Throwback Thursday: Golf society; Risk assessor wages
Insurance Post’s Throwback Thursday steps back in time to February 1971 to remind you what was going on this week in insurance history when golfers were gathering and only male risk assessors need apply for jobs.
25 February 1971: Limited Golf Society membership
The Insurance Golfing Society of London held its annual dinner at the Park Lane Hotel in London.
The society’s president, GW Bridge, said the group had a limited membership marked by friendliness rather than golfing ability. Is “limited” another way of saying “exclusive” rather than “inclusive”? I’ll leave you to ponder on that one.
Post’s reporter wrote: “It is, I think, one of the pleasantest and happiest functions to which I am invited.”
In fairness to the reporter, Post’s first British Insurance Awards ceremony at the Royal Albert Hall didn’t take place until two decades later.
Risk assessors wanted
The Trident Insurance Company was on the hunt for a risk assessor and were willing to pay £2,500 to £3,750 for a man aged 25-45.
In today’s money? Trident was offering £31,873 to £47,810, according to the Bank of England’s inflation calculator.
“A common sense approach to surveys with an ability to make realistic assessments”, was required, along with being “well known to both brokers and companies on the London market”.
Plus proof of XY chromosomes, it seems.
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