March 8, 2022 – “Only when the tide goes out do you discover who’s been swimming naked,” is a quote attributed to Berkshire Hathaway CEO Warren Buffet that specialty lines insurance broker Lisa Doherty likes to summon when discussing what happens after a big storm or other major claims event. (Source – Insurance Journal 01/21/2021)
Don’t be caught swimming naked, make sure your Insurance Agent clients have adequate limits to address the potential of a large claim.