A sailing enthusiast, Taylor Walker attended SUNY Maritime College in New York intending to join the shipping industry. After making connections in the marine insurance sector while in college, though, he became a marine underwriter. Last year, Mr. Walker, who lives on the East Coast, joined Loadsure’s Denver-headquartered U.S. operations, where he has global responsibilities.
What’s a problem that needs fixing in your sector?
An insured is not always sitting on their limit of liability. Insurance companies buy reinsurance based on their maximum limit exposed and their aggregates, and that price trickles down. What we want to understand is, what is your exposure in real time in that location, so you don’t have to sit on that limit all year round. Your price for a static location in Florida in December and January can be significantly cheaper than it is in August and September.
What do you wish more people knew about insurance?
I wish assureds knew that all of us in the industry really do care about them and what’s best for them. I feel like a lot of people paint us as the big bad insurance company … but I’ve never met a claims adjuster that didn’t really care about the person they were paying the claims for.
What’s something about you that would surprise people?
I’m a competitive racing sailor and one of my favorite things is to be able to get out into some of the world championship events and test my skills against the best in the world.
What did you want to be when you grew up?
I wanted to be a whale trainer after seeing “Free Willy.”
Favorite song?
My top song (on Spotify) in the last 60 days has been “Great Balls of Fire,” by Jerry Lee Lewis.