The Best Policy

Optimistic souls are a joy to listen to in dark times and few come more naturally upbeat than Hyperion boss David Howden.

In the first half of our two-part interview, David emphasises the positive aspects of the industry’s response to Covid-19 and how he believes the pandemic will change the shape of the sector long-term.

Yes, some insurers are getting criticised but he points out this is not the first time brickbats have been lobbed at the industry amidst a major event. The important thing - more than ever with one that has had such terrible consequences - is to ensure the sector collectively improves from it in the future. 

In the second half of our interview on The Best Policy, Convex Group co-founder Stephen Catlin offers his insights on some essential questions, such as what the danger may be if the industry maintains its defensive stance, what are the motor market challenges, what will drive capital shortage, and what the ultimate cost for the industry could be from COVID-19.

In our first interview, we speak to one of the insurance industry’s most prominent entrepreneurs – Stephen Catlin, Chairman and CEO of Convex Group. 

Addressing the industry as it confronts its greatest challenge since at least 9/11, Stephen shares his thoughts on what the industry needs to do collectively now, how it should work together in the future and also what the next 12-18 months may look like in terms of litigation, political pressure, change to state legislations and the squeeze on balance sheets from both the asset and liability side.