Risk consultancy of the Year, Crowe
With more than 450 insurance industry clients – ranging from commercial, mutual and captive insurers - Crowe provides a number of risk consulting services including enterprise risk management, third-party risk, regulatory compliance and governance, risk and compliance.
And it is the consultancy's achievements that made it stand out for InsuranceERM's judging panel.
Among its initiatives to encourage knowledge sharing and best practice on risk management in the industry, Crowe has established a non-executive directors (NEDs) Club, which brings NEDs together to debate topical issues in the industry.
Crowe's managing director Justin Elks believes one key differentiator is the fact the company has a diverse team of people.
The team is also committed to giving back to communities. Daniel Bruce, partner, is a member of the Institute and Faculty of Actuaries' Risk Management Board and chairs its Research and Thought Leadership subcommittee.
Lloyd Richards, an actuarial manager who has also won InsuranceERM's 2020 young risk and actuarial professional of the year, is a guest lecturer at Queen Mary University on the Actuarial Professional Development module.
InsuranceERM's judges were impressed by Crowe's engagement of the team in wider areas outside those directly related to the commercial practices of the business.
Elks says: "We have a very good insight of the industry, its concerns, challenges and particular characteristics."