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Saturday, June 30, 2007

 

INSURANCE NEWSCAST

5th Annual Report of the “INSURANCE INDUSTRY 100 MOST POWERFUL (NORTH AMERICA)” LIST
01/09/06 -- "InsuranceBroadcasting.com is pleased to announce our 5th annual list of the 100 most powerful people in the insurance industry (North America)" commented Walter B. Podgurski, CEO.
"We understand the subjectivity of this type of ranking, but stand by our five year premise. The people below are the 100 we think who have the most resources available to them and who would have the most ability (as a group) to successfully accomplish any goal or directive of the insurance industry. What better list of 100 people exists that could exert more collective influence over the insurance industry?"
We have a simple methodology of measuring power. This is not a list of the largest 100 insurance company CEO's, or designed to recognize past achievement, longevity, or decide who is the most effective businessperson, or determine who has been the most innovative, or who is on the fast-track to the top. It is an attempt to express who controls the most insurance industry resources (people, capital, intellectual knowledge, technology, etc.) or has the most influence on those resources.
Here is the methodology we chose to support our choices.
The person with the most power is the person at the top of the organization.
Power is diverse.
Power controls or influences resources.
Our list is weighted by current control of power.
Each year we receive a certain amount of criticism and critique. In an industry as large and segmented as the insurance industry, 100 people is an incredibly small number of people to single out and recognize, ensuring at least some degree of debate.
We publish this list to provoke thinking and discussion, and to provide a better perspective on our industry. It is a serious list, but it shouldn't be taken that seriously. We do take pride in our annual list and are honored to name these people to our list of the 100 most powerful.
As we mention each year, it is important to note that no one asked to be on the list, and many might even be a bit uncomfortable to be on a "power" list. The term "power" in today's society can make people uncomfortable, with words like leadership or stewardship preferred. My personal belief is that the people on this list would be the first to give credit to others. Most likely they have worked hard and have great integrity and management skills, and the reason they have power is that they have been given that power by others because they are "trusted." I believe they believe that their power is a reflection of the confidence and faith others have in them, and their power is viewed by them as a guardianship, duty and charge to serve others.
We received many nominations of people with great credentials that we were just unable to fit onto a list of only 100. The difficulty is easily understood by asking yourself who you would remove from the list below to add your favorite. We also have categorized the names to look at who was selected from a specific niche of the insurance industry. The names are listed alphabetically within each category. No effort was made to rank the list as #1, #3, etc.
Let us know what you think (wpodgurski@aol.com) - we will report back all the comments, good or bad, in a future edition of INSURANCE NEWSCAST.
Sincerely
Walt PodgurskiChairman & CEOwww.InsuranceBroadcasting.com
INSURANCE NEWSCAST
SPECIAL REPORT - "INSURANCE NEWSCAST 100 INSURANCE INDUSTRY MOST POWERFUL - NORTH AMERICA” LIST FOR 2005 - 2006
SUPER-ICON STATUS
RATINGS AGENCIES
P&C COMPANIES
LIFE COMPANIES
HEALTH INSURANCE / HEALTHCARE
RE-INSURANCE
AGENT ORGANIZATIONS & DISTRIBUTION
INSURANCE REGULATION / LEGISLATION
INSURANCE BROKERAGE
INSURANCE EDUCATION & RESEARCH
INSURANCE LAW
CONSULTING
INDUSTRY ORGANIZATIONS
INSURANCE ANALYSTS
INSURANCE, CANADA
INSURANCE TECHNOLOGY
INSURANCE INDUSTRY VENDORS
BANK INSURANCE MARKETING
WORKSITE MARKETING NICHE
LEGAL PLAN NICHE
ONLINE DISTRIBUTION
INSURANCE MEDIA
STRUCTURED SETTLEMENTS
DIRECT MARKETING
RISK MODELING
INSURANCE NEWSCAST - STORIES
INSURANCE NEWSCAST'S 2005 - 2006 LIST OF THE 100 MOST POWERFUL PEOPLE IN THE INSURANCE INDUSTRY - NORTH AMERICA
SUPER-ICON STATUS
Warren E. Buffett, CEO, Berkshire Hathaway Inc. - 4th Appearance
Maurice R. Greenberg, C.V. Starr & Company, Inc. (C.V. Starr) - 5th Appearance
Back To Top
RATINGS AGENCIES
Keith M. Buckley, Managing Director, Fitch's North American Insurance Rating Group - - 5th Appearance
Ted Collins, Managing Director, Moody's Investors Service - - 5th Appearance
Steven J. Dreyer, Managing Director, North American Practice Leader for Standard & Poor's Financial Services. - 5th Appearance
