Daily news service
Founder of the Next Generation Insurance Network (NGIN), Jake Hickinbottom has accomplished a great deal since joining the industry five years ago. Currently at Marsh, Hickinbottom works on the firm’s specie team, focusing on cash-intransit, securities, investor protection and cryptocurrency lines of business. Hickinbottom personally developed a new line of business, cryptocurrency cold storage insurance by working closely with Lloyd’s of London, Lloyd’s underwriters and Marsh’s legal team. Hickinbottom established new wording for the product and has travelled internationally to integrate himself into the cryptocurrency ecosystem. Aimed at empowering young professionals, Hickinbottom formed NGIN in 2012 and serves as the organisation’s executive chairman. Focused on bringing together young insurance professionals and helping new entrants into the market, NGIN currently has over 1,500 members, recently launched a mentor scheme, and works with key sponsors to help improve its offerings to members.
“A lot of individuals enter the industry and immediately notice how much could be done to improve the way in which we work. But after a while they stop challenging the status quo and start adapting to the mould. I would say don’t stop trying to make a difference as the industry will need to change and you could be at the forefront of it.”
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