Ep 98 Richard Watson CEO Inigo Insurance: Low ego and high collaboration

Ep 98 Richard Watson CEO Inigo Insurance: Low ego and high collaboration

Tuesday Nov 02, 2021

There are two types of journalist – there are those who really don’t like or trust anyone they write about and then there are those that are the opposite and seem to like everyone.

I am one of the latter – my natural bias is to get a positive vibe from most of the people I interview.

Because of this I make sure I try and balance this inbuilt positivity with a reality check from others around me.

But now I don’t work in a large business any more it’ll be you the listener who has to help me out.

I’m only mentioning all of this because I found today’s guest off the charts in the likeability stakes.

Richard Watson is the co-founder and CEO of Inigo Insurance – a specialty insurance and reinsurance start-up at Lloyd’s.

The business is growing rapidly in this transitioning market and is looking to build something highly focused that seeks to deploy the best new thinking and analysis to big-ticket specialty risk.

In this discussion we get right to the heart of what it is like to be building a differentiated new Lloyd’s franchise in the 2021 market, Lloyd’s market reform and the applications  of algorithms and other smart technologies.

Richard is a London Market veteran and his 33 years at Lloyd’s Blue-chip Hiscox culminated with an 8-year stint as its Chief Underwriting officer, so his views carry a lot of weight.

We also examine Richard’s ideas on how to create a new business that attracts smart, curious and fun people and makes them want to stay.

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Richard gives the impression of someone having the time of their life making the most of a rare opportunity to put a career’s learning into practice.

I had a great time – but then I always do – so it’s over to you to tell me anything I’m missing.

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/