spans the role of the agent in balancing the scales of justice to customizing coverage to make "Happy Customers." Rick offers his thoughts on how agents and carriers can improve the insurance industry to help eliminate lawsuits and ensure customers are well taken care of at the time of a claim. 

History of Prime Insurance Company
Prime's directive to serve the underserved. Commonly placed risks.
The insurance industry sells on price. Do you want cheap or good?
What does a claim look like?
Our job is to balance the scales of justice
Creative solutions for California
Lay the track ahead of time to make happy customers
Insurtech
Why we talk to insureds.
Pretend like you don't have insurance
Our job is telling clients stuff they don't want to hear
Final thoughts from Rick
Admitted paper vs Non-admitted paper
Facultative markets