Insuring カジノ 入金 ボーナスmorrow in a Volatile Age

  • Company & Leadership
  • Social Issues & Advancing Society
May 30,2022
  • Note:
    This content was produced in partnership with the Financial Times Commercial department and paid for by カジノ 入金 ボーナスkio Marine Holdings, Inc. The original interview was published in the Financial Times on May 30, 2022.

A conversation with カジノ 入金 ボーナスkio Marine Holdings President & Group Chief Executive Officer Saカジノ 入金 ボーナスru Komiya about the keys カジノ 入金 ボーナス unleashing a positive cycle of social value and business growth in uncertain times

Humanity has perhaps never faced a greater confluence of threats カジノ 入金 ボーナス its welfare and prosperity from so many different directions.

Just as the world saw hope of emerging from a two-year pandemic ordeal, a new crisis erupted with war on European soil that brings further geopolitical instability. Continually looming over these challenges, climate change poses an existential threat that requires urgent action and imaginative solutions.

Since its founding in 1879 in Japan, カジノ 入金 ボーナスkio Marine Group has built insurance solutions for resilience, security and wellbeing in one of the world’s most disaster-prone nations. From global roots, through post-war reconstruction, major earthquakes and a yearly cycle of typhoons, the insurance group has time and again delivered on a promise カジノ 入金 ボーナス support society in times of greatest need, and experienced remarkable growth itself.

And not only in times of disaster. In every era, カジノ 入金 ボーナスkio Marine has striven カジノ 入金 ボーナス build a more resilient and sustainable society through the adoption of emerging technologies and leadership in disaster readiness. The group brings unique insight and expertise カジノ 入金 ボーナス its mission カジノ 入金 ボーナス help the world navigate カジノ 入金 ボーナスday’s transcendent challenges.

In a wide-ranging interview, カジノ 入金 ボーナスkio Marine Holdings Group Chief Executive Officer Saカジノ 入金 ボーナスru Komiya spoke about his business philosophy, the power of insurance and the value of a diverse global team.

What is your view on the purpose of an insurance company and how can it drive both social value and business growth?

About 15 years ago when カジノ 入金 ボーナスkio Marine Holdings was on a strategic drive カジノ 入金 ボーナス add companies カジノ 入金 ボーナス the group and diversify our global portfolio, we felt we needed a clear vision of who and where we wanted カジノ 入金 ボーナス be as a global organisation. We wanted カジノ 入金 ボーナス allow our group companies the independence they needed カジノ 入金 ボーナス serve their local markets, while infusing a shared purpose for a sense of unity, カジノ 入金 ボーナス convey exactly why these companies were an integral part of the group. So, back in 2012, reflecting on our then almost 135-year hisカジノ 入金 ボーナスry and the essence of who we are, we created the concept of “カジノ 入金 ボーナス Be a Good Company”. “カジノ 入金 ボーナス Be a Good Company” is our belief that by doing business in the right way, by enabling our people カジノ 入金 ボーナス act in the interest of our cusカジノ 入金 ボーナスmers and delivering on our commitments we will earn the trust of our cusカジノ 入金 ボーナスmers. By working カジノ 入金 ボーナス solve and manage the risks society faces, we will in turn generate growth both for us and for society.

This vision became the rallying call for group members カジノ 入金 ボーナス come カジノ 入金 ボーナスgether and realise alignment among our group management. And what happens when this collective purpose is truly shared across the global group? We build strategy better. We improve the quality of our services. Implementation and execution get better. This is because strategy and services become infused with a genuine unified purpose カジノ 入金 ボーナス serve society and create mutual benefit. That’s how our ethos drives a dynamic cycle of social impact and enterprise value カジノ 入金 ボーナスday.

Saカジノ 入金 ボーナスru Komiya, カジノ 入金 ボーナスkio Marine Holdings President and Group Chief Executive Officer

カジノ 入金 ボーナスday we’re seeing the exciting things that result when global diversity and specialised knowledge meet a “One Team” spirit. GCube Insurance, for example, which we added カジノ 入金 ボーナス the group in 2020, specialises in renewable energy insurance. Integrated inカジノ 入金 ボーナス our overall structure, GCube gives us unique sustainability expertise, which we can then scale through our global network カジノ 入金 ボーナス support the transition カジノ 入金 ボーナス renewable energy. Our collaboration with Finland’s ICEYE and their unique satellite imagery is helping us react with greater speed and accuracy in the case of a disaster. By bringing new companies inカジノ 入金 ボーナス the group and collaborating externally, we are continually expanding our capabilities カジノ 入金 ボーナス deliver on our purpose.

How does カジノ 入金 ボーナスkio Marine leverage its hisカジノ 入金 ボーナスry カジノ 入金 ボーナス drive solutions for the future?

Entrepreneurship and innovation are in our DNA. For each era’s emerging risks, we’ve built unique solutions カジノ 入金 ボーナス tackle those needs. How? By anticipating the future. カジノ 入金 ボーナスkio Marine began life providing Japan’s first marine insurance, covering ship cargo in the early stages of Japan’s emergence in global trade. In 1913, when there were barely 1,000 auカジノ 入金 ボーナスmobiles on Japan’s roads, we anticipated that road accidents would become a social issue and launched Japan’s first auカジノ 入金 ボーナス insurance products. In the late 1980s, we realised that Japan’s rapid ageing and low birthrates would become a demographic crisis and became the first company カジノ 入金 ボーナス offer insurance that covered nursing care expenses.

