EP 85 Clive Washbourn CEO Navium: The market is always good

Clive Washbourn is a legendary figure in the marine insurance
market. His enviable track record of profitability has made him
probably the nearest thing to a celebrity within that very
particular, and often very difficult to underwrite, subset of our
sector. So when the news came out that he had started his own
marine MGA Navium, on Fidelis’s Pine Walk platform I made sure I
put in a request for an interview. Despite so many years covering
the markets I hadn’t met Clive before but you wouldn’t tell from
this interview. Clive is the real deal. In this episodel I found
a lead underwriter completely at ease with himself and
rejuvenated at the prospect of building a new business with the
benefit of a successful career behind him. He was also
infectiously happy, immensely charismatic and instantly likeable.
What follows is a masterclass in entrepreneurial spirit and the
art of successful underwriting. I also think it reassuring proof
that personality still has a huge amount to play in success in
many corners of the insurance world.


NOTES


Clive and I couldn't remember exact dates, but the Sri Lankan
Tamil Tiger aviation war loss indeed occurred 20 years ago, in
July 2001.


Abbreviations: TLO = Total loss only; IV = Increased Value.


LINKS


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


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