The Voice of Insurance

Ep182 Tim Gardner & Bob Bisset Lockton Re: Let revenue take care of itself


Listen Later

I last spoke to today’s guests as part of last year’s The State of Reinsurance Special Episode from Monte Carlo.


In that documentary-style podcast I spoke to over 20 people, so a one-on-one with this duo to look more closely at their still relatively young business was long overdue.

Tim Gardner (left) and Bob Bisset (right) of Lockton Re have been very busy in the last four years since the project to build a challenger reinsurance broker began in earnest.

The business has hired over 300 staff, run through $200mn in revenues and became profitable last year and in this episode we check in on how the reinsurance broker’s expansion plans are progressing.

We also take the temperature on this still relatively hot reinsurance market.

The result is a very lively and good-humoured encounter. Tim and Bob are buzzing and are clearly enjoying the considerable challenge of building out and scaling a global reinsurance broker.

This is a task others have tried and failed to do and if you listen carefully I think you will hear the tiniest sense of relief in Tim’s voice that much of his early vision has been vindicated.

I also think that this episode will give you a lot of insight into what Tim and his team are trying to do that is subtly different from some of Lockton Re’s peers.

Tim and Bob say that getting the people, culture and capabilities right is the key and if you do that the revenue and profit will take care of themselves.

That is to say they are just a byproduct and not the goal in itself.

Lots of people say these kinds of things, but rarely have I met an executive team that really sounds like they mean it.

So listen on and see if you hear what I hear.

LINKS:

We thank our naming sponsor AdvantageGo:
https://www.advantagego.com/

...more
View all episodesView all episodes
Download on the App Store

The Voice of InsuranceBy The Voice of Insurance Mark Geoghegan

  • 5
  • 5
  • 5
  • 5
  • 5

5

25 ratings


More shows like The Voice of Insurance

View all
Money Box by BBC Radio 4

Money Box

44 Listeners

The Bottom Line by BBC Radio 4

The Bottom Line

34 Listeners

Political Fix by Financial Times

Political Fix

146 Listeners

Politics Unpacked by The Times

Politics Unpacked

117 Listeners

Newscast by BBC News

Newscast

650 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

12 Listeners

Behind the Money by Financial Times

Behind the Money

225 Listeners

Americast by BBC News

Americast

736 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,181 Listeners

The Rest Is Politics: Leading by Goalhanger

The Rest Is Politics: Leading

862 Listeners

The Rest Is Money by Goalhanger

The Rest Is Money

199 Listeners

Merryn Talks Money by Bloomberg

Merryn Talks Money

47 Listeners

Media Confidential by Prospect Magazine

Media Confidential

19 Listeners

Insurance Insider - Behind the Headlines by Sam Casey

Insurance Insider - Behind the Headlines

0 Listeners

The Economics Show by Financial Times

The Economics Show

139 Listeners