Ep226 Richard Brindle & Richard Coulson: No Substitute for Hard Work

The Voice of Insurance

Todays’ Episode is a fast-moving, high-intensity blast from start to finish.

That’s mostly because of the people I’m talking to, but also due to the circumstances under which we are doing the talking.

First the people.

Richard Brindle is well known to anyone in our business as one of the most dynamic underwriters in the market.

And anyone following the Fidelis story will know that now the business has split into the Fidelis Partnership and the Fidelis Insurance Group, Richard has freed up time to be even more dynamic.

It’s perhaps understandable that Richard Coulson, The Fidelis Partnership’s CEO of Insurance & Deputy Group Chief Underwriting Officer, doesn’t yet have the same public profile as his namesake, but on this performance it won’t take long for that to start building.

Secondly the venue was Monaco at the Monte Carlo RendezVous. The RendezVous always heightens the intensity of any interaction.

People come there ready to communicate against the clock and that cut-to-the-chase feel very much comes through in this encounter.

As a result this podcast covers everything it should – the state of global markets and where Fidelis is positioning itself to make the most of the opportunities those markets are throwing up, the Fidelis Partnership’s entrance to Lloyd’s and the two Richard’s views on all the major issues of the day.

Listening back this is a really enjoyable Episode, packed with singular, original and sometimes surprising insights.

NOTES

The Fidelis Partnership wanted to add the following points to our discussion about Intellectual Property (IP) insurance:

Like others Fidelis exited the IP market earlier this year;

Arguably IP is a great example of the bravery of innovation with measured downside and then pulling back quickly as soon as the warning alarms sounded;

As a relatively small and well-managed book, there was very little impact on their overall exceptional long-term bespoke underwriting performance.

LINKS:
We thank our naming sponsor AdvantageGo:

https://www.advantagego.com

We also thank audio advertiser, The Insurance Network (TIN), organiser of the highly-successful TINtech events series. They are advertising their new London-based event, Data Jam, which is focused on exploring the implications and opportunities of data, analytics, AI and automation in the insurance sector.

It’s on 28th November at Convene, 133 Houndsditch, London EC3. I’m going to be there.
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