{"id":4842,"date":"2022-10-07T10:20:25","date_gmt":"2022-10-07T09:20:25","guid":{"rendered":""},"modified":"2025-04-22T08:03:55","modified_gmt":"2025-04-22T08:03:55","slug":"new-podcast-with-bill-jewett-from-obsidian-insurance-holdings","status":"publish","type":"post","link":"https:\/\/www.advantagego.com\/en-us\/content\/new-podcast-with-bill-jewett-from-obsidian-insurance-holdings\/","title":{"rendered":"BILL JEWETT, CEO, OBSIDIAN INSURANCE HOLDINGS &#8211; GOOD SHEPHERDS OF REINSURANCE CAPITAL"},"content":{"rendered":"\n<p><iframe loading=\"lazy\" title=\"Ep138 Bill Jewett CEO Obsidian Insurance Holdings: Good shepherds of reinsurance capital\" src=\"https:\/\/www.podbean.com\/player-v2\/?i=dpqh8-12dcf23-pb&amp;from=pb6admin&amp;share=0&amp;download=1&amp;rtl=0&amp;fonts=Tahoma&amp;skin=3267a3&amp;font-color=&amp;logo_link=episode_page&amp;btn-skin=1b1b1b\" width=\"100%\" height=\"150\" scrolling=\"no\" data-name=\"pb-iframe-player\"><\/iframe><\/p>\n\n\n\n<p>This week\u00b4s guest on The Voice of Insurance is Bill Jewett, CEO, Obsidian Insurance Holdings. In this episode, host Mark Geoghegan and Bill chat about the idea behind the company\u00b4s creation, what differentiates Obsidian from its competitors, and in today\u00b4s digital economy, is Obsidian <a href=\"https:\/\/www.advantagego.com\/en-us\/products\/\" target=\"_blank\" rel=\"noreferrer noopener\">technology focused<\/a>. The discussion primarily focuses on the major changes underway in how many MGAs will source their capital in the future.&nbsp;<\/p>\n\n\n\n<p>Kicking off the discussion, Mark asks what propelled Bill to establish Obsidian; Bill replies, \u201cI came up with the idea what I term at the time, next-generation fronting carrier, which we based on an underwriting foundation, searching for business, writing business that we thought was profitable and sustainable and really designed as a purpose programme carrier with full underwriting actuarial service capabilities.\u201d Expanding on this question, Bill discusses creating a business that could analyse and develop a line of sight on the profitability that would be more sustainable if, indeed, it was profitable. Also, Bill mentions that they believed the company would resonate well with the reinsurance community.<\/p>\n\n\n\n<p>Mark asks what was it about that moment around five or six years ago that proved ideal for establishing Obsidian. Was it demand? Bill responds, \u201cIt was really driven by the trends that I saw in the programme space, in the MGA space.\u201d Bill talks about doing things more effectively while providing full-service capabilities in a very efficient way to MGAs.<\/p>\n\n\n\n<p>When asked how Obsidian differentiates itself from competitors, Bill answers, \u201cWe feel very good as far as our foundational kind of capabilities and differentiators still apply as far as our underwriting capabilities and as importantly our operational capabilities, blocking and tackling and our ability to get things done in a timely, efficient and effective manner as well as the same time leveraging in a positive way our relationships in the marketplace.\u201d Talking further about this, Bill acknowledges that the marketplace is dynamic and competitive, with daily changes, new entrants, and consolidation.<\/p>\n\n\n\n<p>As the insurance market increasingly relies on technology, <a href=\"https:\/\/www.advantagego.com\/en-us\/products\/underwriting\/\" target=\"_blank\" rel=\"noreferrer noopener\">underwriting workbenches<\/a>, Artificial Intelligence, and analytics-driven insights, Mark asks Bill if Obsidian is a technology-focused business. Replying to this, Bill says, \u201cA key to success for all insurance companies, and you can go broader than insurance companies, is going to be the efficient and effective application of technology, so in some ways, we are all technology companies and using it effectively and efficiently again without having concerns of legacy systems, legacy technology, in some ways is a gaining point to success in the long term.\u201d Being technology-enabled, technology-driven and technology progressive, is key to the business and has enabled the company \u201cto block and tackle\u201d and make decisions in a more effective way.<\/p>\n\n\n\n<p>Further along in the podcast, Bill speaks about his vision for the future, what type of entrepreneur he is, and why he is building something that has value and is sustainable, \u201cMy goal is to build a great company in this space. In a very robust market, differentiate ourselves and compete to be the best.\u201d<\/p>\n\n\n\n<p>Enjoy the podcast.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week\u00b4s guest on The Voice of Insurance is Bill Jewett, CEO, Obsidian Insurance Holdings. In this episode, host Mark Geoghegan and Bill chat about the idea behind the company\u00b4s creation, what differentiates Obsidian from its competitors, and in today\u00b4s digital economy, is Obsidian technology focused. The discussion primarily focuses on the major changes underway [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[19,26],"tags":[14],"line-of-business":[20],"class_list":["post-4842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcasts","category-latest-insights","tag-underwriting-workbench","line-of-business-property"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/posts\/4842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/comments?post=4842"}],"version-history":[{"count":0,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/posts\/4842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/media\/3734"}],"wp:attachment":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/media?parent=4842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/categories?post=4842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/tags?post=4842"},{"taxonomy":"line-of-business","embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/line-of-business?post=4842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}