About Acumen Advisory

A specialist and expert boutique advisory service focused on business change, risk management and strategy solutions

"Patrick is a resourceful and energetic risk professional who clearly understands the value which effective risk management can bring to corporate strategy. His focus on the value of effective strategy has been demonstrated clearly during his period in office as AIRMIC Chairman"
John Hurrell, CEO Airmic

"Patrick is quick to understand complex issues, offer creative solutions and is able to harness a wealth of business experience. Patrick’s style is supportive, thoughtful and incisive. His ability to offer practical advice coupled with the warmth of his approach makes him an excellent mentor" 
Penny Mitchell, Global Strategy Manager
Acumen Advisory provides lucid, expert and practical consultancy services.

The Managing Director, ​Patrick Smith, has significant international leadership experience in financial services, the insurance industry and corporate organisations. With experience spanning global Strategy, Risk Management, Risk Financing and Insurance Programmes, Product Development, Sales & Marketing and Talent Management a wide range of advisory services can be delivered.

We aim to support organisations of any size and seek to achieve an effective "closed loop" to all services we deliver and advice that we give.

 Understand - Benchmark - Create - Build - Implement - Review - Improve
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Patrick has held a number of senior executive and non-executive positions. He was the International Director of Risk, Insurance and Claims Management at Hertz Corporation, where he managed operations throughout 12 countries across EMEA and Asia-Pacific. He was a member of the global finance leadership team and was instrumental in transforming the claims management operation (through BPR, BPO and technology) and the cost and effectiveness of the global insurance programmes.

​At The Warranty Group, he was Chief Risk Officer and developed the Strategic Planning process, global risk management framework and lead Solvency II compliance. 

​Patrick is an industry recognised accredited Investors in People advisor, a FERMA Certified European Risk Professional (RIMAP), and an IRM Certified Risk Professional (CMIRM).  
Patrick's expertise is reinforced by a significant network, particularly across the international financial services, risk and insurance communities. This market credibility is reinforced by Patrick's Board experience. He was appointed Non-Executive Director of Airmic in 2009 and was elected Chairman in 2015, requiring keynote addresses at both the Annual Conference in Liverpool and the Annual Dinner at The Grosvenor House, London, before a packed audience of risk and insurance industry leaders.

Working with teams and individuals, Patrick offers focused advice and his broad-based commercial; experience and laser-sharp attention to detail shapes the quality of solutions delivered.

Patrick is a Guest Lecturer at the City of London's Cass Business School and is a Liveryman in the Worshipful Company of Insurers.


Bring a fresh perspective and additional expertise to meet your business objectives and overcome your challenges
Intrigued? For an exploratory discussion, just get in touch!