The global insurance industry is complex and faces substantial change, from low interest rates to continuing regulatory developments. At the same time, both individuals and organizations are looking for new ways to protect themselves against unforeseen risks, to safeguard assets and to lower costs. Spencer Stuart has direct experience finding executives with the industry and functional expertise needed to succeed in today’s environment.
- From new organizations to established major players, we have conducted more than 400 senior-level executive searches, board director appointments and other key assignments for the industry in the past three years, and also perform the largest share of board work in the industry.
- Our consultants, with years of senior-level executive experience in this industry, have access to and deep relationships with insurance executives around the world.
- We are well-versed in the issues critical to companies in the insurance industry, including product management, alternative distribution, offshore operations, risk and capital management, and governance.
Amid capital constraints, insurance leaders are charged with doing more with less, and must be adept at exploring alternative sources for funding, such as private equity and hedge funds. In addition, insurance executives must continue to develop new, more efficient products and serve clients through evolving distribution and communication channels. Our global insurance team assists senior leaders in recruiting talent who can excel in this challenging environment, as well as providing talent assessment and benchmarking organization effectiveness.
We work with clients in these sectors: