The Best Insurance Professionals and Brokers Worldwide | Global 100

The Best Insurance Professionals and Brokers Worldwide | Global 100

Difference makers

The insurance industry continually faces challenges that require strong, decisive leaders, which has shaped IB’s Global 100 list for 2024.

All of the winners have taken their organizations to new levels with their insight and inspirational qualities. The industry as a whole can feel secure knowing that such skilled operators are mentoring, supporting, and giving their colleagues greater chances to shine, along with mapping out the best courses to plot. 

 

 

Collete Taylor – Sovereign Insurance 

Chief operating officer 

Leading from the front is never easy, but doing it under pressure and in challenging circumstances is what truly separates the best from the rest.

Taylor has completed a “Super Bowl” year by guiding the Canadian firm through two major projects:

The tech plan was key as it underpins their entire operation.

Taylor says, “Our technology was such legacy technology; it couldn’t catch the wording, and for our whole future, we had to modernize. It was also a reaction to certain parts of our business losing a lot of money in prior years and the realization of the need to invest in everything from technology to our capabilities to our products. We don’t just want to stay relevant in the market; we want to thrive.”

The changes have been introduced effectively and are working well, showcasing Taylor’s leadership prowess.

“I spend more time probably thinking about the people aspect of the business and the psychology than I do pouring over the numbers of the business,” she says. “Don’t get me wrong, the numbers are really important, but it’s how we operationalize things and how we’re able to execute, which is so much still grounded in the people aspect of our business.”

Listing the questions she routinely asks herself:


“How can I remove roadblocks for the team?”

 



“How can I advocate for the organization?”

 



“Where can I best support and serve?”


Taylor prescribes servant leadership and prepared Sovereign’s workforce for the major changes by using her experience of coming up through the ranks over the course of her 28-year career.

She says, “I reflected on my observations when I was in more junior leadership positions of everything that had frustrated me at the time of observing senior leaders, and either what they did or didn’t do. I wasn’t going to make the same mistakes. My way was to be really authentic in the way that we communicate with people so they can trust they’re getting straight messaging, whether it’s the message they want to hear or not.”

Another factor was Taylor’s focus on all the changes being fully completed and resisting the urge to use new systems before they were entirely bedded in.

“I had observed in my past that when companies get shiny new object syndrome, it gets half-baked. I had seen the churn that it creates in teams when they feel like they’re doing one thing, but they only half finish it, but their resources are redeployed to something else,” she says. “I was clear that we were not taking on any other things. That was our mandate, and we were all pulling in that direction.”

See also  Is HealthCare Gov a legitimate company?

Another signature of her leadership is realizing that having her input into everything is counterproductive. Taylor has the foresight to know that delegation pays dividends.

She says, “My proudest achievement would be knowing when to let the team and the experts run to do what they’re best at and knowing when to step in and assist with the difficult decision-making or help reframe to get back to the strategy. It gets harder to pin your own name to any individual milestones, and I think rightfully so, because no leader really gets there by doing everything themselves.” 

Collette Taylor

“I had observed leaders rising through the ranks who disassociate themselves from the person they’ve been and become unrelatable. I made a commitment to myself early in my leadership journey that I was always going to show up. I get a lot of validation and feedback from people that they appreciate that”

Collette TaylorSovereign Insurance


Phil Hobbs – Liberty Specialty Markets

President and managing director

Devising strategy and understanding in what direction to go are the acid tests for any leader. Hobbs has shown his ability to tackle both. He has overseen the expansion of LSM into a true global player.

“The biggest impact we have had is establishing ourselves as a material international player in Continental Europe, Asia, and Latin America while maintaining market-leading and award-winning businesses in London, MENA, and Australia. The business and our customer base today look very different from how we looked five years ago,” he says.

Even with his innovative mindset, Hobbs has not allowed LSM to deviate from its fundamentals of being:


consistent

 



thorough

 



insightful


Hobbs says, “The risk environment our customers operate in is extremely volatile, and what our clients and broker partners are looking for is a proper partnership. That long-term view is crucial to our value proposition.”

Being able to sustain success has seen LSM overcome industry-wide challenges such as:


managing the loss trend

 



adapting to the post-COVID-19 working environment

 



internally transforming to modernize 


 


However, one stands out as harder to manage than others for Hobbs.

“The ‘war on talent’ has reemphasized our people’s first values,” he says. “It is a collective effort of all of our people managers to ensure that we are challenging each other and setting a high-performance culture that continues to make people want to work for Liberty.”

While Hobbs is being honored, he attributes it to the “collective effort of his global team.” A key component of his success is ensuring projects are completed.

See also  Satellite tech a game-changer for parametric insurance: ICEYE CEO at Davos

“I think that learning and maintaining an open mind are critical to being a good leader, but there is one simple thing I always aspire to do. It is also what I look for in my team – to finish the last 5%,” he says. “Starting things is the easy bit, but finishing them is where the real value lies. It sounds very simple, but you would be surprised if you used that as a filter and as a personal driver for what you might see around you.”

A 2024 PwC survey showed that 45% of CEOs don’t believe their business will be economically viable in a decade on its current path, up from 39% in 2023.

Hobbs relates to that opinion and is mindful of it in how he leads LSM forward.

