WHY DEMOCRACY IS IMPORTANT 1. Domestic & General started out over 100 years ago, ensuring cattle and sheep rights. So not long after the Titanic went down there was a need all of a sudden to have protection and insurance on your livestock. (39:29 - 39:52) The more democracies you have out there, the safer the world will be. Because they'll be more accountable to their people and they'll find a way to address their problems in ways other than fighting wars. Dictators and authoritarian regimes don't necessarily have those types of political pressures and are much more likely to engage in a conflict. Dmitri Alperovitch