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Ratings: ★★★★☆ (4/5)
Genre: Business, Finance, Insurance, Economics, Nonfiction, Reference
Book Review:
Carl Flesch's ''Inside Insurance'' is the guide the public—and many industry professionals—have long needed. In a field notorious for its complexity and opacity, Flesch uses his fifty years of experience as a broker and Lloyds member to throw open the shutters and explain, in remarkably clear terms, how the insurance machine really works.
This isn't a dry textbook; it's a narrative exploration of the industry's heart. Flesch tackles the big questions: How does the money flow? What are you actually paying for? What happened during the Lloyds crises? How do brokers, underwriters, and direct insurers differ? He writes with the confidence of an insider who has seen it all, offering lessons learned from a lifetime on the front lines. The book is perfectly pitched to serve a dual audience: it provides invaluable context for thousands of insurance employees while acting as a powerful consumer empowerment tool for anyone who has ever been baffled by a policy document or a premium notice.
Praised by senior figures in the industry for being both ''readable and instructive,'' ''Inside Insurance'' lives up to its title. It transforms a mysterious subject into one that is comprehensible and engaging. Whether you're a student, a policyholder, a new recruit, or a seasoned professional looking for a holistic view, this book provides the fascinating insight required to navigate the breathless pace of change in this essential industry. A highly recommended primer on a topic that affects us all.