Helping start-ups and scale-ups build investor, customer and public trust through the efficient and diligent application of insurance and risk management strategies.Helping investors to make more informed decisions around their prospects and portfolio companies, giving practical executable advice around what risks are and are not, can or cannot be managed or appropriately transferred.Helping regulators bridge the gap between performative insurance obligations for operators and functional protections against the risks posed to the public of novel tech risks.Risk and Insurance are let's face it fairly dry topics, most people don't like to spend time in the weeds of a policy wording, or rooting through a risk register to understand whether critical risks have been considered. Nevertheless, whether you are a founder, an investor or a regulator, if you don't have clarity on the minutiae you can easily find that you wearing significantly more risk than you intended; risk which can be company ending, investment losing or worse public endangering.I specialise in helping make risk and insurance intelligible, navigable topics, with ~20 years of in-house experience in risk management ranging from university laboratories to European transportation unicorns, there is little I haven't been exposed to or problems I haven't had to solve for.Particularly keen to speak to people in the European VC and Family Office communities around their approaches to using operational risk and insurance management as a metric in investment decision making. If it isn't something your currently doing, I'd love to understand the rationale.
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Head Of Future MobilityEaviLondon, Gb -
Fractional Consultant In Risk And InsuranceShared Advisory Sep 2023 - PresentRemoteMember of the Shared Advisory Panel, featuring experts from across the professional spectrum. We are focused in supporting sharing economy and marketplace startups to build out their professional functions through agile and resource efficient engagements. -
Advisory Board MemberMarketplace Risk Dec 2022 - PresentLondon, England, United KingdomProviding advice and guidance to our community through participation in programs, events and production of digital content. Supporting expansion of our global audience and fueling our mission to help startups successfully launch, grow and exit. -
Group Head Of InsuranceBolt Feb 2021 - Feb 2023London, England, United KingdomRecruited to lead the development of an insurance function within leading European transportation scale-up. Supporting group to transfer corporate risk in line with financial appetite and develop innovative insurance solutions to support platform users.Engaging with executives, vertical management, finance, and product teams to explain risk landscape, challenge misconceptions around insurance and risk transfer, and implement insurance solutions that support the continued growth of the company..Managed covers:- General Liability- Directors and Officer Liability- Rider Liability and Personal Accident- Motor Liability- Property- Cyber Liability -
Co-FounderSterling Capital Advisors Limited Nov 2019 - Feb 2021London, England, United Kingdom
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FounderCoric Ltd Apr 2018 - Feb 2021London, England, United KingdomEstablished consultancy business to provide outsourced insurance management for SME commodities traders across all lines of insurance. Engaged with executives, traders, and finance teams to perform due diligence on insurance arrangements to meet with current and future trading activity.Managed broker and insurer relationships to ensure optimal service and performance for clients.
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Head Of InsuranceEngelhart Commodities Trading Partners Jan 2015 - Mar 2018London, United KingdomManaged the global insurance program for the group including all lines of liability, trade, and credit insurance across all commodities.Engaged with trade desks and structuring teams to perform due diligence for new activities and transactions emanating from across the firm.Education of traders, directors, and office holders on insurance terms, conditions, claims procedures and reporting responsibilities.Managed covers:- Marine Cargo and Storage- Trade Credit and Structured Credit- Crime- Political Risk- Cyber Liability- General Liability (inc. Environemental) -
Senior Insurance ManagerEd&F Man Jan 2014 - Dec 2014London, United KingdomManaged the global insurance program for the company including engagement with brokers, underwriters and TPA.Engaged with desks and structuring teams to perform due diligence for new activities and transactions emanating from across the firm.Education of traders, directors, and office holders on insurance terms, conditions, claims procedures, and reporting responsibilities.Managed Covers:- Marine Cargo- Trade Credit and Structured Credit- Political Risk- Property- General Liability- Directors and Officers- Charterers Liability -
Senior Insurance AnalystMarsh Mar 2013 - Dec 2013London, United KingdomProduced analysis on Marsh’s Marine and Property portfolios to support underwriting analysis for Berkshire Hathaway.Project: Developed visual basic script to automate process of report creation, achieved a 60% reduction in processing time and overall reduction in errors due to elimination of manual processes. -
Insurance AnalystIsn Jan 2012 - Mar 2013London, United KingdomProvided insurance review and verification services to clients supporting their vendor and supplier analysis.Project: Developed visual basic script to for data entry process, delivering 10-fold reduction in processing time -
Insurance ManagerMalca-Amit Oct 2008 - Jan 2012Hong Kong And GermanyManaged Group’s suite of trade and operationally related insurance covers, including a binding authority on behalf of Lloyd’s of London.Overhauled claims management system and process achieving a 4 fold reduction in the time taken to produce claims renewal data.Optimised retention of risk on liability covers delivering 40% reduction of total cost of risk.Managed and administered the following covers, including claims:- Marine Cargo Binder (including Trade Show Exhibition Cover)- Goods in Transit Liability- Directors and Officers- General Liability -
Insurance BrokerMarsh & Mclennan Companies Sep 2006 - Oct 2008United KingdomGeneral Specie Placing Broker managing a portfolio of client insurance placements within the Fine Art and Specie market.Secondments in Professional Indemnity, Casualty, FINPRO and Environmentl Liability.
Frequently Asked Questions about Phillip Watkins
What company does Phillip Watkins work for?
Phillip Watkins works for Eavi
What is Phillip Watkins's role at the current company?
Phillip Watkins's current role is Head of Future Mobility.
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Phil Watkins
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