#41 - Tom Spier: 1/1 Reinsurance Renewals Recap 2023
In our first episode of 2023 we’re joined by Tom Spier to help navigate the choppy waters of January 2023 reinsurance renewals. Listen to insights and strategies for how the industry tackled the toughest renewal season in decades. EPISODE LINKS: Tom's LinkedIn: https://www.linkedin.com/in/tomspier 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 Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (02:02) Unfinished Work for 2022 Renewals (04:52) Was the Pain of This Renewal Expected? (06:28) Strategies for the Bigger Cedents (07:21) Tourist Capital in Catastrophe Reinsurance Programs (10:30) What Has This Renewal Season Done to Relationships & Reputations? (13:53) The Struggle of Challenger Brokers, Finding Capital and Doing Deals (16:53) Reinsurtech Value for Smaller Brokers (18:25) The Escape From Property Catastrophe (20:22) Time Pressure for Cedents (21:07) Analogy Battle: 1/1 Renewals (28:45) Outro