Robert L. Riegel, Managing Director, Life & Health Insurance Team, Financial Institutions Group, Moody's Investors Service - - 5th Appearance
Arthur Snyder, President & Chairman, A.M. Best - 5th Appearance
Martin D. Weiss, Ph.D., Chairman Weiss Ratings, Inc.- - 5th Appearance
Back To Top
P&C COMPANIES
Axel Lehmann, CEO, Zurich North America - 1st Appearance
Ramani Ayer, Chairman & Chief Executive Officer, The Hartford Financial Services Group, Inc. - 5th Appearance
Jay S. Fishman, Chairman, President & Chief Executive Officer, The St. Paul Companies - 5th Appearance
Edmund F. Kelly, Chairman, President & Chief Executive Officer, Liberty Mutual Insurance - 5th Appearance
Ed Liddy, Chairman and Chief Executive Officer, The Allstate Corporation - 5th Appearance
Stephen W. Lilienthal, Chairman and Chief Executive Officer, CNA Insurance - 3rd Appearance
Glen Renwick,, President & CEO, Progressive - 5th Appearance
Edward B. Rust Jr., Chairman and CEO, State Farm Insurance Companies - 5th Appearance
Martin J. Sullivan, President And Chief Executive, AIG - 1st Appearance
Mark R. Thresher, President and Chief Operating Officer, Nationwide Financial - 3rd Appearance
Back To Top
LIFE COMPANIES
Herbert M. Allison, Jr., Chairman, President, and Chief Executive Officer, TIAA-CREF - 3rd Appearance
Robert H. Benmosche, Chairman and Chief Executive Officer MetLife - 5th Appearance
Donald J. Shepard, Chairman of the Executive Board of AEGON N.V., Chairman of AEGON USA - 4th Appearance
Sy Sternberg, Chairman Of The Board, President, & Chief Executive Officer, New York Life Insurance Company - 5th Appearance
Arthur Ryan, Chairman & Chief Executive Officer, Prudential Financial, Inc. - 5th Appearance
Ed Zore, President & CEO, Northwestern Mutual Insurance - 5th Appearance
Back To Top
HEALTH INSURANCE / HEALTHCARE
Larry C. Glasscock, Chairman, President and Chief Executive Officer, Anthem, Inc. - 3rd Appearance
H. Edward Hanway, Chairman & Chief Executive Officer, CIGNA Corporation - 5th Appearance
Karen Ignagni, President & CEO, AAHP-HIAA - 5th Appearance
Evelyn F. Ireland, CAE, Executive Director, National Association Of Dental Plans - 1st Appearance
David A. Jones, Chairman of the Board & Co-Founder, Humana Inc. - 5th Appearance
William W. McGuire, M.D., Chairman & Chief Executive Officer, UnitedHealth Group - 5th Appearance
John W. Rowe, M.D., Chairman, President and Chief Executive Officer, Aetna Inc.- 5th Appearance
Scott P. Serota, President & Chief Executive Officer, Blue Cross and Blue Shield Association - 5th Appearance
Thomas R. Watjen, President and Chief Executive Officer, UnumProvident Corporation - 3rd Appearance
Back To Top
RE-INSURANCE
Jacques Aigrain, Chief Executive Officer, Swiss Re - 1st Appearance
Dr. jur. Nikolaus von Bomhard, Chairman, Munich Re Group - 3rd Appearance
Franklin W. Nutter, President, Reinsurance Association of America (RAA) - 5th Appearance
Brian O'Hara, President & Chief Executive Officer, XL CAPITAL - 2nd Appearance
Ron Pressman, Chairman, President & CEO, GE Insurance Solutions - 4th Appearance
Back To Top
AGENT ORGANIZATIONS & DISTRIBUTION
Jessica M. Bibliowicz, President and Chief Executive Officer, National Financial Partners - 1st Appearance
Leonard Brevik, Executive Vice President & CEO, National Association Of Professional Insurance Agents (PIA) - 2nd Appearance
Ken A. Crerar, President, The Council of Insurance Agents & Brokers Officers (CIAB) - 2nd Appearance
Bernd G. Heinze, Esquire, Executive Director, American Association of Managing General Agents (AAMGA) - 5th Appearance
Fred H. Jonske, President and Chief Executive Officer, M Financial Group - 5th Appearance
Kevin Merz, 2005 Chairman, National Association of Independent Life Brokerage Agencies, (NAILBA) - 2nd Appearance
Stephen O. Rothschild, CLU, ChFC, President, Million Dollar Round Table (MDRT), - 1st Appearance
Robert A. Rusbuldt, Chief Executive Officer, Independent Insurance Agents & Brokers of America, Inc. (IIABA). - 5th Appearance
Janet Trautwein, Executive Vice President and CEO, National Association of Health Underwriters (NAHU) - 1st Appearance
David F. Woods, CLU, ChFC, Chief Executive Officer , The National Association of Insurance and Financial Advisors (NAIFA) - 4th Appearance
Back To Top
INSURANCE REGULATION / LEGISLATION
Alessandro Iuppa, NAIC President, Maine Insurance Superintendent - 1st Appearance
Susan Nolan, Executive Director, The National Conference of Insurance Legislators (NCOIL) - 2nd appearance
Catherine (Cathy) J. Weatherford, Executive Vice President and CEO, The National Association of Insurance Commissioners (NAIC) - 3rd Appearance
Back To Top
INSURANCE BROKERAGE
J. Hyatt Brown, CPCU, CLU, Chairman, President, & Chief Executive Officer, Brown & Brown - 4th Appearance
