The president and CEO of one of nation's only minority-owned carriers that delivers data-focused insurance solutions to marginalized communities.
Mammoth Life & Reinsurance was originally established in 1915 by formerly enslaved individuals who pooled resources to self-insure after being rejected by mainstream insurance markets.
On this edition of In Black America, producer and host John L. Hanson Jr. speaks with Bryan Simms, founder and president of Mammoth Life is the nation’s only minority-owned distribution and reinsurance carrier focused on delivering data advantaged digital life products to underserved communities. In 1964, the federal government banned discriminatory race-based insurance premiums. While federal law explicitly prevents insurers from applying discriminatory premiums based on race, the insurance application and underwriting process still contain discriminatory practices that can result in higher premiums for African Americans.John L. Hanson is the producer and host of the nationally syndicated radio series In Black America. It’s heard on home station KUT at 10 p.m. Tuesdays and 6:30 a.m.
In Black America John L. Hanson Jr. Mammoth Life Mammoth Life & Reinsurance NMSDC
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