TIP804: Kinsale Capital Stock Deep Dive w/ Clay Finck & Daniel Mahncke
We Study Billionaires - The Investor’s Podcast Network
Ad break
Hosts deliver integrated sponsor messages for Oslo Freedom Forum, Plus500, and NetSuite by Oracle.
On today's episode, Clay is joined by Daniel Mahncke to break down Kinsale Capital. Kinsale is a specialty insurer that has quietly become one of the most exceptional businesses in the financial sector by dominating the Excess & Surplus insurance market.
Clay and Daniel break down the DNA of this wonderful business, and if the recent drawdown in the stock is a compelling opportunity for value investors.
IN THIS EPISODE YOU’LL LEARN: 00:00:00 - Intro 00:03:32 - An overview of the insurance industry and how Kinsale fits into the bigger picture 00:17:32 - The durable competitive advantages that Kinsale has built 00:20:19 - The advantages of keeping underwriting in-house in the Excess & Surplus market 00:35:04 - What is driving Kinsale’s incredibly low combined ratio 00:39:29 - Why it’s focus on the E&S market and smaller accounts is a moat in itself 01:07:25 - Kinsale’s valuation and primary risks to monitor for investors
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Learn how to join us in Omaha for the Berkshire meeting here.
- Check out The Intrinsic Value Podcast.
- Check out The Intrinsic Value Newsletter.
- Check out The Intrinsic Value Community.
- Related Episode: TIP780: Top Stocks for 2026 w/ Shawn O'Malley, Daniel Mahncke, & Clay Finck.
- Follow Clay on LinkedIn & X.
- Follow Shawn on LinkedIn & X.
- Follow Daniel on LinkedIn & X.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out our We Study Billionaires Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
The AI-powered Podcast Player
