Awkward Insurance

A Hard Market - An Insurtech CEO's Perspective

Episode Summary

In this episode of Awkward Insurance hosts, Dustyne Bryant and Ashley Fitzsimmons, have a heart-to-heart with HIPPO CEO Rick McCathron, CIC, CPCU, to unpack the intricacies of a hard insurance market, shedding light on its impact and opportunities for insurance agents and consumers. Join us as we discuss the factors driving the hard market, insights into the narrowing property market, and expert advice for those feeling the market's challenges. Plus, we tackle misconceptions that both agents and consumers may have about today's property market. Tune in for a concise yet informative dive into the current state of the insurance landscape from an Insurtech CEO’s perspective.

Episode Notes

• Richard McCathron, CIC, CPCU – President & CEO of Hippo, has served as a member of the Board of Directors since February 2017. Prior to Hippo, Mr. McCathron held senior executive positions at various insurance companies including First Connect Insurance as its President & CEO from October 2012 to February 2017, Superior Access Insurance as its President & CEO from June 2007 to October 2010 and Mercury Insurance Group as its Regional Vice President from April 2004 to June 2007. Mr. McCathron is both a Chartered Property & Casualty Underwriter and a Certified Insurance Counselor and sits on the board of directors of Spinnaker Insurance Company, First Connect Insurance, The National Alliance of Insurance Education and Research, and Players Health. He is an advisor to several insurtech companies and holds a BS in finance from Oregon State University.