Today’s guest is one of the best qualified senior insurance and reinsurance executives I have ever had on the show.
That’s because in a forty-plus year career David Cabral has been in both claims and underwriting, crossed the divide between Life and Health and P&C and worked at brokers, both in good times and in very bad times.
He’s also been in charge of a company in run-off and he has overseen debt and equity capital raisings on the private and public markets. He’s built and run operations, done M&A and has worked at the biggest incumbents as well as the smallest start-ups.
His resumé includes amongst many other names: Starr Excess, Marsh, Endurance, Frank B Hall, Lloyd’s and latterly sustainable finance-focused start-up Parhelion Capital.
He’s also been a longstanding advocate of business and cultural change and the adoption and application of the best technology in our sector.
I don’t know anyone with a more 360-degree understanding of our business than David.
That long preamble is important because it means that what he has to say about the fundamental issue of ESG should carry an enormous amount of weight.
This is someone with the right combination of intellectual heft and real-world experience to see exactly where we are going wrong as an industry on the biggest challenge our sector has ever faced.
To his brains and experience I should also add a fearlessness in telling things exactly as he sees them.
If ESG represents the greatest re-set of risk since the industrial revolution, here is someone who has thought things right though to their logical conclusions and wants to help build an insurance sector that is fit for purpose in a world of ever more dynamic risk and exponentially-growing real-time data.
David is an outspoken communicator and a great advocate for our sector and the transformative power it wields across the global economy and wider society.
I have rarely interviewed someone able to express themselves so freely and this is what I think makes this Episode something a little special
NOTES
Abbreviations.
ESG stands for Environmental Social and Governance
IoT is Internet of Things.
A Julian is referred to. That is Julian Richardson, CEO of Parhelion Underwriting.
LINKS
We thank our Special Episode sponsor Stephens Rickard:
https://www.stephensrickard.com/
David Cabral: https://www.linkedin.com/in/david-v-cabral/
Ep161 Greg Hendrick CEO Vantage Risk: There’s no such thing as The Vantage Way
Special Ep Andrew Bart, CEO International Operations Crawford & Company: The Future of Loss Adjusting
Ep160 Andrew Robinson CEO Skyward Specialty Insurance: Still navigating by the North Star
Special Ep John Neal CEO Lloyd’s: I’d love to be underwriting today
Ep159 James Baird & Paul Richards Co-CEOs Consilium: Do you pass the barbecue test?
Ep158 Trevor Carvey CEO Conduit Re: The Cat tide has lifted all the property ships
Ep157 Killian McDermott Executive Partner POP Holdings: The opposite of the Palo Alto approach
Ep156 Duncan Dale, CEO Dale Underwriting Partners: Everything’s better than we planned for
Ep155 James Hands CEO Miller: Always looking through a client lens
Special Ep. Risto Rossar CEO of Insly: How no-code software will unleash an age of insurance innovation
Ep154 Richard Watson and Stuart Bridges of Inigo: Curiosity & Hard Work
Ep153 Ben Hubbard CEO & Co-Founder of Parsyl: Bringing a good kind of naïveté to insurance
Ep152 Phil Hobbs President & Managing Director at Liberty Specialty Markets: Meeet the $24bn (re)insurer
Ep151 Rob Schimek Group CEO bolttech: Cooperate to graduate
Ep150 London: Creative when we need it to be, with John Sutton and Jonathan Tritton of Acrisure London Wholesale
Ep149 Adrian Cox CEO Beazley: High Risk & High Reward
Ep148 Reinsurance Reset 2023 with David Priebe, James Vickers & David Flandro
Ep147 Alastair Swift Head of CRB Global Lines WTW: The open-scissor market
Ep146 Alex Blanco CEO Vantage Insurance: Seeking the intellectually curious and mentally ambidextrous
Ep145 Adrian Jones Partner HSCM Ventures: We need to reconsider the word Insurtech
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money