Richard is a Chartered Risk Manager with over 20 years of experience, including a decade as Group Insurance Manager for a FTSE 100 manufacturer. He now advises boards on risk financing strategies, captive feasibility, and exposure mapping. His expertise ensures businesses align insurance spend with genuine risk appetite and regulatory requirements.
Richard Ellison holds an MBA from Warwick Business School and is a Certified Fellow of the Institute of Risk Management (CFIRM). He began his career in corporate insurance at a global industrial conglomerate, rising to lead the group's insurance function across 40 countries. Richard has designed programmes exceeding £500M in total insured values, negotiating directly with Lloyd's syndicates and international carriers. He is expert in layered coverage structures, building towers of primary and excess liability, and integrating captive insurance vehicles for optimal risk retention. Richard writes to share the strategic perspective that large corporates apply to insurance, making these principles accessible to growing businesses. He addresses topics from risk mapping and exposure registers to insurer solvency analysis and premium allocation methodologies. His insights draw on real boardroom discussions about balancing coverage adequacy with cost control, always anchored in IRM frameworks and current regulatory expectations.