Someone give this man the Nobel Prize

[m102269]

Insurance Industry: "How do we solve the cyber insurance market difficulties? "

Abe G., a 22 year old insurance wholesaler on LinkedIn: "Simple. We stop the cyber attacks from happening. "

The crowd erupts into roaring applause. No one had ever considered the possibility of just stopping the cyber attacks.

He was awarded the Nobel Prize shortly after

 

[MIGA1626]

So I am assuming sarcasm here Mr. ACV LOL? Cyber attack methods and the software/systems of which they are attacked are constantly changing and are very complex. If he can solve this societal problem he would be very very wealthy. This is the problem with any system that deals with markets/economics/finance in general. We can't possibly know all the variables and we can't even know what we don't know. Look up Godel's Incompleteness theorem. You can apply this to any problem with defined sets.

 

[m102269]

So I am assuming sarcasm here Mr. ACV LOL? If he can solve this societal problem he would be very very wealthy.

Sarcasm? No.. of course not. I'm always serious. He deserves a nobel prize for solving this complex issue

 

[MIGA1626]

Sarcasm? No.. of course not. I'm always serious. He deserves a nobel prize for solving this complex issue

LOL!! You're forgetting I'm slightly on the spectrum... sarcasm eludes me occasionally even though I deploy it consistently myself.

 

[Allen Trent]

View attachment 10619

Insurance Industry: "How do we solve the cyber insurance market difficulties? "

Abe G., a 22 year old insurance wholesaler on LinkedIn: "Simple. We stop the cyber attacks from happening. "

The crowd erupts into roaring applause. No one had ever considered the possibility of just stopping the cyber attacks.

He was awarded the Nobel Prize shortly after

Really no need for cyber insurance. We just need to outlaw cyber attacks & outlaw cyber crimes. Laws like that would then have the added benefit of keeping insurance carriers from gouging consumers for the coverage. Likely the insurance carriers paying hackers to do cyber attacks to create demand for their cyber insurance to boost price gouging fat cats pockets

 

[MIGA1626]

Really no need for cyber insurance. We just need to outlaw cyber attacks & outlaw cyber crimes. Laws like that would then have the added benefit of keeping insurance carriers from gouging consumers for the coverage. Likely the inside carriers paying hackers to do cyber attacks to create demand for their cyber insurance

Yes and we can also outlaw mosquitos and the common cold.

 

[shawnmwalker]

Yes and we can also outlaw mosquitos and the common cold.

But I like mosquitos and a cold, once in a while!





Hint: that was sarcasm.

 

[m102269]

@shawnmwalker Good to see you. Maybe you can provide some profound insights about how property insurance will be the most insurable risk in the industry after the great Shawn M. Walker protection dome is placed over the USA?

 

[shawnmwalker]

@shawnmwalker Good to see you. Maybe you can provide some profound insights about how property insurance will be the most insurable risk in the industry after the great Shawn M. Walker protection dome is placed over the USA?

Next year is going to be rough. But I love when people think I am powerful enough to fix it all.

 

[m102269]

Next year is going to be rough. But I love when people think I am powerful enough to fix it all.

Well I believe in the SMW-PD (Shawn M. Walker Protection Dome). You have my full endorsement, as future insurance commissioner of California