Insurance
Insurance companies collect premiums today, invest the money, and pay out claims later. The gap between what they collect and what they pay — called the float — gets invested for profit. The best insurers are essentially investment vehicles that someone else funds.
Warren Buffett built his empire on insurance float. GEICO and dozens of other insurance businesses generate billions in premiums that Buffett invests in stocks and businesses. The greatest example of the insurance business model working at scale.
One of the largest life insurance and asset management companies in the US. Sells life insurance, annuities, and retirement products. Benefits from ageing populations who need income and protection products.
One of the largest property and casualty insurers in the US, covering homes, cars, and businesses. The only insurance company in the Dow Jones Industrial Average. Pricing power improves after major catastrophe events.
Sells supplemental insurance — coverage that pays cash directly to policyholders when they are sick or injured. Dominant in Japan (where it sells to 1 in 4 households) and growing in the US. Extremely high retention rates.
The largest US auto insurer by policies. Known for data-driven pricing — it tracks driving behaviour to price risk more accurately than competitors. Has taken significant market share from State Farm and Allstate over the past decade.
Scores 9/10 for Health Insurance.
Scores 9/10 for Health Insurance.
Scores 9/10 for Health Insurance.
Scores 9/10 for Insurance Analytics. Also relevant to AI Underwriting.
Scores 9/10 for Health Insurance.
Scores 9/10 for Health Insurance.
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