It is in difficult times that we identify the best managers. In good times it is much more complicated to find out which insurers have outstanding executives, since the whole industry tends to show strong figures not only in terms of sales but also in terms of profit. According to me an outstanding CEO should gatheramong othersthe following skills:
Humility: Managing an insurance company (of any kind, midsized or large) is a complex mission and nobody can achieve great performance alone. Therefore CEOs need to structure their organization optimally and find the right people for each strategic position. The choice of adequate human resources is particularly important in core areas such as risk management and IT since the main business of insurance consists in managing different types of risks and analyzing risk requires mastering data qualitatively and quantitatively.
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