Rein4ce CEO Mairi Mallon explains why right now an emphasis on well thought out and smart communications is vital for global markets Although our industry supposedly went digital a few years ago, the insurance and reinsurance markets are still heavily reliant on face-to-face conduct – or at least they were until just a few short weeks ago. During…
The power of words should never be underestimated. They can transport you in time and space, I’m sure. And yesterday proved it to me. I was clearing out the attic in my parents’ house recently and came across an ancient box in the corner. And I opened it last night. In it were letters from…
Christmas greetings from the team at Rein4ce ‘Tis the season and all that, and the City of London is at its sparkling festive best. Christmas parties spill out of every restaurant and pub, and the full conviviality of the EC3 insurance market place is at its finest. As I’m writing I can hear carols floating…
Is there still a large sexism problem in the insurance sector? Rein4ce CEO Mairi Mallon thinks now is the right time of the year to talk sexism in insurance as this week sees the third year of the Dive In Festival, a world-wide festival to promote diversity in the insurance market. What is interesting is…
Lloyd’s sets out its stall and bans lunchtime drinks After the Corporation of Lloyd’s banned its 800 staff from drinking at lunchtime, the responses from the insurance market have varied from “about time” to cries about “nanny state” imposing yet more rules on workers. For those of you who do not know, the London insurance market is famously…
Roll up roll up, all you insurance, reinsurance and insurance-linked securities (ILS) Twitter tweeps, we are going to have an industry tweet-up on February 25th in New York. We are looking at the Shakespeare, (24 E 39th St, New York, NY 10016). I know our industry is not the most advanced in social media, but there are…
It’s time to talk about senior women in insurance and reinsurance. That was my thought after seeing a statistic was posted on Twitter the other day stating that 62% of Canada’s P&C industry’s workforce was female in 2012 (thanks to @xuber for the post). And of this figure 36% of what is classed in the survey as…
It would be nice to find out what the comparison in size is between the wholesale UK insurance industry/market and wholesale banking in the UK. I’ve been searching everywhere, but have come up blank. The one statistic I’ve found so far, from the Association of British Insurers (ABI) is this: insurance controls around 13.4% of investments in…
I just heard on the radio that the UK may be heading for a triple dip recession. News like that really makes me appreciate working in the insurance and reinsurance sector. With the general doom and gloom on the economy, I’ve decided to start talking about all the good news in our little global sector.…
Insurance – one of the best kept secrets of the UK’s financial services history Last week I went for after works drinks within the City of London with a friend who does not work in financial services. He expressed surprise at the upbeat nature of all the people in the glossy bar, the tabs filling…