Ep 103 Adrian Cox CEO Beazley: No natural endgame to where we can be
Historically in our business fast growth has been a red flag and a sign that something might be wrong.
The fastest growth has often been followed by a period of significant underperformance later on as the chickens come home to roost.
But there are some major exceptions to that rule and today I’m speaking to one of them.
Beazley has been one of the most successful, innovative and fast-growing specialty companies of the past two decades. Adrian Cox has been part of that journey over the same period and has just taken over the CEO role.
In this podcast we get right into Adrian’s vision for what the next twenty years might be like.
Growth is definitely a big part of the story. But in this lively interview you really get to know what Adrian is like and how he thinks.
This is an organisation that has a tendency to run towards problems, not away from them and in doing so bakes growth into the business.
After all, if you can solve the toughest problems you can get well paid to do so and that is my overriding impression from this encounter.
As Beazley gets bigger it has greater resources to deploy on solving more sophisticated problems in more areas and should be able to continue to grow at impressive rates, even as it becomes quite a large business.
The only brake on growth would be if we suddenly started running out of new problems to solve – and we already know that that is not going to happen any time soon.
In our talk, amongst other things Adrian runs us through Cyber market dislocation and how that might be resolved, the logic behind Beazley’s ESG syndicate and the opportunities and threats of algorithmic underwriting.
He does all of this with infectious enthusiasm and a smile on his face.
I am really pleased with how this episode has turned out.
LINKS:
We thank our naming sponsor AdvantageGo – enabling an enterprise view of exposure:
https://www.advantagego.com/
We also thank Claims Direct Access (CDA) for their support today:
https://www.claimsdirectaccess.com/
