Intelligent Insurer


EDITORIAL Navigating disruptive headwinds


INTELLIGENT INSURER IS PUBLISHED BY NEWTON MEDIA LIMITED.   Email: info@newtonmedia.co.uk www.intelligentinsurer.com


DIRECTOR Nicholas Lipinski


MANAGING EDITOR Wyn Jenkins


 Email: wjenkins@newtonmedia.co.uk


PUBLISHER John Walsh


 Email: john.walsh@newtonmedia.co.uk


COMMERCIAL MANAGER David Ward-Penny


 Email: dward-penny@newtonmedia.co.uk


MARKETING MANAGER James Lynn


Email: jlynn@newtonmedia.co.uk


SUBSCRIPTIONS Carl Casis


 Email: ccasis@newtonmedia.co.uk


DEPUTY EDITOR Marc Jones


 Email: mjones@newtonmedia.co.uk


SUB-EDITOR Ros Bromwich


PRODUCTION AND DESIGN Fisherman Creative


 No part of this publication may be reproduced, stored in a


retrieval system, or transmitted in any form or by any means, electrical, mechanical, photocopying, recording or otherwise without the prior written permission of the publisher.


 those shared by the publisher, Newton Media Limited. Wishing   


are those of the individual contributors. No responsibility or liability is accepted by Newton Media Limited for any loss to


any person, legal or physical, as a result of any statement, fact  


The publication of advertisements does not represent endorsement by the publisher.





Cover image: Courtesy of TigerRisk Partners and 


There are many such dynamics emerging in the world of risk transfer at the moment and they could


well change the landscape for good.   


way certain peak risk are underwritten, again creating opportunities for newer players, but it has also triggered a wave of consolidation between companies previously reliant on this business.


Change in the industry also goes way beyond this. The model of the big global broker is being


challenged, with newer players such as Capsicum Re and TigerRisk Partners, capitalising on this in the 


The run-off sector is changing rapidly too, driven by a raft of disruptive forces including Solvency II. In fact, the new private equity owners of one European run-off specialist state that the precise reason they invested in the sector was because of the disruption it is facing.


Perhaps more fundamental than any of this, however, is that the very nature of the risks the industry


is grappling with is also evolving. Intelligent Insurer October


must face, although several are arguably also opportunities.


They include some of the current usual suspects, such as cyber, but the growth of topics such as big data and telematics also offers great challenges and opportunities for the industry as does the increasing density of population in certain regions—making the potential devastation caused by natural catastrophes even greater.


One of the related challenges for the industry will be attracting the right type of talent that is able to keep pace with such fast and dramatic changes in society and the risks it faces.


On that note, think talent old and new. It will not be the generation of the recently graduated who will help the industry surmount these challenges, it will be the already battle-hardened industry leaders who are also open to change.


Our piece on corporate longevity should be read with all this in mind. It turns out that there are certain traits that companies that have survived for a long period of time often possess. But, equally, surviving a period of rapid evolution within an industry can often come down simply to good leadership.


 ones where the wind is changing direction all the time?


Wyn Jenkins, Managing editor www.intelligentinsurer.com November 2015 | INTELLIGENT INSURER | 3 S


peak to any venture capitalist or private equity fund manager and they will tell you they love to invest in disruptive industries, innovations and technologies.


Why? Because they change market dynamics in such fundamental ways that gaps are created,


 to the wayside.


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60