Pete Tessier

99.3K posts

Pete Tessier banner
Pete Tessier

Pete Tessier

@Teddier

A guy who wrote about hockey but still tweets about it. More insurance talk now and some music: Grateful Dead & Phish.

Katılım Mayıs 2009
781 Takip Edilen2.1K Takipçiler
Pete Tessier
Pete Tessier@Teddier·
@hedgequote @TyRobben So much of it is ‘We built a solution for a problem you didn’t know you had, now we have to scale it x1000 to pay for it!’ Followed by ‘oh wait, you mean no one does anything the same way even though you all use the same core systems? Whut???’
English
2
0
3
22
Pat West
Pat West@hedgequote·
I think the underlying goal with a lot of skeptics is making sure wave 1 insurtech concepts don't become wave 3. It's not going well. BUT Insurtech has a bad memory and an even worse habit of trying to build the same thing every 5-7 years. If nothing else I consider it protecting the limited capital available for innovation. Again, I'm not doing well but I'm showing up everyday.
English
1
0
2
31
Ty Robben
Ty Robben@TyRobben·
So you’re telling me a lot of insurtwitter is insurtech skeptics who were once insurtech founders? Tracks
English
4
0
10
248
Pat West
Pat West@hedgequote·
@Teddier I think it's going to need an anon and they'll still need to have nothing to lose 😂 (just look at the trouble I cuase with my PG-13 posts)
English
1
0
2
32
Pete Tessier
Pete Tessier@Teddier·
@hedgequote And yet we have national orgs trying to make more standardization of processes and tech for all levels. 15 years ago a friend who had a smaller AMS company in Canada talked about going open source. Imagine that now!
English
1
0
2
20
Pat West
Pat West@hedgequote·
@Teddier Think about this perfect storm 1. ZIRP allows programmers to leave large metros for smaller towns across US. 2. InsuRtech gets expensive or at least doesn't get cheaper. 3. Massive layoffs & FAANG type companies 4. AI prediction= Main St agents w/ enterprise level CTO/platform
English
1
0
1
44
Pat West
Pat West@hedgequote·
Insurtech for independent insurance agents is basically a race to standardize a sector of the industry whose dominating value proposition is their customizations.
Pat West tweet media
English
2
0
9
322
Lord Humungus 🇨🇦 of Vancouver
Lord Humungus 🇨🇦 of Vancouver@RodneyGibson604·
That view is ridiculous #Vancouver
Mayor Ken Sim@KenSimCity

Today, I was excited to join @AnneKangBurnaby and announce free live match viewings at the new PNE Amphitheatre as a part of the FIFA Fan Festival Vancouver! There will be 2600 free tickets for each match available on a first-come, first-served basis. This is about more than just soccer, it’s about our city’s incredible energy and providing a fun, safe, and accessible FIFA World Cup experience for all! dailyhive.com/vancouver/vanc…

English
1
0
0
300
Pete Tessier
Pete Tessier@Teddier·
Hellebyuck gets the program
English
0
0
0
94
Pete Tessier
Pete Tessier@Teddier·
Saros is doing the Jets a favour and the Jets can’t even see it
English
0
0
2
207
Pat West
Pat West@hedgequote·
Generic Insurtech is coming to save users and punish vendors. 6-8 months from now almost every core technology at an insurance agency will be available as a "private/ generic brand" at 30% (or less) of existing cost. General rule - unless Applied owns it, you're overpaying.
Pat West tweet media
English
3
0
5
507
HLTCO
HLTCO@HLTCO·
A question for my followers… If you could only recommend one football book for people to read, what would it be?
English
820
12
222
362.5K
Thomas Watson
Thomas Watson@ThomasWatsonCD·
@DavidJPba If you want to argue taxes are too high at least use the correct numbers. You are 2x higher than reality mate.
Thomas Watson tweet media
English
3
0
23
308
David Parker
David Parker@DavidJPba·
Imagine being the average Canadian, your Household Income is $72,200. You are taxed $31,000 to $33,000 on that. That leaves you with less than $50,000 to pay for everything. Your rent is $2,400 a month. Leaving you with less than $2,000 a month to live. Canadians are poor.
English
237
328
2.8K
196.5K
Thomas Watson
Thomas Watson@ThomasWatsonCD·
@Teddier @BrokerSteve412 *Snort* let’s be honest. We have “ideas of a plan” when it comes to MAGA regs. The consumer is damn lucky that MGAs have been voluntarily subjecting themselves to regulators for the last two decades.
English
1
0
1
23
Steve P. | Franchise Insurance
Steve P. | Franchise Insurance@BrokerSteve412·
Question for my insurance X people: How often do retail agents get appointed as an MGA? Is this common in certain verticals? What challenges/risks do you take on as the MGA? Contribute to reinsurance, filings, licenses, addl costs, etc?
English
8
0
11
1.9K
Pete Tessier
Pete Tessier@Teddier·
@ThomasWatsonCD @BrokerSteve412 However there are many retail brokers in canada with the pen with DUAs for program specific products with full underwriting authority. Let’s just say ‘it’s complicated’
English
1
0
2
13
Thomas Watson
Thomas Watson@ThomasWatsonCD·
@BrokerSteve412 I can speak from the Canadian perspective. It doesn’t happen. You do see retail brokerages or groups of brokerages form a “captive” MGA but it’s always a legally and operationally separate company that does MGA work while the retail shop focuses on the distribution side.
English
1
0
1
39
Thomas Watson
Thomas Watson@ThomasWatsonCD·
After a long day of regulator meetings I deserve a treat while I wait for my, delayed, @porterairlines flight from Toronto-Pearson to Ottawa. My masterful plan of getting home an hour earlier by not using @BBishopAirport has failed spectacularly. That will teach me!
Thomas Watson tweet media
English
3
1
9
357
Pete Tessier
Pete Tessier@Teddier·
@hedgequote Just so much PE money into agents and brokers that then becomes ‘sell more with these great new tools we are buying to help you be more efficient.
English
1
0
1
10
Pat West
Pat West@hedgequote·
@Teddier We need to talk about this. Hedge Quote is very much a cross sell advocate but my veterinarian pitching me pet insurance is not it.
English
1
0
3
122
Mark C
Mark C@txsinatrafan·
@Teddier Is that right?? I just assumed it was LSD
English
1
0
0
22

Keşfet

@hedgequote @TyRobben @DougSaunders @RodneyGibson604 @HLTCO @ThomasWatsonCD @DavidJPba @elonmusk