Book review: Risk & Reward by Stephen Catlin
When Stephen Catlin entered the insurance industry in 1973 after
failing to make it to dental school, Lloyd's was rife with
"cerebrally challenged" toffs and unscrupulous East End
"barrow boys".
Standards were sloppy, regulation was loose and green-suited
claims brokers were considered the lowest of the low.
In the four decades that followed the London market changed
beyond recognition, with Catlin himself contributing to that
transformation. In that time, he built his own underwriting
business
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