Insurance, AI, and the Search for Quality With Piper Sandler's Paul Newsome

Piper Sandler is overweighting life insurers over P&C carriers and brokers as regulatory limits keep AI disruption to insurance distribution further off than markets fear.

• Sector rotation call: Piper Sandler's Paul Newsome is shifting overweight ratings toward life insurers and away from property-casualty carriers as rates stay higher and inflation remains sticky.
• Brokers worst performers: Insurance brokers have been the weakest group this year, hurt by AI-driven distribution fears and a soft commercial pricing cycle, even though none of those AI effects have materialized yet.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.