InsurTech Magazine May 2022 | Page 19

“ I ’ ve had some bad bosses , my kids have had some terrible bosses , and the effect having a bad boss has on your life is amazing ”

was with Churchill . He then discovered that , to his surprise , the car insurance industry was exactly the type of career he wanted to pursue .
His natural aptitude for the field saw Engelhardt spend a further two years at Churchill , before being headhunted by Lloyds of London . Lloyds offered him the opportunity to launch and lead a new company in the sector , which would go on to become Admiral .
Work life balance priorities From the outset , Engelhardt made sure his team understood that he was not a workaholic-style boss and that kind of culture was not something he would entertain in this company .
The formula struck a chord with his colleagues and Admiral Group , which was founded in 1993 . At the time , it was a tiny startup with just five staff and a lot of vision . Initially , it offered car and home insurance , while also launching the UK ' s first insurance price comparison website .
After almost 30 years at the helm , Engelhardt stepped down as Admiral Group ’ s CEO in May 2016 . Today , the company turns over US $ 4bn annually and is considered one of the world ’ s leading car insurance companies .
Still a keen advocate for a healthy work culture , Engelhard continues to be a part-time employee , mentoring senior managers and taking part in the company ’ s MBA recruitment drives .
A family man Still married to Diane , the couple have four now-adult children . He continues to reside in the UK , settling in Wales .
Since living there , he and his wife , Diane , have developed

£ 1mn

Amount donated to charity the Moondance Foundation to support causes across Wales , including education , healthcare , poverty , and the arts . insurtechdigital . com 19