Pool Re Podcast Episode 10: Don Randall MBE - Lessons learnt from a lifetime in counter terrorism
Pool Re Podcast Episode 10: Don Randall MBE - Lessons learnt from a lifetime in counter terrorism
Don Randall served with the City of London Police from 1969-1995, with specific emphasis on fraud and counter terrorism. Following 13 years at JPMorgan Chase as Managing Director, he joined the Bank of England in 2008 and was appointed the Bank's first Chief Information Security Officer in 2013.
In 2007, Don was awarded an MBE for services to law enforcement for the harmonisation of the public/private sectors. Don plays a key role within 'Sister Banks', City of London Crime Prevention Association, 'Project Griffin', the City of London Crime Disorder Reduction Panel, London First Security Advisory Board, London Resilience Board, the London Resilience Business Sector Panel and is a Co-founder and Vice Chairman of the Cross Sector Safety & Security Communications initiative.
Listen to the podcast HERE
About Pool Re
Pool Re’s purpose is to enable the UK insurance market to offer terrorism cover to any commercial property that requires it. Central to this is the integration of Pool Re’s cover with the underlying property policy which ensures that there is no gap in the cover provided.
Pool Re was designed to insulate the taxpayer from potential financial losses arising from acts of terrorism. It has achieved this effectively, to date paying £635m in respect of 13 claims arising from certified terrorism events in the UK since our establishment. It has never called on the Government’s guarantee.
By providing foundational stability at a reinsurance level, Pool Re has created an environment for the commercial market to re-establish itself, following the market failure in 1992. This stability creates and sustains access, liquidity and confidence to generate the conditions for the private market to gradually write a growing portion of terrorism risk.
Helping UK businesses build resilience against terrorism risk is a priority for Pool Re who have developed SOLUTIONS an in-house centre of excellence created to support Members and policyholders better understand risk awareness, modelling, and management. They have also invested in a range of initiatives with Government security and intelligence agencies to provide tools such as an information sharing platform.