Author page: Patrick Kelahan

Rethinking excluded pandemic (and other) risks

It’s times like these with a global pandemic when we are reminded- insurance as a concept is simply not that complicated.  We make it so, with regulation, complex policy language, limited access to the products, seemingly endless variety of lines, mystique about its function, a vernacular that challenges even the legal world, etc. Why this matters is that most cultures/countries/economies are ill-suited…

Want Property Insurance to Really Change? The Straight Indemnity Policy Needs to Go

The Insurance Elephant has a day job- as building consultant working with insurance carriers, sorting out vendor estimates, appraisals, unique damage cases, consulting on damage repairs, in the end addressing or confirming estimates of claim damages.  It’s great work, and the Beast figures he is contributing to customer and carrier resolutions. The realization is that property insurance (at least within the U.S.)…