149. Mark Winlow: Bank & Insurance Boards - lessons from the boards of Aon and Starling Bank

Mark Winlow is Chair of several financial services companies, including Aon UK and Redwood Bank. Formerly, he was Audit Chair at Starling Bank and NED at Tesco Underwriting, AIG Life Ltd, and others. Tune in to hear his thoughts on: Three examples where insurance boards have changed the trajectory of their businesses (2:18) Non-execs transitioning to CEO (5:19) Mark’s heuristics for understanding insurance businesses (8:02) Three things every board member needs to understand to add value (12:34) Where board members need to go to understand people & culture (14:50) The relationship between insurance and bank boards and respective regulators (17:37) Why Mark decided to chair Redwood after the entire board had resigned (22:41) Starling Bank - the moment key execs left and founded Monzo (29:55) How Monzo out-marketed Starling (32:44) Why Mark thinks the tortoise strategy will beat the hare (34:05) ⚡The Lightning Round ⚡(40:16) 

Host: Oliver Cummings

Producer: Will Felton

Editor: Penelope Coumau

Music: Kate Mac

Audio: Nick Kold

Email: podcast@nurole.com

Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom