Introducing the 2023 Executives to Watch
Wildfires that sweep across mountaintops, scorching nature and incinerating homes, are appalling events. So too are the swirling damage-dealers known as hurricanes and typhoons.
Watching wretched renters and homeowners being escorted into rescue boats, shivering and crestfallen, are moments that darken our psyches.
Can there be hope in a world where climate change, not to mention political strife and infectious disease, seems to menace our every step?
There is, and the executives featured in the pages to come are just the people to carry that lantern.
These are the 2023 Risk & Insurance® Executives to Watch. They are remarkable not only for the ambition and talent that helped them build engaging, rewarding careers. They are remarkable for their bravery in assuming very heavy loads of responsibility that lesser souls want no part of.
Why are they so brave, you might ask?
They are brave, because they have taken on these leadership roles at a time when risk is outrunning us. That’s why so many struggle to maintain optimism in days such as these. But what if we had some capability, some tool, that could help us corral risk?
Do we have it? We do.
And these executives know very well what it is. In just one example, data collected from satellite images and other sources, harnessed by artificial intelligence, can be used to calculate the degree of exposure to fire and flood.
Put it in the hands of the right people, led by the right sort of leader, and it can empower those who provide risk transfer capital to make whole those who suffer a loss. Machines are one thing. People, though, are quite another.
That’s why someone like Katie McGrath, CEO of North America for Swiss Re Corporate Solutions, spends so much time thinking about how she can not only build the best team of underwriting and claims management executives but also communicate effectively to that team to help it deliver on the promise made to a client: That, should they suffer a loss, their carrier will be there for them.
McGrath said she thinks long and hard about how to communicate her vision to her teammates.
“It’s all well and good if Katie McGrath thinks it’s a good idea, but if I’m not able to bring the team along, then we’re really not going to be able to have joint movement,” she said.
And we must have joint movement. There is no time to waste. The executives in these pages know that as well as anyone. Let’s not only keep an eye on how fast they can run to the fight in 2023 — let’s also do everything we can to assist them. &