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Spotlight on… Katie Crook-Davies

Katie Crook-Davies, Managing Director of consultancy, Tabei, and co-host of The Risky Mix Podcast, tells us all about life and health insurance and her mission to improve inclusivity in the insurance industry!

  1. What is your role since leaving corporate life?

I’m the Managing Director of Tabei, a consultancy supporting the life and health insurance sector across proposition development, actuarial and data science and marketing.

  1. How long have you been a member of Camelot?

Since mid 2019.

  1. Are you a leader or a member of a ThinkTank? If so, why and what do you get out of it? Or hope the industry gets out of it? 

I’m a member of the Inclusion and Diversity Think Tank. D&I is a particular passion of mine and I’d love to be able to play a role in creating a more inclusive insurance industry – removing barriers for underrepresented groups and embracing diverse perspectives. In fact, I even co-host a podcast – The Risky Mix, where we talk about exactly this topic!

We’ve come a long way, but there’s clearly lots of work still to do around D&I and I look forward to seeing where the Think Tank discussions take us.

  1. Area of expertise?

Proposition development, actuarial, marketing.

  1. Highest/proudest most recognisable previous role?

National Account Manager at Vitality (possibly the first actuary to join the ‘dark side’ of sales… but don’t quote me on that 😉).

  1. How long have you been doing this subject/area?

10 years.

  1. Please can you provide some examples of recent projects that you’ve worked on?
  1. What is your unique selling point? What makes your business approach unique?

Tabei combines 20+ years of actuarial expertise with a keen eye for marketing and customer experience – a combination I believe is essential in delivering life and health insurance solutions that customers really want!

  1. Can you name one professional high point from the last 12 months and what made it so good?

Leading a project to develop propositions for a well-known global insurer – an insurer which truly wants to do things differently and doesn’t just talk the talk when it comes to customer-centric design, they walk the walk! It’s been a refreshing experience and an exciting project to be part of.

  1. We need to talk about…? What is, or what should be, hot on the industry’s lips in your view?

Of course, it has to be diversity and inclusion! We need to get uncomfortable topics on the table, normalise them and create safe spaces for everyone to discuss openly. And of course, it’s not just the right thing to do, it makes absolute business sense – it’s really time to make D&I a strategic business priority!

  1.  Please describe a challenging work scenario and how you resolved it?

Naturally, being self-employed, I wear many hats and am often juggling multiple work priorities at any one time. I find this situation can fix me in the ‘doing’ and the day-to-day work, sometimes taking focus away from the bigger picture and important business strategy work. I’m continuously working to better manage this but it’s certainly a work in progress. For me, it’s never easy to say ‘no’ to things!

  1. What should everyone be reading/listening to?

A shameless plug, but check out https://riskymix.uk/ if you’d like to learn more about D&I and hear thoughts from experts in this field on the work we can all do to make our industry a nicer place for everyone!

  1. Do you have any words of wisdom for us or a short phrase that sums up your ethos?

Do work that excites you, surround yourself with people who energise you, don’t calibrate to others’ measures of success, write your own story and, above all, never undervalue your skills and experience!

  1. Do you have a Favourite quote?

“Let go of who you think you’re supposed to be; embrace who you are.”Brené Brown

  1. Any professional goals for the upcoming year?

I think this is a goal for many consultants, but my big goal is to work towards developing a more scalable business model – whatever that looks like! But beyond this, I’d simply love to have more of the same! The first two years of Tabei have exceeded all expectations, and long may that continue…

  1. Why are you such an asset to the industry & the network?

My 10-year tenure in life and health insurance puts me in a unique spot as an independent consultant – I’ve developed a solid actuarial grounding in the sector and specialist technical expertise yet I’m also at an early enough stage that my thoughts and behaviors flow freely – I’ve not been shaped by decades in the corporate world, and instead present with fresh ideas and approaches that haven’t been tried before.

Katie’s experience and technical know-how meant that she delivered work to a high quality. Katie was a trusted pair of hands, an absolute pleasure to work with and far exceeded my expectations.
Claire Kelly – Head of Protection Product, LV=
  1. Why does your area of expertise need to be spotlighted?

As in many industries, I believe success comes from designing great products, pricing competitively and marketing effectively and this couldn’t be more true than for life and health insurance – products that are notoriously difficult to sell. 

Great proposition and customer experience, actuarial pricing capabilities and simple, jargon-free, communications will be a winning combination in this space – and it’s these three pillars that we specialise in at Tabei.

  1. Most importantly what are 2 or 3 tips or ‘give aways’ that you can give to fellow consultants?
  1. And… Last but not least, how does being a member of The Camelot Network help you/or add value to your business?

The life of an independent consultant can be a lonely one, but Camelot has allowed me to meet so many like-minded individuals from across insurance who are facing, or have faced, very similar challenges.

I’ve been able to get invaluable advice and guidance from more established consultants, which I’m extremely grateful for, and hope to be able to do the same for the fresh talent entering this space.

KATIE CROOK-DAVIES

Further reading

To find out more about our members and how we can create your perfect solution, contact David Clamp: