Are you an insurance executive looking to take your business to the next level? Look no further than Thomas Carroll Group’s recent executive committee appointments. The company has made three key promotions to its ExCo, including Dougie Spencer as Sales Operations Director, Greg Edwards as Sales Director, and Natalie Sankala as Director of Change and Innovation. All three will also join the company’s Executive Committee as part of its ongoing succession plan, following its transition to an Employee Ownership Trust (EOT) in 2023.

In this how-to guide, we’ll explore the lessons we can learn from Thomas Carroll’s recent appointments and how you can apply them to your own insurance business.

Step 1: Focus on Consistency and Efficiency As Sales Operations Director, Dougie Spencer will be responsible for sales processes for the whole of the Thomas Carroll Group, focusing on maximizing consistency and efficiency across all regions. This is a crucial step in building a successful insurance business. By streamlining your processes and ensuring consistency across all regions, you can improve customer satisfaction and increase your bottom line.

Step 2: Set Ambitious Targets for Growth As Sales Director, Greg Edwards is responsible for all new business and meeting the company’s ambitious targets for growth. This is another key lesson for insurance executives. To build a successful business, you need to set ambitious targets and work tirelessly to achieve them. This requires a combination of strategic planning, hard work, and a willingness to take risks.

Step 3: Embrace Innovation Natalie Sankala, Director of Change and Innovation, is responsible for aligning the work of TCi Futures with the rest of the Thomas Carroll Group. This is a crucial step in embracing innovation and staying ahead of the competition. As an insurance executive, you need to be constantly looking for new and innovative ways to improve your business and better serve your customers.

By following these three steps, you can build a successful insurance business that is poised for growth and innovation. And if you’re looking for a partner to help you develop parametric insurance solutions, look no further than Riskwolf. With Riskwolf, you can turn real-time data into insurance. Using unique real-time data and dynamic risk modeling, we enable insurers to build and operate parametric insurance at scale. Simple. Reliable. Fast.

To learn more about Thomas Carroll’s recent executive committee appointments, check out the original article by Lisa Baker, Editor, Welsh Business News & News from Wales, at https://newsfromwales.co.uk/thomas-carroll-makes-three-key-appointments-to-its-executive-committee/.