Insurance: How It Started Audiobook By Raymond McMillan cover art

Insurance: How It Started

Preview

Try for $0.00
Prime logo Prime members: New to Audible?
Get 2 free audiobooks during trial.
Pick 1 audiobook a month from our unmatched collection.
Listen all you want to thousands of included audiobooks, Originals, and podcasts.
Access exclusive sales and deals.
Premium Plus auto-renews for $14.95/mo after 30 days. Cancel anytime.

Insurance: How It Started

By: Raymond McMillan
Narrated by: Raymond McMillan
Try for $0.00

$14.95/month after 30 days. Cancel anytime.

Buy for $7.69

Buy for $7.69

Confirm purchase
Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.
Cancel

About this listen

The idea of writing this book was to capture the humble origin of insurance from a casual chat in a coffee house (not in a court or parliament), then the various case laws that cemented the fundamental principles - for example, Life Assurance Act 1774 cemented the principle of insurable interest as necessary in every contract of insurance.

We continue to observe its evolution through the years to today’s position where insurance is a regulated industry and recent acts in 2012 and 2015 now shift the responsibility to request material facts concerning risks to the insurers and away from the requirement under the Marine Insurance Act 1906, which was the standing position for more than 100 years until the 2012 and 2015 acts.

Finally, we cannot ignore the advent of the information technology age where policies are sold and bound in minutes over the internet or via call centers as well as claims payments being concluded over a telephone and monies being transferred directly into clients bank accounts without any face-to-face meeting with the insurer. We also cannot ignore the new distribution channels where supermarkets and banks now sell insurance. Can you imagine the industry in say five years’ time?

©2021 Raymond McMillan (P)2021 PublishDrive
Insurance
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Insurance: How It Started

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.