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  #51  
Old 09-21-2016, 11:41 AM
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The lesson here is that it is easy to get lots of money to fund ideas people don't understand.
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  #52  
Old 09-21-2016, 01:37 PM
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https://lemonade.com/faq#service

Couldn't get AM Best to give them the A?

"
Yes. We've earned a Financial Stability Rating® of A-Exceptional, from Demotech Inc. and are reinsured by some of the industry’s largest brands.
"
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  #53  
Old 09-21-2016, 01:45 PM
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isn't demotech run by actuaries?

ETA:

Quote:
Project Leader Profiles

Demotech, Inc.'s project leaders offer over 125 years of combined insurance experience. Our complementary backgrounds provide unparalleled insight into addressing the needs of our clients.

Joseph L. Petrelli, ACAS, ASA, MAAA, FCA – President

Sharon M. Romano, CPCU, AIAF, ARC, CCP – Vice President

Barry J. Koestler II, CFA – Chief Ratings Officer

Robert M. Warren, CPA, CPCU – Client Services Manager

Douglas A. Powell – Senior Financial Analyst

Steven J. Groeschen, FCAS, MAAA – Chief Consulting Actuary and Risk Analyst
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  #54  
Old 09-21-2016, 04:04 PM
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Quote:
Originally Posted by NAMAK View Post
https://lemonade.com/faq#service

Couldn't get AM Best to give them the A?

"
Yes. We've earned a Financial Stability Rating® of A-Exceptional, from Demotech Inc. and are reinsured by some of the industry’s largest brands.
"
AM Best won't rate start ups.
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  #55  
Old 09-22-2016, 09:38 PM
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Probably not related at all, but...
https://www.youtube.com/watch?v=EnR9ah0v1o4
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  #56  
Old 09-23-2016, 09:45 AM
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https://techcrunch.com/2016/09/21/le...-do-insurance/
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  #57  
Old 09-23-2016, 10:30 AM
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Quote:
Originally Posted by PR_Actuary View Post
Ninja'd by NAMAK by a mere 2 days and 45 minutes.
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  #58  
Old 09-23-2016, 12:11 PM
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Quote:
Originally Posted by llcooljabe View Post
isn't demotech run by actuaries?

ETA:
The President is only an Associate Actuary? wtf
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  #59  
Old 09-23-2016, 03:21 PM
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The President is only an Associate Actuary? wtf
so?
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  #60  
Old 09-23-2016, 03:22 PM
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ACAS AND ASA? did he go CAS then take the free ASA?
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ASM does not have a discussion of stimulation, but considering how boring the manual is, maybe it would be a good idea.
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