I’m not sure about Playdate, but for a larger company, it’ll be beneficial to stop paying fpr the insurance after a while — the insurance companies bank on the difference between risk tolerance for individuals and in groups. Your liquidity might not be able to survive an event that is fairly insignificant in the context of a larger group (say your house burning down — devastating for you, but zooming out to a city-level it happens occasionally).
Larger companies can develop a higher risk tolerance in-house and eliminate the middle hand, and that’ll let them siphon the excess to their shareholders rather than the insurance company.
Larger companies can develop a higher risk tolerance in-house and eliminate the middle hand, and that’ll let them siphon the excess to their shareholders rather than the insurance company.