Jeff Kleid, Founder of VCL Risk, dives into the critical role of collaboration among stakeholders in crafting alternative risk programs. He outlines the challenges business owners face in team alignment, especially with varied management styles. Kleid emphasizes the need for education on captive insurance to improve CPAs' understanding. He discusses how transparency in risk management can foster strategic buy-in and prevention of future challenges. By highlighting client fears, he advocates for effective communication and strong broker-client relationships.

Jeff Kleid, FounderVCL Risk, discusses the impact of increasing rates in the excess liability market on business owners. The podcast explores the evolution of the excess market and the shift from a mathematical-based business to a creative industry. It also highlights the effects of inflation on the insurance industry and emphasizes the importance of managing risk creatively.

Jeff Kleid, Founder of VCL Risk, discusses the challenges brokers face in assessing clients for hybrid risk transfer and self-insured programs. He emphasizes the importance of understanding clients' needs and preferences, and highlights the unique approach of Elite Risk and Victoria Insurance in providing personalized solutions. Evaluating clients thoroughly and questioning their motivations is crucial. The impact of time differences on work and the importance of quick evaluations and finding the right fit are also discussed.