April 2022 | The ICISA INSIDER
| Interview
Member in the spotlight: Insurety
An interview with Donny Gouveia, Chief Executive Officer at Insurety
Lombard Guarantee has been a long-standing member of ICISA. However, since Lombard Guarantee joined Insurety, now the alliance becomes the representative within ICISA. In the next paragraphs, Donny Gouveia, Chief Executive Director at Insurety, answered the questions we had about Insurety.
Insurety has a presence across Australasian, African and Nordic surety markets. What are the key similarities and differences that you note across these locations and what is it like to work with such a diverse team? The product is obviously similar although we range from issuing unconditional on demand guarantees in Australia to surety guarantees in the Nordics. Our approach and underwriting methodologies are consistently applied and are based on zero loss underwriting principals. We have common counterparties in the various markets, and we aim to provide them with facilities in the various markets we operate in. The markets and operating environments are very different with more underwriting emphasis on the political environments when assessing risks in Africa when compared to more stable economies in Europe and Australia. If you ignore local in-country cultures, the various teams are not as diverse as you may think. People and corporate culture are high on our agenda and we recruit for cultural fit first and ahead of skill.
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Insurety is an alliance of specialist surety teams across 3 continents – Australia, Africa and Europe. The members of the Alliance are Assetinsure, Lombard Guarantee and Nordic Guarantee. Insurety offers standard and customised insurance solutions developed to assist clients in the construction, infrastructure, engineering, transport, mining and energy sectors in our respective regions of operation.
