Blair Baldwin is the cofounder and CEO of Boundless Rider, an insurance startup focused on motorcycles, e-bikes and powersports vehicles. It seems like everyone is talking about embedded insurance these days, and for good reason—there’s a lot of buzz around the market potential and business opportunities. In fact, a recent report by Conning predicted that…
With concerns about banks constantly in the news—most recently, the Federal Deposit Insurance Corporation (FDIC) confirmed that First Republic BankFRC 0.0% had been seized by regulators—some in the U.S. are eying alternatives to keeping their savings in banks. For some, the answer is obvious: rely on cash in hand. I get it. After my great-grandmother’s…
I’ve got a problem with much of today’s bank marketing. Instead of building loyalty and differentiating the brand, too many initiatives are geared to acquiring new accounts at any cost. It’s Not Easy Being a Bank Today, banks face serious headwinds. We’ve seen multiple bank failures in recent weeks. There’s a lingering perception that banks…
Various things can go wrong and put a small business in financially rocky waters, or worse, shut its doors. These risks are not always apparent on the surface. But small business owners should dig deep to evaluate their unique business risks and get the necessary insurance coverage to maximize their chances of coming out on…
If you’re evaluating your financial picture for the rest of 2023, make sure to consider life insurance. The purpose of life insurance is to have the peace of mind of knowing your loved ones will be taken care of financially if you pass away. Life insurance buyers have many choices depending on their financial goals…
After a series of unfortunate events, this week began with the loss of another highly regarded financial institution. Given these developments, depositors are needing assurance, and banks are looking at ways to move forward and help restore confidence in the banking system. The Federal Deposit Insurance Corporation also released a report Monday in response to…