Insurance-Linked Securities are the next frontier of the insurance industry, and Ethan Nadorlik is at the forefront of this rapidly developing financial innovation. Ethan has worked exclusively on insurance programs during his career and is a seasoned property and casualty insurance underwriter, leader, and strategist. On today’s podcast, Ethan and Chris Hampshire sit down for a look at Ethan’s career path in insurance, particularly in the Insurance-Linked Securities (ILS) space — what’s new, what’s changing, and what we can expect from this advancing technology in the future of the insurance space.

 

Key Takeaways

• Ethan’s education and the career path that led him into insurance.
• How do insurance-linked securities work?
• The key differences between casualty- and insurance-linked securities.
• The evolution of these contracts starts with a risk originator.
• Highlights of the ILS approach to the insurance marketplace.
• What attracted Ethan to this new insurance space?
• The benefits of working with a start-up that is building value in the industry.
• The questions Ethan asks himself when deciding his next career move.
• The impact and value of the CPCU designation in Ethan’s career.
• Ethan’s motivation behind moving into the CPCU presidency for the Philadelphia chapter.
• Advice for attracting talent to the insurance industry.
• By working in insurance, you have the ability to change someone’s life.
• A five-year look to the future of ILS and the insurance industry at large.
• The impact that Ethan’s early work had on his insurance career.
• What does Ethan wish he had known at the onset of his career?

 

Keep Getting Better

IN2Risk 2022

 

Quotes

• “My education was great batting practice for what I’m doing in my career today.”
• “This is a new frontier, a chance to build something new and a chance to change our industry.”
• “ILS is going to be the way of the future.”
• “The real value of CPCU is the network you develop when you get involved in the society.”
• “If you can get involved with a non-profit board it can show that you might be ready for a management opportunity.”
• “Insurance is a vital part of our economy and of people’s lives. You can make a difference in someone’s life by working in insurance.”
• “There are going to be tons of employment opportunities in insurance for the foreseeable future.”
• “We’ve passed the proof-of-concept stage and now we’re working toward scale, and I think it’s really going to take off.”