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London Market Share | International Women's Day

February 23, 2023 | 12m 54s

Learning: Unstructured

Caroline Wagstaff, CEO, London Market Group joins Jenny Ellice to walk us through London's challenges as an Insurance Hub. As the Market Share becomes static and the insurance hub moves into globalisation, London is now facing competition.

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Caroline Wagstaff

Jenny Ellice

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At Chubb, we assess, assume and manage risk with insight and discipline. Chubb is the world’s largest publicly traded P&C insurance company and a leading commercial lines insurer in the U.S. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. We combine the precision of craftsmanship with decades of experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families, and businesses of all sizes. Chubb is also defined by its extensive product and service offerings, broad distribution capabilities, direct-to-consumer platform partnerships, exceptional financial strength and local operations globally. The company serves multinational corporations, mid-size companies and small businesses with property and casualty insurance and risk engineering services; affluent and high net worth individuals with substantial assets to protect; individuals purchasing life, personal accident, supplemental health, homeowners, automobile and specialty personal insurance coverage; companies and affinity groups providing or offering accident and health insurance programs and life insurance to their employees or members; and insurers managing exposures with reinsurance coverage. Chubb has more than $200 billion in assets and reported $46.8 billion of gross premiums written in 2021. Chubb’s core operating insurance companies maintain financial strength ratings of AA from Standard & Poor’s and A++ from A.M. Best. Chubb Limited, the parent company of Chubb, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 31,000 people worldwide.

Crawford is committed to fostering a safe and inclusive environment where employees’ unique perspectives and experiences are heard and valued. We value diversity as it fosters innovation, collaboration and new ideas. As a company, Crawford has formalized its commitment to diversity with the creation of a diversity council to promote an inclusive culture and focus on achieving the company’s diversity goals. Crawford has long recognized the value of maintaining an inclusive board of directors and management team, proudly celebrating the legacy of Virginia Crawford, the company’s first woman director. In present day, Crawford has over 50% representation of women and minorities on its eleven-strong board and proudly joins other leading companies who have taken the important step of including at least three women directors. In addition, our global senior management team is over 30% women and minorities, and we hope to continue this diverse growth. www.crawco.co.uk

Sompo International is proud to support the International Women's Day Conference. As an organization we believe that creating an environment where anyone, from any background, can belong and perform at the highest level is critical to success. As we build upon and accelerate our long-term inclusive diversity strategy, taking this time to celebrate women around the globe compliments our approach to promote, value and embed diversity in all aspects of what we do. About Sompo International Sompo International Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Sompo International companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. We maintain excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on our principal operating subsidiaries. For more information about Sompo International, please visit www.sompo-intl.com.

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Learning: Unstructured

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