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/
Ep 112 Alastair Swift WTW: We can grow exponentially in Specialty
Ep 111 Rinku Patel CEO Pine Walk Capital: helping underwriters be in their last job
Ep 110 Rick McCathron President, Hippo: A path to profit, but on our own timeline
Special Episode: Seeking quality premium in motion with Madhu Tadikonda, President, Corvus Insurance
Ep 109 Bronek Masojada: Just the same, but completely different
Ep 108 John Cavanagh Beat Capital Partners: Building a perpetual business
Ep 107 David Walsh and Graeme Newman of CFC Underwriting: Build your own
Ep 106 Lucy Clarke President Marsh Specialty and Global Placement, Marsh: Enough is enough
Ep 105 David Flandro: Secondary perils driving just about everything at 1.1
Ep 104 David Ibeson Apollo: Success brings the right to remain independent
Ep 103 Adrian Cox CEO Beazley: No natural endgame to where we can be
Ep 102 John Fowle CEO Chaucer: A great time to be someone‘s growth engine
Ep 101 Caroline Wagstaff CEO The LMG: Always a campaigning body
Ep 100 Sian Fisher CEO The CII: The strategy is already on the wall
Ep 99 Mark Wheeler Mosaic Insurance: No Exit Plan
Ep 98 Richard Watson CEO Inigo Insurance: Low ego and high collaboration
Ep 97 Stefan Golling: If we don’t achieve our margins now why should we stay?
Ep 96 Patrick Tiernan Chief of Markets Lloyd‘s of London: A vision bound by logic
Special Episode: New Trillion dollar markets wherever you look. How insurtech can improve climate resilience with Robert Lumley and Stephen Brittain of The Insurtech Gateway
Ep 95 Jean-Paul Conoscente CEO Scor Global P&C: True partnership isn‘t about being accommodating
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