A broad remit, no firm plans, four months in thinking, why do I do this? Why do I give up that really good job?

Hello, welcome back or this is your first time joining us.

Well, I'm delighted you've found us.

Now, from time to time, we hear about the idea that insurance brokers, like intermediaries

and many industries, have no future in insurance and capital is going to go directly to

the client. Well, we certainly seen examples of that in retail insurance.

Direct Lyme was founded in the UK in 1985 and the rise of the aggregators happened a decade later.

And of course, some of the largest European reinsurers have been working directly

with their insurance clients for decades, maybe even centuries.

But when it comes to complicated insurance covers, brokers are likely to have a vital role to play

for many years to come, although of course every one of them today knows that their business model

needs to shift from purely transactional role to providing advice to increasingly offering analytics and data.

This week I'm talking to Barnaby Rugbrice, CEO of Hyperion X.

Barnaby pivoted from a successful career as a broker himself into leading the technology division of the fast-growing

high-peering group, one of the four units and the only one that's not focusing

directly on underwriting or broking. You can find out how and why Barnaby changed roles during

our discussion. It was a great opportunity to learn how a leading broker is shifting,

or should I say expanding, it's offering very much with its customers' needs in mind.

As always, there's a lot in here, but if you, like Richard, one of our regular listeners

are in the habit of taking me and my guests with you on your run, then I've got some good news.

You no longer need to stop and jot down the great insights I uncover.

We're also writing these up as

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