Insurance Captives & Innovation in Healthcare with David Voorhees, CEO of True Captive Insurance.
Insurance captives have been covered quite a bit on my podcast because:
1) They are perceived to be more complex (they're really not)
2) They are an interesting vehicle for smaller employers to successfully transition into being self-funded
David Voorhees sat down with me after the True Captive St Louis Summit, to discuss the motivations for the creation of True Captive Insurance, why they decided to take risk on every group that joins their captive, and how they are partnering with other innovative solution providers to create best-in-breed options for small to mid-sized employers.
David also talks about how fear often drives the avoidance of innovation, especially for insurance brokers who at times have the misconception that they are obligated to be experts in everything.
He argues that NOT knowing something is good, as it should stimulate curiosity and a continual quest for knowledge, and I tend to agree.
David is one of the most consistently eloquent speakers I have had the joy to sit down with, and it is an honor to be affiliated with him through these conferences, and the sponsorship of my podcast.
Enjoy!
