Ep250: Adrian Cox Beazley: Managing the grey areas consistently well

Todays’ podcast is another really positive and uplifting meeting with someone right at the top of their game. Fresh from posting record annual profits of over $1.4bn on a top line that exceeded $6bn for the first time, it was perhaps understandable to find Adrian Cox, CEO of Beazley in excellent spirits. Whilst the market may be peaking in terms of pricing, speaking to Adrian it certainly doesn’t seem to be peaking in terms of profitable opportunity, and much of this podcast is a dissection of global specialist insurance opportunities in the world and how a top-tier progressive underwriter like Beazley is positioning itself to make the most of them. Whether it be fast-emerging new classes of insurance relating to the decarbonisation of the economy, burgeoning new geopolitical risk and complexity, the rise of parametric covers, the application of artificial intelligence or indeed the fast-changing dynamics of how insurance is transacted, this encounter reveals positive new thinking and investment in abundance. Listen on for all this and more. I think if you listen closely enough you can hear a distillation of Beazley’s distinctive culture coming through, not just in what Adrian is saying about the issues of the day, but in the way he is saying it. It seems that it is possible that rigour and discipline combined with worldly curiosity and a willingness to allow controlled experimentation in the understanding that not everything will go to plan can all form key parts of a successful business culture. This is another good episode to file away for when you’re in need of a morale-booster. Adrian’s enthusiasm and good humour are infectious and I think you’ll enjoy listening to this as much as I enjoyed recording it   LINKS: We thank our naming sponsor AdvantageGo: https://www.advantagego.com