He says, “While I would not put myself in that category, I do think that the sentiment is there that everything has to change. My goal is to build an organization that embraces and drives change rather than feeling like change is being imposed on it. We must adapt to the world around us to ensure we continue to provide that same partnership to our customers.” 

 

Phil Hobbs

“One of the great things about my job is that I am learning every day. A key component of our strategy is to attract, develop, and retain diverse, high-performing talent from within and outside our industry”

Phil Hobbs Liberty Specialty Markets


 


Ajay Mistry

iCAN

Alistair Hardie

Jensten

Allison Carr

Davies UK and Ireland

Allison Chan

Munich Re

Amanda Blanc

Aviva

Andrew Hall

Insurance Council of Australia

Andrew Horton

QBE Insurance

Barry Sonter

Finsura Insurance Broking

Brady Kelley

WSIA

Carl Hess

WTW

Charles Brindamour

Intact

Christian Sandric

Allianz Commercial

Christine Williams

Aon

Claire Weston

Great Lakes Insurance

Craig Buckle

Lockton NZ

Dale Hansen

BMS Coast to Coast

Dave Obenauer

CRC Insurance Services

David Bruce

Marsh Commercial

Debbie Coull-Cicchini

Intact Insurance

Donna Ince

Definity

Erika Schiavoni

TD

Gail Boudreaux

Elevance Health

Gail Costa

Chubb Life New Zealand

Garry Taylor

IAG

Geion Bright

Amwins

George Woods

Swiss Re

Graeme Trudgill

BIBA

Hugh Sturgess

Arch Insurance International

Huynh Thanh Phong, OBE

FWD

J Patrick Gallagher Jr.

Gallagher

J Powell Brown

Brown & Brown

Jamie Lyons

Westland Insurance Group

Jason Groves

Marsh McLennan

Jennifer Fitzgerald

Policygenius

Jenny Bax

Underwriting Agencies Council

Jill Comley-Forbes

WTW New Zealand 

Joel Cavaness

Risk Placement Services

John Doyle

Marsh McLennan

John Mike Falvey

Falvey Insurance Group

Jon Walker

AXA Commercial

Juan Carlos Diaz-Padron

GIC Underwriters

Julie Rayson-Flynn

Adler Fairways

Justin Delaney

Zurich Australia and New Zealand

Kate Chiew

Great Eastern

Katrina Johnson

CHU Underwriting Agencies

Katrina Shanks

ANZIIF

Kay Jackson

Simplex Insurance Solutions

Ken Norgrove

RSA

Kevin Strain

Sun Life

Laura Hollerich

EY

Lei Yu

QBE Asia

Lisa Bartlett

Crawford & Company

Lisa Patel

Aon

Mark Lingafelter

Berkshire Hathaway Specialty Insurance

Matthew Power

One80 Intermediaries

Matthew Shulman

Arch Insurance North America

Maxine Goddard

Sompo International

Mel Gorham

IBANZ

Melanie Muse

Navacord

Melissa Bajwa

PROLINK

Melissa Collett

Insurtech UK

Michael Abdallah

Liberty Specialty Markets

Michael Keating

Managing General Agents’ Association (MGAA)

Mike Bruce

Brown & Brown Europe

Nadia Hoyte

USI Insurance Services

Naveed Irshad

Manulife Canada

Neil Gibson

Sedgwick International UK

Ngozi Nnaji

Ako Brokerage Services

Nicholas Scofield

Allianz Australia

Nick Creatura

CNA Insurance

Nick Hawkins

IAG

Peter Blanc

Howden Group Holdings

Peter Eastwood

Berkshire Hathaway Specialty Insurance

Philip Kewin

National Insurance Brokers Association (NIBA)

Saad Mered

Zurich Canada

Scott Gunter

AXA XL

Sean McGovern

AXA XL

Shaun Standfield

Insurance Advisernet Australia

Sheri Clay

J.T. Insurance Services

Simon Matson

Gallagher

Skye Theodorou

upcover

Sonia Boyle

Gore Mutual Insurance

Stephen Billyard

Billyard Insurance Group

Steve Lockwood

Gallagher Australia and New Zealand

Susan Johnson

The Hartford

Tim Bailey

Zurich

Tony Buss

ARAG

Tricia Griffith

Progressive Insurance

Wendy Houser

Markel

Win-Li Toh

Actuaries Institute

Wong Sze Keed

AIA Singapore

Zahid Salman

GreenShield

See also  Aviva’s 2023 home insurance festive bulletin highlights Brits’ festive disasters

The Insurance Business Global 100 report shines a spotlight on outstanding professionals who are making a positive difference and helping drive change across the industry.

Now in its fifth year, this formidable list of the biggest names in insurance was put together by Insurance Business, leveraging its unique position as a true global publication and reaching six different markets – the US, Canada, Australia, New Zealand, Asia-Pacific and the UK.

The Insurance Business team collectively deals with hundreds, if not thousands, of insurance industry professionals throughout the year for its daily newsletters, special reports and surveys, industry awards, and events. This range makes the Insurance Business team well positioned to tackle the intimidating task of whittling down the industry’s high achievers to just 100.  

The Global 100 list features outstanding professionals from all of the Insurance Business’ markets who are making waves in the industry, whether by driving growth and innovation within their own company, taking associations to new heights, advancing the business through education, or championing the key issues that can lead the industry toward a new era.