Michael Cherkasky, Chief Executive Officer, Marsh Inc. - 2nd Appearance
Martin P. Hughes, Chairman and Chief Executive Officer, HUB International Limited - 4th Appearance
Paul Karon, President and COO, Benfield Inc. (US Division) - 1st Appearance
Joe Plumeri, Chairman & Chief Executive Officer, Willis Group Holdings Limited - 5th Appearance
Patrick G. Ryan, Chairman & Chief Executive Officer, Aon Corporation - 5th Appearance
Dave Zuercher, Chairman & Head of International and Insurance Services, Acordia Inc. - 1st Appearance
Back To Top
INSURANCE EDUCATION & RESEARCH
Laurence Barton, Ph.D., President & CEO, The American College - 3rd Appearance
Joseph M. Belth, Ph.D., professor emeritus of insurance at the Kelley School of Business at Indiana University (Bloomington),
Thomas P. Donaldson, FLMI, CLU President & Chief Executive Officer LOMA - 5th Appearance
Gordon Stewart - President - Insurance Information Institute - 1st Appearance
William T. Hold, Ph.D., CIC, CPCU, CLU, President, The National Alliance For Insurance Education And Research - 3rd Appearance
Robert A. Kerzner, President & Chief Executive Officer LIMRA International - 2nd Appearance
James R. Marks, CAE, CPCU, AIM, Executive Vice President, CPCU Society - 5th Appearance
Back To Top
INSURANCE LAW
Brian Casey, Partner, Lord, Bissell & Brook - 4th Appearance
Thomas A. Player, Partner, Morris, Manning & Martin, LLP - 4th Appearance
Back To Top
CONSULTING
Patricia Guinn, Managing Director of Tillinghast - Towers Perrin and Towers Perrin Reinsurance - 5th Appearance
John Haley, President and Chief Executive Officer, Watson Wyatt Worldwide, Inc. - 1st Appearance
Back To Top
INDUSTRY ORGANIZATIONS
Brian K. Atchinson, Executive Director, IMSA - - 5th Appearance
Robert M. Beuerlein, President, Society of Actuaries - 1st Appearance
Charles M. Chamness, President, National Association of Mutual Insurance Companies (NAMIC) - 3rd Appearance
Ernst N. Csiszar, President & CEO, President & CEO, Property Casualty Insurers Association of America - 2nd Appearance
Gary Hicks, Executive Director, Aviation Insurance Association - 2nd Appearance
Dennis Jay, Executive Director, Coalition Against Insurance Fraud - 1st Appearance
Frank Keating, President and CEO, American Council of Life Insurers (ACLI) - 4th Appearance
Joseph P. Pomilia, Executive Director, Insurance Accounting & Systems Association, Inc. (IASA) - 3rd Appearance
Jack Ramirez, President, CEO National Association of Independent Insurers (NAII) - 5th Appearance
Governor Marc Racicot, President, American Insurance Association (AIA) - 1st Appearance
David F. Woods, CLU, ChFC, President, The Life and Health Insurance Foundation for Education (LIFE) - 1st Appearance
Back To Top
INSURANCE ANALYSTS
Vincent J. Dowling, Insurance Stock Analyst, Dowling & Partners Securities - 5th Appearance
Back To Top
INSURANCE, CANADA
Stanley I. Griffin, President and C.E.O. of the Insurance Bureau of Canada (IBC) - 5th Appearance
Dominic D'Alessandro, President and Chief Executive Officer, Manulife - 5th Appearance
Raymond L. McFeetors, President & Chief Executive Officer, Great-West Lifeco Inc. (Lifeco) - 1st Appearance
Back To Top
INSURANCE TECHNOLOGY
Mary Roth, Executive Director, Risk and Insurance Management Society (RIMS) - 2nd Appearance
Jim Kellner, Chairman and CEO, Applied Systems - 5th Appearance
Gregory A. Maciag, President & CEO, ACORD - 5th Appearance
Clare DeNicola, President & CEO, IVANS Inc. - 2nd Appearance
Back To Top
INSURANCE INDUSTRY VENDORS
Jay F. Cook CEO & Chief Visioneer, MIB Group, Inc. - 5th Appearance
Frank J. Coyne, Chairman, President, & CEO, Insurance Services Office, Inc (ISO) - 4th Appearance
Back To Top
BANK INSURANCE MARKETING
Beth L. Climo, Executive Director, ABA Securities Association, American Bankers Insurance Association (ABIA) - 5th Appearance
Larry Marsh, President & CEO, Marsh·Berry Companies - 5th Appearance
Back To Top
WORKSITE MARKETING NICHE
Daniel Paul Amos, Chairman & Chief Executive Officer, AFLAC Incorporated - 5th Appearance
Back To Top
LEGAL PLAN NICHE
Alec Schwartz, Executive Director, American Prepaid Legal Services Institute - 2nd appearance
Back To Top
ONLINE DISTRIBUTION
Robert S. Bland, Chairman and Founder, Quotesmith.com -2nd Appearance
Back To Top
INSURANCE MEDIA
Andrew L. Goodenough, President & CEO, Highline Media, LLC. - 1st Appearance
Back To Top
STRUCTURED SETTLEMENTS & VIATICALS
Malcolm Deener, President, National Structured Settlements Trade Association - 2nd Apperance
Doug Head, Executive Director, Viatical and Life Settlement Association of America (VLSAA) - 2nd Appearance
Back To Top
DIRECT MARKETING
Donald Jackson, Chairman, JCG Group, Ltd. - 3rd Appearance
Back To Top
RISK MODELING
Hemant H. Shah, Co-Founder, President & CEO, RMS. - 3rd Appearance


