Special Ep David Cabral: Thinking beyond ESG

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/