An interview with Paul Corver, the chairman of ARC, the UK trade body for legacy management professionals.
Choose four adjectives to describe yourself
Enthusiastic, impatient, direct and detail-orientated. I’m also rather tall.
Which historical figure do you most admire?
That’s a tricky one. Probably Nelson because of his strategic genius and remarkable leadership qualities in the face of overwhelming odds. He stood firm, got the support of his troops and won through – a bit like coping with the fall-out from an insurer insolvency …
What are you most passionate about when you are not at work?
Lots of things. I’m passionate about gardening and even more passionate about stopping the rabbits that are currently trying to wreck my garden.
More seriously, having lost a child to leukaemia, I feel very strongly about top quality hospice care for children and teenagers. So I was delighted when ARC, as part its 10th anniversary last year, chose CLIC Sargent, which supports children with cancer, and the National Society for Epilepsy, as the focus of for its fund raising.
What qualities do you most admire in other people?
Honesty, humility, humour and directness.
What qualities do you most dislike?
Dishonesty, arrogance and obfuscation. Plus I don’t “suffer fools gladly”…
What is the last thing that completely surprised you?
My children – their achievements and the intelligence they bring to issues far beyond their years. Watching them develop is constantly surprising, in a good way.
How do you unwind?
With a glass of wine and a walk with the dogs around my garden. I have about five acres – mostly woodland and paddock but with an acre of formal garden – to really get to grips with and develop.
“Whose job would you most like to have and why?
Maybe Lewis Hamilton â€“ fast cars, beautiful women and getting paid vast sums for a job you would probably pay to have.
What motivates you on a Monday morning?
The thought that this time there may actually be a seat on the train – a hope that is usually quickly dashed.
Whose job would you most like to have and why?
Maybe Lewis Hamilton – fast cars, beautiful women and getting paid vast sums for a job you would probably pay to have.
What is your biggest regret?
Not having learnt to play golf when I was younger and had the time.
What are you most proud of having achieved?
Getting KWELM to the final stages of its run-off having beaten all expectations about how much could eventually be paid.
It was a ground-breaking project and we managed to pay an average of 87p in the £1 across the five companies when the original expectation was about half of that. Walbrook and El Paso paid their claims in full.
It was a really strong team effort, made possible by the fantastic support we got from the KWELM scheme administrators. I’ve got a lot to thank them for, both in terms of the success of the scheme and personally.
What factors have enabled you to get where you are today?
Dropping out of university (pure maths – aaargh) and being told by my father to get a job. Where else to go but insurance?
The opportunities at H S Weavers and its subsequent run-off created avenues in new territory that helped form the London run-off market that we know today.
Apart from that, I guess I’d have to say hard work and the fact that I really enjoy this sector. It has always given me great job fulfilment.