Year End Roundup
The year that is past is rapidly drawing to a close and for most, I’m sure the imminent festive season could not come soon enough. It’s been a long year with many changes and challenges and a well deserved break is mandatory. I would like however to open this issue with an expression of my sincere gratitude to everyone in the Camargue Group and our insurance partners, Mutual & Federal and Lloyds' of London as well as our risk managers for their support, professionalism, dedication and hard work that have been the hallmarks of 2011 and the fruits of this service delivery ethic are evident in our collective successes.
With this setting the scene, it’s an ideal time to look back and reflect on achievements. I want to touch on a few highlights of the year where I have been especially proud of what has been accomplished, while also considering what we still need to achieve moving forward.
At the outset it’s worth repeating that despite a global economic crisis, the insurance industry has been the exception to the rule and continued to grow. Camargue itself is still experiencing exponential growth which in part is due to our niche positioning in the market and the very specific policies we write. Further, we are expecting to exceed targets of gross written premiums; an exceptional achievement of which we can be most proud. This is not something we have achieved by accident and is indicative of the caliber of person working at Camargue. Another high is that our CGL division has
experienced 100% growth – the result of a committed team effort.
A year of highs, we have achieved other significant milestones, each a reason to celebrate: the commemoration of 10 years of
operation, the merger of two great businesses, our relocation to new premises which brought our expanding team under one roof and the opening of our newly renovated Camargue House. Additionally, 2011 saw the much anticipated launch of Camargue’s new Broker Liability Academy. As if that were not enough, we unveiled our new more modern corporate identity which is representative of our movement into new domains, the birth of new ideas, innovation and development of new products. It also marked the formation of our expanded Group and increasingly our new pay offline “The Power of Knowledge” will be seen in media spreads and in the news.
Given current headwinds in the global and local economy, we must ensure that going forward into 2012, we all work together to develop our industry and our Group. Our focus for the year ahead remains on actively managing our client’s risk, while continuing to strengthen our relationships with all our various communities to enhance the performance of our Group. Not
forgetting the need to continue to pull and work together as a team while we continue to build our new brand in the market.
Enjoy this round up for 2011; it’s all good news and a reminder of how much has been achieved in recent months. In closing, as you know we remain open through the festive season and so to those who will continue to man the office during the
holidays, thank you.
Best wishes for the festive season and drive safely when you are on the roads.
Mitch
