2023 Break Out Awards NORTHEAST SOUTH MIDWEST WEST
EVELYN KIM Director, strategic solutions and innovation
Aon PLC
Chicago
With a background in accounting, Evelyn Kim didn’t know much about insurance when she landed in Bermuda after college on a three-year contract with PricewaterhouseCoopers International Ltd. as a captive insurance auditor. When her contract was up, she wasn’t ready to leave the island or the industry and became a senior account executive managing captive insurers for Aon Bermuda. She now leads Aon’s newly formed strategic solutions and innovation team in Chicago.
What’s your advice on navigating the current insurance market?
Expect the unexpected because anything can happen. Enterprise risk management is all about expecting a 1 in 100-year event to happen and not discounting far-fetched ideas. You have to be realistic and pragmatic but be open to changes and curious about what’s happening and ask questions.
How are technological advances affecting your job?
Captives have been at the forefront of technological changes. We’ve worked with a lot of tech companies on the West Coast who don’t know the insurance industry or that carriers aren’t known to be flexible and nimble and quick. Captive insurance can plug that gap and offer a flexible tool.
What do you wish more people knew about insurance?
Insurance gets a bad rap. There is always something new — a new risk, new ways to quantify and new ways to mitigate the risk. It’s as fast moving as it can be and exciting.
Favorite hobby or pastime?
I love watching documentaries. And I enjoy hosting events at my home and bringing people from every walk of life together.
Favorite song?
I have a favorite genre. Growing up in Toronto, I lived in a very diverse community with people from the Caribbean and listened to soca music. Anytime I’m in the car I blast it — it’s just happy music.
