Alex Gedge
Business development & captives executive
JLT
Personal bio: I am originally from Birmingham and have a large family with lots of cousins. I enjoy all sports: last year I camped out for Wimbledon tickets, I also play hockey and squash, and I’m working on my golf swing. I am on the associate board of the Insurance Industry Charitable Foundation offering grants for projects focussed on social mobility.
Professional profile: Currently I work at JLT in London to support JLT Insurance Management in their captive consulting and business development. I work with corporates engaging in a full spectrum of captive services, from feasibility studies and captive setups, through to strategic reviews to increase effectiveness and helping captives to align their risk management and financing strategies with their parent company, through to captive disposal. Before joining JLT in September, I worked in the Captive Consulting team for Willis Towers Watson, and at Ecclesiastical Insurance Group. am ACII qualified (working towards fellowship now), with an additional qualification in Captive Insurance Management. I studied Economics and Politics at the University of Southampton.
How did you end up in the captive industry?
Sheer good luck; I knew I wanted to work in insurance so went for a job at Willis which turned out to be a captive role — I had to google what a ‘captive’ was beforehand — and it sounded like a good fit. There’s a variety which keeps it interesting; it’s the right mixture of analytics, strategy, and dealing with different people and industries.
What is your impression of the industry?
It’s a great industry to be in. As each client and captive is so different we get to work with a wide variety of people and do wide-ranging work.
What are your aspirations for your career in the captive industry?
Work with more captives, set more up, see and be involved in more developments, be it insurance-linked securities, technology, or external regulation.
What advice do you have for someone considering a role in the industry?
The best thing you can do is meet as many people as possible, and ask a lot of questions. Most people are incredibly friendly and happy to help.
Steve Arrowsmith, CEO, JLT Insurance Management “I am delighted to offer our clients and prospects strategic captive advice using the expertise of Alex Gedge. She helps us increase our focus on offering captive management to our clients through expanding our consulting initiative through in-house expertise.”
