Rupert Atkin’s three decades in the Lloyd’s market were recognised last night when he was handed the lifetime achievement award at Insurance Day’s London Market Awards.
Atkin, best known for his long leadership of Talbot having founded syndicate 1183 in 1991, was hailed as a “stalwart defender of the values of the Lloyd’s market” as he received the award.
As well as his long tenure with Talbot, Atkin’s award recognised his market-wide efforts. During his long career he has chaired the joint war risk committee and the Lloyd’s Underwriters Association.
More recently, he chaired the Lloyd’s Market Association and he became deputy chairman of Lloyd’s in February 2014.
“As somebody who has worked in the Lloyd’s market all my career, I can’t tell you how chuffed I am to be receiving this award tonight,” Atkin said.
He thanked the brokers and reinsurers who have supported Talbot throughout his career, as well as his Talbot colleagues.
The London Market Awards also recognised the pioneering efforts of Hamilton’s Brian Duperreault, who received the Industry Achiever award for 2016. Duperreault was rewarded for Hamilton’s efforts to transform the underwriting process, demonstrated by the work his company has done with data science and predictive analysis, which has led to a joint venture with AIG. He was also recognised as a champion of diversity within the insurance industry and for his involvement in the DiveIn festival.
The judging panel awarded two winners of the Rising Star of the Year award. Giacomo Favaron, GIS data officer at XL Catlin, was recognised for bringing a fresh perspective to his employer and the market through his expertise in geographic information systems. And Kurt Cripps, global head of weather re/insurance at Aon Benfield, won for his efforts in developing a series of innovative products that included solutions for weather insurance, the airline industry, and extended warranty cover for smart technology.