” Boeing doesn’t make corporate jets.”
They actually do: The Boeing Business Jet. (BBJ)
I know that. And it’s a sort of. What they do is sell a striped aircraft and the rest is done by outside contractors that do custom remodel work.
What I was getting at is no company can do everything. So in insurance companies you are not going to have one do everything well. The key is to have many competitive companies so that consumers can enjoy price competition and innovation amongst insurance sellers.
This would all, eventually, go away with Gooberment intervention. You wouldn have a few, or one dominate, politically hooked up player. Think GM for insurance.