#18 - Why Reinsurance Is Good for the World
The first in a two-part special, Jerad and Ben discuss all the good reinsurance does for the world as 1) the great enabler and 2) the guardian of the guardians (AKA insurance). Could the world as we know it operate without reinsurance? No, and the guys go through exactly why using examples and stunning analogies. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:44 What Reinsurance Enables Day-to-Day 04:07 Supply Chains, Economies and Liability 05:30 Insurance Vs. Reinsurance 09:30 Analogy Battle: How Reinsurance Benefits the World 13:54 Some Risks Rely on Reinsurance to Get Coverage 18:44 Diversification Across a Global Industry 19:50 Analogy Battle Winner Announced