Innovations & Insights in Middle East Insurance with Howden's Richard Market | FS Brew Podcast
In this episode of FS Brew, hosts Renjit Phillip and Vidya Veerapandian welcome Richard Mockett, CEO of Howden Insurance Brokers for the Middle East and Africa. Discover how Richard transitioned from a DJ to a leader in the insurance industry, and delve into Howden's strategic expansion in the Middle East and Africa. The dialogue covers Howden's approach to cybersecurity and climate risk resilience, innovative insurance solutions like the Cyber Plus product, and the pioneering use of parametric insurance. Richard also discusses the role of AI in insurance, regulatory changes in the UAE, and Howden's vision for growth within the region. Whether you're an insurance professional or just curious about the industry, this episode is packed with valuable insights and forward-thinking strategies.
00:00 Introduction to FS Brew Podcast
00:28 Guest Introduction: Richard Mockett
01:13 Richard's Career Journey
02:26 Howden Insurance: Overview and Operations
04:36 Expansion Plans in the Middle East and Africa
07:14 Cyber Risks and Howden's Solutions
12:05 Energy Sector and Climate Risk
19:34 Supply Chain Risks and Red Sea War Risk Facility
22:55 Impact of AI in Insurance
26:06 Regulations and Market Changes in UAE
29:03 Personal Lines and InsureTech
34:49 Challenges and Vision for the Future
38:03 Rapid Fire Questions
Renjit Philip:
Newsletter: https://www.onemorethinginai.com
Socials:
Twitter / X: @renjitphilip
LinkedIn:
https://www.linkedin.com/in/renjit-philip
Vidya Veerapandian:
https://www.linkedin.com/in/vidya-veerapandian/
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