The head of strata insurer CHU has been named Financial Services and Insurance Executive of the Year.

CEO Bobby Lehane says diversity and inclusion is a major plank for CHU and he is implementing the two approaches as a strategic imperative for the business.

CHU will focus increasingly on sustainability and biodiversity next year, as the strata industry is a significant contributor to emissions.

“The strata industry, from owners to managers, needs to be on the front foot with sustainability programs and initiatives,” Mr Lehane said in accepting the award, which is organised by CEO magazine. “Insurers, who face serious risks from climate change especially, need to be at the forefront.”