We Study Billionaires - The Investor’s Podcast Network BTC237: Bitcoin & the Insurance Industry w/ Garrett Johnston (Bitcoin Podcast)
47 snips
Jun 4, 2025 
Garrett Johnston, a 25-year insurance industry veteran at Marsh, explores the transformative potential of Bitcoin in insurance. He argues that Bitcoin, rather than crypto, should be the focal point for innovation in the sector. Key topics include the evolving risk profiles of digital assets and why Bitcoin enhances returns in institutional portfolios. Johnston highlights regulatory hurdles and the need for state-by-state education. He also discusses current gaps in coverage for Bitcoin-native businesses and the emerging role of AI in risk management.
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Garrett's Insurance to Bitcoin Journey
- Garrett Johnston shares his 25-year insurance career and how COVID sparked his Bitcoin conviction.
- He now bridges traditional insurance with Bitcoin innovation to solve risk management challenges.
Insurance Float Faces Inflation Risks
- Insurance float invested in bonds faces rising interest rate risks and inflation.
- Insurance companies need higher yields to preserve capital against social inflation and claim cost increases.
Bitcoin Improves Insurance Portfolios
- Insurance portfolios mostly in cash and treasuries lose purchasing power to inflation.
- Adding a small Bitcoin allocation improves risk-adjusted returns and portfolio performance.