Ep 27 | Why RIAs Keep Losing Millions By Ignoring This Blind Spot | feat. Sean KIevelighan

02/09/2025 56 min Temporada 1 Episodio 27
Ep 27 | Why RIAs Keep Losing Millions By Ignoring This Blind Spot | feat. Sean KIevelighan

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Episode Synopsis

Why RIAs Can’t Ignore Insurance Costs (ft. Sean Kevelighan, CEO of the Insurance Information Institute)If your clients don’t have enough insurance, they don’t have enough to invest.That’s the wake-up call Sean Kevelighan, CEO of the Insurance Information Institute, shared on this episode of the Advisors Edge Podcast.This isn’t about insurance fine print.It’s about protecting client portfolios, preserving AUM, and building trust that lasts.Inside this episode:✅ Why underinsurance is a hidden fiduciary risk✅ The real drivers behind today’s hard insurance market✅ How legal system abuse is inflating liability costs✅ The industry shift from “repair after” to “predict and prevent”✅ What advisors must understand about AI, cyber, and silent risksAdvisors who ignore these realities are putting their firms and their clients at risk.👇 Connect with Our Guest:Sean Kevelighan, CEO of the Insurance Information InstituteWebsite: https://www.iii.org/LinkedIn: https://www.linkedin.com/in/sean-kevelighan-032a568/👇 Follow Us:📲 Advisors Edge Podcast:  https://www.linkedin.com/company/the-advisors-edge-podcast/🔗 Connect with the Hosts:Rob Jacomen, Founder, Alchemy Content Lab and Niche Insurance Agency OSLinkedIn:  https://www.linkedin.com/in/rob-jacomen/Chad Ramberg, President, Box Professional Insurancehttps://www.linkedin.com/in/chad-ramberg-71278533/-------------------------------------------🛡️ Special thanks to Box Professional Insurance for sponsoring our show—because great leaders have a backup plan they can depend on.Box Professional specializes in helping RIAs protect their businesses with tailored coverage, so you can focus on growth while they handle the risk.🔗 Learn more at: https://www.boxproinsurance.comBox Professional Insurance — Build boldly.  We’ll protect what matters.📞 Book a RIAview™ Risk Strategy Call:  https://calendly.com/d/z3t-b6h-xt5-------------------------------------------📌 Timestamps:00:00 Intro & why insurance matters for advisors11:15 Why underinsurance shrinks portfolios13:20 The hard market: inflation, replacement costs, premiums17:00 Legal system abuse and nuclear verdicts31:30 Predict & prevent vs. repair & replace44:00 Silent AI risks and the next insurance frontier51:00 Sean’s legacy: reimagining insurance perception🎧 Full episode available on YouTube, Spotify, and Apple Podcasts.

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