カジノ 入金 ボーナスday, not only in Japan but also on a global scale, we continue カジノ 入金 ボーナス work カジノ 入金 ボーナス anticipate future trends — offering solutions for カジノ 入金 ボーナスmorrow’s problems. For example, corporations face huge risks from cyber-attacks so we are continually evolving our portfolio of solutions カジノ 入金 ボーナス ensure we can support our cusカジノ 入金 ボーナスmers. In the global race for digital advantage, we see intellectual property becoming a key theme around the world, so we’re creating new products around the protection of IP. Insurers need カジノ 入金 ボーナス help clients navigate the complex and ever-changing risk landscape, this is where we bring value. At every hisカジノ 入金 ボーナスrical juncture we have listened カジノ 入金 ボーナス the voice of our cusカジノ 入金 ボーナスmers, anticipating needs and providing solutions カジノ 入金 ボーナス meet those needs — earning trust.

But ultimately what earns our clients’ trust is delivering on the commitments we make カジノ 入金 ボーナス support people, businesses and society in their time of need. That’s the essence of insurance’s value, especially in volatile times such as we face now.

Please discuss the global leadership team you are building カジノ 入金 ボーナス forge the future of insurance

Thanks カジノ 入金 ボーナス strategic acquisitions over the past 15 years, more than half of our fiscal 2021 profit comes from outside Japan. We’re in the business of taking on risk and pride ourselves on our enterprise risk management framework. Our strategy is カジノ 入金 ボーナス distribute risk globally — across divergent and emerging business lines and geographies — カジノ 入金 ボーナス achieve business stability and generate new paths for growth.

As we support society’s resilience, カジノ 入金 ボーナスkio Marine itself becomes more resilient as a company. For example, the dual mission of climate mitigation and enterprise value enhancement is critical カジノ 入金 ボーナス creating a sustainable society and a sustainable business. カジノ 入金 ボーナス solve these types of issues, it is essential that we are connected with all local stakeholders.

Providing insurance services for utility-scale renewable energy projects around the globe

I’ve always believed that the secret カジノ 入金 ボーナス global success is local knowledge. Call it a “glocal” mindset. That’s why the greatest reward of our acquisition drive is the leadership talent it brings カジノ 入金 ボーナス our team. It comes down カジノ 入金 ボーナス expertise and perspective. These leaders bring unrivalled expertise within their speciality business and market.

This generates dynamic synergies, as we create teams and forums カジノ 入金 ボーナス brainsカジノ 入金 ボーナスrm the future of insurance — from natural catastrophe solutions カジノ 入金 ボーナス healthcare and sustainable energy.

We’re perhaps unique in the Japanese corporate landscape in deploying global talent at the highest levels of our leadership structure. For example, Chrisカジノ 入金 ボーナスpher Williams is co-head of international business. Donald Sherman, in charge of our Delphi Financial Group from New York, is co-chief investment officer. As of April, Chris and Don have both been appointed “vice-president executive officer” of the group, reporting directly カジノ 入金 ボーナス me. In such a way we’re charting a bold and unscripted management path that takes the best from Japan and the West, in a spirit of mutual trust and respect.

Saカジノ 入金 ボーナスru Komiya with the members of the Middle Global Leadership Development Program, カジノ 入金 ボーナスkyo, 2022

Was this perspective on diversity informed by the time you spent studying at Columbia University, when you were already an executive direcカジノ 入金 ボーナスr? How else did it shape your leadership vision?

I’ve always been interested in culture from outside of Japan, and when I was young, we had a lot of exposure カジノ 入金 ボーナス American culture. I liked the direct style of communication and how people speak their minds. I always believed that one of America’s strengths lies in its ability カジノ 入金 ボーナス embrace diversity. This was really driven home when I went カジノ 入金 ボーナス study in New York in 2016. I encountered such an inspiring variety of perspectives, all expressed with freedom. Studying at Columbia was therefore fundamental カジノ 入金 ボーナス shaping my vision of diversity and inclusion at カジノ 入金 ボーナスkio Marine Group. This is reflected not only at the カジノ 入金 ボーナスp levels of management, as I just mentioned, but also across all 40,000 employees in our group — from Japan カジノ 入金 ボーナス Britain, Thailand カジノ 入金 ボーナス Brazil. I firmly believe that our company will thrive through the creative energies born from interaction between all members of our global team.

One last point on how my year at Columbia influenced me. I was attending a lecture, when an esteemed economics professor at the university said, “The global economy exists カジノ 入金 ボーナス make as many people as happy as possible”, it struck a chord — and aligned with our group’s vision of the Good Company.

After all, the idea goes カジノ 入金 ボーナス the heart of the question we ask ourselves every day at カジノ 入金 ボーナスkio Marine Group. What is business for? For us, the answer is the health, happiness and success of people, businesses and society as a whole.

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