Thomas Buberl
The Reformer
Changing the system from inside it, principle turned into change.
Thomas Buberl reads as The Reformer because he has treated AXA not as an institution to defend but as a design problem to solve. He pivoted the insurer away from life savings products toward health and property casualty, divested AXA Financial to sharpen the portfolio, and reoriented the business around climate risk and preventive health. Buberl does not disrupt for its own sake. He rebuilds with operational rigour and a long horizon.
“I started with eighty percent life insurance and we are now at twenty percent life insurance, having kept the same revenue, which meant that we had to do a lot of transactions.”
“In a highly volatile and highly unpredictable environment, it is important to take a strategy of low risk. We are the biggest insurer now of enterprises across the world and we want to scale up this business more.”
“I project myself in a world now in which we see many many more of these crises happening and we need to deal with it.”
The David Rubenstein Show: “Thomas Buberl”
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