Insurance Post

Penny Black’s Insurance Week - 16 October

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If Penny had a penny for every time she heard the line “I just sort of fell into insurance”, she certainly wouldn’t still be earning her crust as a hard-up scribe.

However, as unplanned entrances to the industry go, Aon UK CEO Dominic Christian’s takes some beating. Having returned to London following a couple of carefree post-university years spent hitchhiking around Europe, the 24-year-old Christian found himself working in a wine bar. Despite confessing that during his wild years he had never envisaged himself wearing a suit, let alone working in financial services, he soon found himself prepping for an interview with Lloyds Bank. All well and good – except for the fact that when he arrived for his interview, it was actually at Lloyd’s of London. Whoops. Meanwhile, Ageas claims director Rob Smale was on hand to discuss the pitfalls of analysing data at Post’s Claims Event last week. Finding correlations, Smale warned, can be tricky – providing one example that almost saw Penny’s hair unravel from its tight bun to stand on end. It turns out the divorce rate in the US state of Maine per thousand people is matched almost exactly by per-capita consumption of margarine! Smale’s point might have been that such comparisons are red herrings, but Penny has nonetheless switched to buttering her crumpets.

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This article was published in the 16 October edition of Post magazine.

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