Patrick Smith

Co-Founder, Executive Director

patrick@tribe-advisory.com

Profile

Patrick co-founded Tribe in 2017 and as Executive Director he is the primary lead of our Advisory business. He has developed our consulting practice and the way in which we support our clients; from end-to-end white labelled insurance management to specific projects such as market analysis, captive viability studies or broker reviews and performance management. 

Career Overview 

Patrick is a risk and insurance professional and has enjoyed an extensive leadership career with large corporate firms, third party administrators, insurers and intermediaries. As an independent specialist consultant, he has supported insurers, multi-national companies and service providers across a wide gambit of strategic and operational matters. Prior to Tribe, Patrick founded a Lloyd’s MGA and a Protected Cell Captive in Guernsey. 

Approach to Client Service 

Patrick frequently works with multi-national firms meeting a whole host of risk and insurance requirements. 

Utilising his wide and varied insurance market networks, he enjoys bringing the three-sided marketplace together to overcome the challenges of managing risk, enhancing governance and unleashing growth potential, by leveraging the relationship between the client, the insurer and the intermediary. 

With extensive overseas experience, Patrick makes a big difference to fast growth, digital companies and has a particular expertise in the newer tech-driven sectors such as sharing platforms, digital marketing, micro-mobility and last mile logistics. 

Alongside more established clients, Patrick has the critical experience of helping firms who grow through M&A, fund raising and re-financing and IPO’s. 

Expertise and Specialisations 

Patrick specialises in all aspects of operational and strategic risk management, general insurance and employee benefits. 

In securing the best outcomes for clients, his work will often involve the selection and performance management of brokers, insurers, claims management providers and third-party administrators. 

His international experience and extensive Captive and insurance market extertise is routinely put to use in ensuring that multi-national insurance programmes are properly compliant across all jurisdictions and will respond with certainty when called upon, in the event of a claim or incident. 

Known as an expert negotiator Patrick enjoys a positive reputation in developing deep and long-lasting commercial relationships and building the resilience and continuity that ensure contract certainty, great service and best in class results. 

Patrick is a frequent industry commentator and is a trusted market voice. 

Professional Development and Qualifications 

Patrick is a Certified Member of the Institute of Risk Management, European Risk Management Professional and is former chair of AIRMIC (the UK association of insurance and risk managers) and is the Academy Principal; a platform for learning and developing best practice.  

In 2023, Patrick was the inaugural inductee into the Airmic Hall of Fame. 

In His Spare Time 

Outside of work, Patrick, who lives in the City of London, is involved in two Livery Companies; the Insurers and the Entrepreneurs. Having played cricket for England as a youth and representative Rugby he is a firm sports fan a lifelong Crystal Palace supporter.  

He is a Business Volunteer for the charity, Young Enterprise and Patrick is a keen mentor, both in and outside the risk and insurance industry.