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Rising stars of the insurance industry revealed

12 January 2010

Reactions canvassed executive search firms worldwide to produce a list of who they believe will be the top leaders of the future. Here are the names they came up with.

It is not capital that is scarce in the wake of the financial crisis, it is talent. So says Rebecca Amoroso, vice-chairman and US insurance leader for Deloitte. It may not feel like it now but the industry is heading for a talent crisis, says Amoroso, and now is the time to identify and hold on to rising stars.

“The key to success – the whole idea of rising stars – is recognising the importance of talent,” says Brooks Chamberlin, managing director of insurance for executive search firm Korn/Ferry International. “Capital is always available, but talent has been and will continue to be a scarce resource. There are few people who are outstanding. The trick is to understand who those people are, identify them, develop them and to keep them.”

In turbulent economic times, it is talent that makes the difference between average and excellent results for a company, Chamberlin adds.


Poll

Do you believe efforts to set up a New York Insurance Exchange by the state's insurance department will succeed?

Yes, and it is a good idea
30%
Yes, but it is a bad idea
3%
No, but it is a good idea
42%
No, and it is a bad idea
21%
Not sure
3%