Insurance for Everyone - The Democratization of Risk Protection

In this episode of Saturday Morning Muse, Andy explores the evolution of insurance and its democratization in the late 19th century. He discusses how industrial life insurance, expanded property coverage, and the rise of automobile insurance transformed the industry into a mass market service accessible to ordinary families.

Andy highlights the significant innovations that made insurance affordable and essential, as well as the role of insurance companies as major institutional investors in the early 20th century.