Board of Directors Governance & Rewards: Case Study #2 Insurance Company Board Reasserts Itself
|This Case Study examines Aspect Insurance (AI), a specialty reinsurance firm. It is a mature company in a mature industry. The chairman of the board recently retired and a new chairman has taken over the role. He was uncomfortable with the contribution that the board was making to the governance of the company. He also felt that AI was under performing compared to its potential. Grahall was called in to help. Read on to find out what happened.