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A Fans-First Philosophy and What It Means for Your Risk Strategy
In this episode of The Legacy Lab, we take a creative turn by looking at what one of the most viral exhibition baseball teams in the country, the Savannah Bananas, can teach business leaders about captive insurance strategy.
While the Bananas aren’t an insurance company, their Fans First approach (reimagining baseball to remove friction and prioritize experience) maps directly to key captive principles: taking control of your risk, customizing solutions instead of settling for standard ones, and investing in long-term stability over short-term gains.
Whether you’re exploring captive insurance for the first time or rethinking your risk strategy altogether, this episode breaks down concepts in a way that’s both practical and unexpected.
Key Takeaways
1. Take control of your risk “product”
2. Reduce friction and incentivize prevention
3. Build a safety net that supports strategic risk-taking
4. Customize when conventional rules fall short
5. Think long-term, not short-term
Other Resources
- Meeting Link for Thomas Bacharach
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Blog: What the Savanah Bananas Can Teach Us About Captive Insurance >> Read Here
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