Juan de Castro

speaker

569 appearances 7 recordings 1 series first heard Jun 2026 last heard 11 Aug

Juan de Castro’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 7 in all, peaking in Jul 2026 with 3.

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Making Risk Flow | The Future of Insurance · Lead, Follow, or Fall Behind? Positioning for Success in the Insurance Market | Greg Brown · 16 Jun 2026 podcast

Right.

So anywhere in between it feels like.

Have you ever seen like anything that works or that is not either one or the other?

Yeah, yeah.

My point was less I don't think it requires a different legal entity, but it does require a decisive selection of who you are by line of business.

Right.

You need to say, okay, this line of business we are clearly we wanna be a leader or true leader or capacity leader or we wanna be a follower, and then defining the operating model at least for that line of business in that way, right?

Absolutely.

Which is I would say

probably five, ten years ago, that was not the case, right?

In many syndicates with lines where they were doing a bit of there would actually be more of a follow one, but with a lead operating model.

Hundred percent.

So if you think about the almost the fundamentals of insurance, which is like you should shape your portfolio and the size of your book depending on the market cycle, you should be willing to shrink your book in a soft cycle because you might not find the right profitable risk and you might want to grow it aggressively on a in a hard market.

Would you agree that a follow operating model approach actually is better suited for that?

approach of being able to grow and shrink as the market conditions change.

But I would assume in a in a lead capacity, it's much more difficult and challenging to do.

And then you've sized the team to the size of the book.

So whereas in a in the follow capacity, there's less of a correlation between the size of the book or the line and the team of people that you need to lead it.

So that makes sense.

So it it's great to hear kind of the progress the market is making on this, going towards some clearer segmented operating model.

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