Patrick M. O'Brien Practice Group Leader, New York
The current economic crisis confronts insurance companies with major challenges that emphasize the importance of both leadership and management skills as well as technical expertise in the industry.
What skills are needed now?
To stay ahead of the competition, insurers will need to ensure they have access to the most highly skilled staff available, both at executive board level and in areas such as financial risk management, innovative product development, underwriting and technical risk assessment/modelling and multi-channel distribution strategy.
How can Egon Zehnder support the insurance industry?
Egon Zehnder’s global Insurance Practice consists of a highly professional team around the world who partner with senior executives of organizations in all sectors of insurance to address hiring needs and assist with the assessment and development of existing management competencies, and to support boards of directors. Over 50 consultants worldwide are dedicated to serving clients in the insurance industry.
The management of high-performance teams with the varied technical backgrounds needed to steer companies safely through the crisis also poses particular leadership challenges in strategic, talent and human resources management. With our well established Leadership Strategy Services Practice including our unique Team Effectiveness Review service, we are particularly well placed to support insurance companies’ boards and top-management teams in these challenging times.
How we operate
Our unique one-firm approach, which facilitates collaboration across geographical and practice boundaries, enables us to bring highly skilled and experienced teams to the table, with proven expertise tailored to meet the needs of clients and achieve credibility with candidates and opinion leaders around the world.
By focusing on people and skills management in the context of a specific strategy, we help insurance companies to rethink their organizations and their winning value propositions.