Ep 103 Adrian Cox CEO Beazley: No natural endgame to where we can be

Historically in our business fast growth has been a red flag and
a sign that something might be wrong. The fastest growth has
often been followed by a period of significant underperformance
later on as the chickens come home to roost. But there are some
major exceptions to that rule and today I’m speaking to one of
them. Beazley has been one of the most successful, innovative and
fast-growing specialty companies of the past two decades. Adrian
Cox has been part of that journey over the same period and has
just taken over the CEO role. In this podcast we get right into
Adrian’s vision for what the next twenty years might be like.
Growth is definitely a big part of the story. But in this lively
interview you really get to know what Adrian is like and how he
thinks. This is an organisation that has a tendency to run
towards problems, not away from them and in doing so bakes growth
into the business. After all, if you can solve the toughest
problems you can get well paid to do so and that is my overriding
impression from this encounter. As Beazley gets bigger it has
greater resources to deploy on solving more sophisticated
problems in more areas and should be able to continue to grow at
impressive rates, even as it becomes quite a large business. The
only brake on growth would be if we suddenly started running out
of new problems to solve – and we already know that that is not
going to happen any time soon. In our talk, amongst other things
Adrian runs us through Cyber market dislocation and how that
might be resolved, the logic behind Beazley’s ESG syndicate and
the opportunities and threats of algorithmic underwriting. He
does all of this with infectious enthusiasm and a smile on his
face. I am really pleased with how this episode has turned out.


LINKS: We thank our naming sponsor AdvantageGo - enabling an
enterprise view of exposure: https://www.advantagego.com/


We also thank Claims Direct Access (CDA) for their support today:
https://www.claimsdirectaccess.com/