Remembrances & Leadership Touch Points of 9/11 🌇 2001⏳2021
Play • 24 min

In Life & Leadership, September 11th, 2001, remains one of those impactful events that affected leaders worldwide. Bermudian, Joe Rego, 🇧🇲CEO with 30+ years in the business of strategies managing the consequences of catastrophe on the riskscape, shares his insights arising from his experience of 9/11 being at ground zero. 

Joe relives being in New York City on business. From a morning business meeting one moment to walking on the streets out of the Financial District of Lower Manhattan in clouds of smoke 💨 dust unable to communicate with business colleagues or family. 

Imagine, how he felt, less than 2 hours later, standing on 🛣️ the 59th Street bridge around 10:30 am on looking back at a distressed city as the South tower, where his co-workers were, of the World Trade Center collapsed.

Knowledge Bomb

There are many unknowns. Here are some of what’s known following 9/11:

Leadership

  • Bermuda Insurers paid out ACE (US$298m) and XL (US$67m) contributed to an estimated overall payout of US$47b.
  •  The aggressive attraction of substantial startup capital led to the formations of Allied World and Aspen (class of 2001) to provide market capacity after 9/11.
  • New entrants such as the class of 2001 provide alchemical opportunities like liquidity, new combinations of skilled technicians like underwriters and risk strategists, innovative products and services, market evolution if not disruption. 

Life Focus 

  • Balance ⚖️ re-balance;
  • As much on your personal wellbeing, your family and all the other joys of life; and
  • We live complex lives, have responsibilities, set priorities, and adjust those priorities as we need to.

Mentions

About the Guest

Joseph M. Rego, the President & CEO of the Bermuda Global Broking Center of Commercial Risk Solutions Aon.

About the Show 

Life & Leadership: A Conscious Journey with Michelle St Jane, a podcast for Global and Re-Emerging Leadership creating community/tribe, a circle of influence, transcendency of compassionate leadership in the world and wider universe. 

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