Darren Dooskin @dmd2010

Insurance wholesaler at RPS. New Jersey, USA Joined February 2009

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Max Revenue @themaxrevenue

6 months ago

ProducerLand woke up Monday to the sky falling. - WTW down 12% - Gallagher fell 10% - Aon down just over 9% - Marsh McLennan fell 7% - Brown & Brown slid 7% Why? A personal auto comparison app. Yeah. You read that right. WOMP WOMP. Here's the skinny: Insurify launched an app that uses ChatGPT to compare personal auto rates based on vehicle details, credit history, and driving records. It's basically Progressive's comparison tool with a chatbot interface. Launched February 3rd. That's the "existential threat." So, why did the market freak out? Our take: 1. The market is already spooked about AI disruption 2. The market conflating personal and commercial If you're reading this we don't have to tell you, the big brokers like Willis, Gallagher, and Aon make their moolah on complex commercial accounts. Not helping suburban families compare State Farm vs. Allstate rates. What this means for you in ProducerLand: Absolutely nothing. Your $15M food manufacturer with 300 employees, fleet exposures, environmental risks, and multi-state operations isn't getting "ChatGPT'd" away. Your client's CFO isn't going to dump your risk management expertise because they can ask an AI bot to compare GL rates. Your value isn't in rate comparison anyways, it's in: - Understanding complex operational exposures - Structuring creative risk transfer solutions - Negotiating carrier relationships during hard markets - Providing loss control that actually reduces claims - Being the person they call at 6am when SHTF on a job site Long story short: Wall Street went full Chicken Little because they don't understand the difference between personal and commercial. You're safe. For now. ... sources: Bloomberg, Yahoo Finance, Insurance Journal

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Intelligent Insurer @intelligentins

6 months ago

Market and industry panic following the launch of AI-chatbot insurance quoting and broking services looks “bizarre”, according to WR Berkley CEO Rob Berkley, who pushed back on the sharp sell-off across brokerage stocks. “It was like these people just discovered fire,” he told investors, suggesting the move does not fundamentally alter the economics of a long-automated, commoditised segment of the market. Read the full story: ow.ly/Lfvp50YcSAs

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PIA Northeast @PIA_Northeast

9 months ago

Your clients want low insurance prices, but that doesn’t mean they’ll get the coverage they need. Talk to your clients about what a standard auto policy doesn’t cover, and why they may need additional coverage: loom.ly/pGrDUIs #AutoInsurance #InsurancePros

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Risk Placement Services @rpsins

9 months ago

Rising premiums, evolving risks, and stricter requirements are reshaping the homeowners insurance market. Are you prepared to guide your clients through it. okt.to/FKyl9j

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Israel ישראל @Israel

2 years ago

Reminder: There are currently 120 Israeli men, women and children being held hostage in Gaza.

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Caroline Glick @CarolineGlick

2 years ago

Seinfeld has risen to the occasion. What a mensch.

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Darren Dooskin @dmd2010

5 years ago

Contractor Protections... and Insurance Episode 15 - Darren Dooskin of R... youtu.be/HamcI66KfsY via @YouTube

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Benjamin Wallace @benjwallace

6 years ago

Nothing to do with politics: My story on an epic ten-year search for treasure in the Rockies, out this week in New York magazine: nymag.com/intelligencer/…

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Leo Raisner @OliviaRaisner

6 years ago

so this was absolutely insane

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Darren Dooskin @dmd2010

6 years ago

P/C Insurers Put a Price Tag on Uncovered Coronavirus Business Interruption Losses insurancejournal.com/news/national/…

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USO @The_USO

7 years ago

Before you sit down for Thanksgiving dinner, we’re counting on you to make sure our brave service members don't feel forgotten. We’ve collected over 94% of the signatures we need on our thank you card before midnight, but we’re still missing YOUR name. Will you sign the card now?