EP 85 Clive Washbourn CEO Navium: The market is always good

Tuesday Jun 29, 2021

Clive Washbourn is a legendary figure in the marine insurance market.

His enviable track record of profitability has made him probably the nearest thing to a celebrity within that very particular, and often very difficult to underwrite, subset of our sector.

So when the news came out that he had started his own marine MGA Navium, on Fidelis’s Pine Walk platform I made sure I put in a request for an interview.

Despite so many years covering the markets I hadn’t met Clive before but you wouldn’t tell from this interview.

Clive is the real deal.

In this episodel I found a lead underwriter completely at ease with himself and rejuvenated at the prospect of building a new business with the benefit of a successful career behind him.

He was also infectiously happy, immensely charismatic and instantly likeable.

What follows is a masterclass in entrepreneurial spirit and the art of successful underwriting.

I also think it reassuring proof that personality still has a huge amount to play in success in many corners of the insurance world.

NOTES

Clive and I couldn’t remember exact dates, but the Sri Lankan Tamil Tiger aviation war loss indeed occurred 20 years ago, in July 2001.

Abbreviations: TLO = Total loss only; IV = Increased Value.

LINKS

We thank our naming sponsor AdvantageGo – enabling an enterprise view of exposure:
https://www.advantagego.com/

We also thank Claims Direct Access (CDA) and Free Partners for their support today:
https://www.claimsdirectaccess.com/
https://freepartners.com/