Delve into the reasons behind skyrocketing home insurance premiums in California and Florida, with insights on market dynamics, regulatory challenges, and the impact of climate change. Explore the role of state insurance regulators, economic implications of agent commissions, and the evolving insurance landscape. Unravel the enigma of rising insurance premiums and the complexities of insurance pricing models, reinsurance volatility, and strategic pricing based on climate science to mitigate risks effectively in the industry.

SaaS founder Jason Lemkin and QED Partner Amias Gerety discuss the appeal of SaaS to investors, the rise of SaaS as a valued business model, the cyclical nature of FinTech and its risks, challenges of running a lending business, and the importance of proper controls in startups.

This discussion features Amias Gerety, a partner at QED Investors and former Obama administration official, diving into whether financial advice is best served by humans or AI. They tackle the high cost of human advisors and the industry's sales-driven model. Amias shares insights on the evolution of robo-advisors and large language models, suggesting that while AI isn't ready to fully replace seasoned advisors yet, it holds promise for delivering unbiased financial guidance. The conversation also uncovers the need for regulatory frameworks to maximize AI's impact in finance.