"Spreading the Risks" tells the story of how the American insurance industry evolved from colonial times through periods of war and economic transformation into the twenty-first century where it now faces open-ended liabilities from terrorism, asbestosis and environmental pollution. John A. Bogardus Jr., former chairman and CEO of Alexander & Alexander, uses his decades of business experience to explore the role of major twentieth-century American brokers. He provides an informed overview of American commercial insurance and offers memorable stories about the world's leading brokerages whose triumphs and failures reflect an ever-changing business.
Book Description
Editorial Reviews
From the Publisher
John A. Bogardus Jr., former chairman and CEO of the premier brokerage Alexander & Alexander, (with Robert H. Moore) uses his decades of experience--plus thirteen years of research--to explore and explain the history of insurance up to the present, post-9/11 period.
About the Author
John A. Bogardus Jr. joined Alexander & Alexander in 1950 as a trainee. Rising through the ranks, in time he held the positions of president, CEO and chairman, and he served on the board from 1963 to 1995. Active in several national insurance organizations, he was also on the boards of Donaldson, Lufkin & Jenrette, Inc; Security Capital Corporation; and United States Surgical Corporation.
Robert Moore, Ph.D., worked for Alexander & Alexander from 1977 to 1995 in various executive capacities, including president of Government and Industry Affairs, Inc. in Washington, DC. He also served as the Emerging Issues Coordinator for the Conference Board in New York.
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Most Helpful Customer Reviews
10 of 10 people found the following review helpful:
5.0 out of 5 stars
Interesting with Broad Appeal,
By A Customer
This review is from: Spreading the Risks: Insuring the American Experience (Hardcover)
Having worked in insurance for years, I expected this book would be of interest to people like me. I was surprised, however, to find it has a much broader appeal. It was fascinating to read how commercial insurance developed in conjunction with and support of our country's development. Many will be surprised to learn of its significant role in protecting our society and promoting our economy.The personal stories about the people who developed the business are especially enjoyable--some of the most interesting are I recommend this book to insurance and business professionals and to general readers with interest in American history.
7 of 7 people found the following review helpful:
5.0 out of 5 stars
A remarkable book,
By A Customer
This review is from: Spreading the Risks: Insuring the American Experience (Hardcover)
Spreading the Risks does an outstanding job of telling the amazing story of the insurance industry. Who knew that insurance could be so interesting?John Bogardus and Robert Moore have clearly spent considerable time researching this material and their "real life" experience in the field shines through beautifully. This book is incredibly valuable to people in the insurance field. However, it is written in a way that also appeals to the person who is simply curious about business, history, and life in general. The book does a great job of demonstrating how the insurance business (in the past, and now ) affects all of us.
5 of 5 people found the following review helpful:
5.0 out of 5 stars
A Must-read Book,
By A Customer
This review is from: Spreading the Risks: Insuring the American Experience (Hardcover)
Spreading the Risks: Insuring the American Experience is a fascinating account of the key events shaping the development of property and casualty insurance as an indigenous American business -- from colonial times to the present day. It is based on 13 years of research by an industry insider who had unique access to insurance leaders and records. It also is the most complete account I've found of how the insurance agency and brokerage system evolved through disasters and economic transformations into the 21st century.It has an extensive bibliography and a comprehensive index that make it especially useful as a source of information.
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