Arcane Lord

In Xia Duo's view, insurance is a more stable cornerstone of order than Mingshui New Coin. Insurance can be seen from classical times to modern times.

Not to mention things on earth, the crew annuity of the Severnton Shipwrights Guild is a typical insurance. The crew pays a certain premium every month. Once something happens, their family members can receive two to three times the total premium as compensation.

In addition to crew members, ships and cargo also have similar insurance plans, mostly in the form of guild provident funds. Almost all chambers of commerce involved in the navigation business will participate in them to share risks.

Xia Duo's current advice to Jenna is to establish a more professional, more complete, and wider insurance system to provide services to more people.

…

After a while, Rachel sent a message, saying that representatives from the Vidas Workshop and the Mina family had come over and were waiting next door. Shado saw that Jenna was still thinking, because she didn't know how far the other party was thinking, so she reminded her again. :

"President Jenna, if Mingshui Chamber of Commerce has insurance business, then I will definitely take out an insurance policy for every independent laboratory in the Tower of Time, otherwise an experimental accident may cause a group of people to go bankrupt.

"There are also airships flying in the sky every day. Equipment failure, bird attacks, and even man-made sabotage may cause the airship to crash. If there is an insurance, then maybe there will be more airships flying over Netheril in the future. Some businesses will be more prosperous.”

If we take the traditional water transport route from Severington to Daxia, it will take at least a month to waste on the road.

The reason is that although there is a waterway connecting the two places, the water flow is reversed and the river is winding, making it impossible for ships to travel at full speed on the water.

The time it takes to get from Sevington to Daxia is even longer than going to Askel, which is further away.

But the airship is different. Flying in the sky, as long as it flies high enough, it can fly from Daxia to Seventon in a day or two at most. Even if it is a low-altitude flight, considering the unstable wind direction or bird interference during the journey, it is still possible. It won't take more than five days.

That's at least a six-fold time difference.

The biggest problem affecting the popularity of airships now is the high cost of manufacturing airships (airbags and endless gas bottles). Once it crashes, ordinary mages cannot save it at all.

So although many people are now very optimistic about this mode of transportation, most of them are still on the sidelines considering the high upfront investment costs.

As a partner of the Tower of Time, the Mingshui Chamber of Commerce naturally obtained the airship technology authorization immediately (the Tower of Time and Leisenling share patents), and purchased several finished airships from Leisenling.

But there are not many real use scenarios. General materials can be transported through traditional transportation channels. Valuable items can be transported through teleportation gates or teleportation circles, or even be transported by high-level mage human beings.

This makes airships seem a bit useless, and according to Xia Duo's understanding, an airship owned by Mingshui Chamber of Commerce crashed while flying on the [Conchi Plains-Sevington] line.

But if you have insurance, although the unit price of freight and the cost of the airship may increase a little, in the long run, these costs can be diluted.

However, the convenience brought by airship transportation will change the current business form of Netheril. By then, ground transportation may be completely eliminated, or it may only be transported over short distances.

One of the two insurance application scenarios proposed by Sha Duo is based on the past experience of the Tower of Time. Although Jenna does not run the Mage Tower organization, as a Grand Arcanist, how could she not have been exposed to the laboratory.

Moreover, Xia Duo believed that Jenna must have encountered a laboratory accident, the kind of accident that exceeded the laboratory's own protection limit. An accident like this would be equivalent to rebuilding a new laboratory.

As an Earthling, Shado is very attentive to laboratory risk control. After he took over the Tower of Time, there were almost no major accidents in ordinary laboratories, but there was nothing he could do about the arcanist's advanced laboratory.

Basically, it is destroyed once and then rebuilt again. This is the main reason why most arcanists come from the Mage Tower organization.

"Loose cultivators" can't find a suitable advanced laboratory at all, so they can only seek help from the Seven Towers or join the Arcane Federation, a relatively loose public organization, to have a chance to advance to the arcanist level.

In fact, there is an ideal mage who is an advanced arcanist. Before advancing, he has already found a way to join the mage tower organization with an advanced laboratory.

Of course, even if someone is willing to insure an existence like the Advanced Laboratory that is almost destroyed once, the premium will definitely be equivalent to, or even higher than, the cost of rebuilding.

But accidents don’t happen often in ordinary laboratories. In order to avoid bankruptcy, it is very appropriate to buy insurance.

As for airship insurance, or airship cargo insurance, there are only two airships in the Tower of Time, one large and one small. The smaller one is a patrol vehicle of the Spellbreaker Guard, and the larger one is used more as a training airship and has not been invested in Commercial.

But the Mingshui Chamber of Commerce has an airship caravan, and its understanding of the pain points of airships may be deeper than Xia Duo's.

Xia Duo doesn't care about the cost of the airship. In fact, he has mastered the key technology to reduce costs - for air bags, he has mass-produced magic glue material, which is lighter and more durable; for endless gas bottles, he also has a magic weapon mass production team, plus On the elemental plane of wind that can provide light gas.

It is difficult for others to solve these two points, especially the endless gas bottle. Currently, only Cliff has a wind element plane that can produce light gas. The proper neck-locking technology can only be purchased at a high price.

You can also try elemental transformation, but if you don't know the composition of light gas elements, there is no way.

Of course, if someone is lucky and happens to discover it, they will make money, and even the price of the endless gas cylinder, which is the core component of the airship, can be severely reduced. The price war will completely crush the existing plane channel type endless gas cylinder.

If the Mingshui Chamber of Commerce is willing to engage in airship cargo insurance, Xia Duo is also willing to push it later and sell cheaper and easier-to-use airship airbags (magic shoes are already on sale, and other people will discover this material sooner or later. Ta has established a magic glue research center and is not worried about competition).

As for other components and final assembly, they can be left to others.

There is always endless money to be made in this world. Just master the core technology and key processes. You can also form an interest alliance by leaving other steps to others. Together, we can make the pie bigger, improve our ability to resist risks, and gain more benefits at the same time.

…

After Sha Duo's repeated reminders, Jenna finally made up her mind. Of course, what prompted her to make her decision was not only the insurance prospects shown to her by Sha Duo, but also the internal reforms of the Mingshui Chamber of Commerce. This was an excellent opportunity!

As a businessman, she knew very well that although the internal reform was essentially to take over the power of the branches below, it could not be implemented so directly.

Participating in the mineral development of the Huifeng Mountains and the newly learned insurance business are important ways for her to reorganize the internal order of the Mingshui Chamber of Commerce.