The global, wholesale and specialty insurance and reinsurance segment of the global market has been putting out very strong results in recent times. If I had to highlight a consistent theme in my interviews of the past year, it would be an almost universal desire among carriers for continued growth, but without compromising on profitability as appetites return and the market becomes more competitive. Today’s guest is a senior underwriter who embodies that conundrum. Andrew McMellin is President of Markel International, a business that has done extremely well in the past few years, and which has set itself ambitious growth targets for the next. This podcast examines the delicate balance that allows growth to continue to flow down to the bottom line and not just add volume on the top. Andrew has had a long and successful career and his insight and long-term perspective is extremely valuable. In this podcast we examine Markel International’s growth strategy in detail and on our way evaluate all the concurrent phenomena impacting the market, such as digitisation and the streamlining of follow capacity, as well as the impact of AI and a more collaborative reinsurance market. Andrew is on exceptional form and this is a very enjoyable encounter with a market player on the top of his game and looking to maximise the opportunities that a still healthy insurance market is affording.
LINKS: We thank our naming sponsor AdvantageGo: https://www.advantagego.com