It’s Like An Enron, But For Insurance

Congratulations!

From your recent letter to the editor, I understand that you question the science proving human-caused climate change.

I have an incredible opportunity that could make you more wealthy than Bill Gates.

I meet far too many otherwise intelligent people who refuse to believe in human-caused climate change either because their politics or their religious beliefs lead them to deny it. If this is you, then you are missing out on billions of dollars.

Let me explain.

There is not even a single insurance company in the world which accepts the premise that climate change is fake. Every insurance company is raising rates or even completely pulling out of insurance markets like Florida and the United Kingdom which are known to have high climate risk.

There is a HUGE potential for a disruptive, start-up insurance company to enter those markets and undercut all of their competitors. If you are right about climate change, then you can be richer than anyone else on Earth.

Why are you still working at your menial job?

Are you brighter than the Oracle of Omaha? You are if climate change turns out to be a hoax.

The most successful investors on Earth like Warren Buffett and Prem Watsa became rich by running large insurance companies and investing their corporate treasuries on Wall Street. All of these leading Wall Street wizards made their business decisions based upon the belief that climate change is real and is caused by human activities.

If you are right about your belief that climate change is a massive hoax, then everyone else in the insurance industry is wrong. You know more than the six million Americans working in the insurance industry.

You are truly one in a million.

Your privileged information allows you to undercut your competitors on price and win markets they concede. If you are right, you could beat them all.

You could sell insurance at lower rates along the coastlines of every continent. In this way, you would win all of those insurance markets.

You could beat every insurance industry expert at their game if you’re right.

Of course, I should add an important disclaimer.

If you turn out to be wrong, you will likely be jailed like Ex-Enron CEO Jeffrey Skilling.

If you are wrong, chances are almost certain that you will commit fraud to reassure investors and the media that your company was right about its bets. You would tell them that your company will remain solvent. It’s human nature.

If you turn out to be wrong, your company will become so bankrupt from climate disaster claims that even an insurance bailout cannot save it. The claims will keep coming and will increase in size and volume.

If you are wrong, you will likely need to declare personal bankruptcy. Your mortgage will go unpaid as you languish in jail. No one will want to hire you again when you finally emerge from prison.

Are you willing to bet your freedom and your reputation for the potential to become insanely rich from your climate denial?

Or is this fantasy too hot to handle?