Bill Cashel, co-founder and head of business development for Privacore Capital, shares his career journey and Stewart Foley, founder of Insurance AUM, discusses his career in insurance asset management and the growth of his platform. He shares the importance of self-reflection and his experiences of taking time off to go on motorcycle rides for well-being. Foley also highlights the opportunities in the insurance industry and the impact of technology on insurance and asset management.
Takeaways
- The insurance industry offers diverse career opportunities and is often overlooked by young professionals.
- Insurance companies are sophisticated investors and play a significant role in the asset management industry.
- Technology, such as insurtech and AI, is transforming the insurance industry and creating new opportunities.
- Foley emphasizes the importance of taking time off and engaging in self-reflection to make informed career decisions.
- He is a strong advocate for mental health and supports initiatives to raise awareness and prevent suicide.
Chapters
- 00:00 Introduction and Relocation to Austin
- 03:03 Early Years and Career in Finance
- 07:59 Key West to Halifax Ride and Taking Time Off
- 14:07 Teaching and Mentoring in Finance
- 22:03 The Importance of the General Account in Insurance
- 25:00 Trends in Insurance Asset Management
- 32:10 Insurtech and Technology in Insurance
- 37:01 Outlook on Financial Services and Insurance
- 39:57 Insurance AUM Podcast and Mental Health Advocacy
- 44:57 Lightning Round
If you or someone you know is struggling with mental health, help is available. The 988 National Mental Health Crisis Hotline offers confidential support 24 hours a day, 7 days a week. Don’t hesitate to reach out and get the support you need.