American Express Co.


This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...
Read More >>


Bank of America


The company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...
Read More >>


Capital One Financial Corp.


Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...
Read More >>


Credit Suisse Securities LLC


New moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...
Read More >>


Deloitte & Touche USA LLP


When an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...
Read More >>


Deutsche Bank


A women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...
Read More >>


Ernst & Young LLP


The company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...
Read More >>


Fannie Mae


Parents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...
Read More >>


First Horizon National Corp.


With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...
Read More >>


First National Bank


Helping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...


Goldman, Sachs & Co.


This prestigious investment bank believes its greatest asset is its employees, so it allows them to work part-time, job-share and telecommute. To make the process easier, employees can submit their requests for flexible arrangements online to managers. ...
Read More >>


Grant Thornton LLP


With employees spread out over 50 locations, a single firmwide child-care solution wasn't possible. Still, technology (laptops, BlackBerrys and videoconferencing) and flexible arrangements allow parents to work from home if their regularly scheduled child care falls through or their child is home sick. ...
Read More >>


HSBC-North America


This leading financial services firm, where more than half the employees are women, aims to help its working moms manage their professional and personal lives by offering a spectrum of flex programs to meet their needs, from telecommuting to job-sharing. Employees need to work only ...
Read More >>


JPMorgan Chase


This leading global financial services firm allows employees to telecommute, job-share, flex hours or work compressed schedules. Part-time employees are eligible for health benefits, scholarships for their children and tuition reimbursement. ...
Read More >>


KPMG LLP


The firm is among the minority of U.S. companies offering backup child care. Several KPMG offices lease space in or near child-care facilities, where they have a contract for services. ...
Read More >>


Morgan Stanley


Employees are covered in the event of a child-care emergency, with 80 free hours of in-home backup care and space at 15 national backup facilities. Staffers can also locate full-time care through the firm's resource and referral service. A brand-new parenting network and a wealth of seminars help moms ...
Read More >>


Northern Trust Corp.


Women represent 29% of executive VPs and above and 49% of managers. Half of all mentees in the Executive Networking and Mentoring program in 2005 were female. A leadership forum also regularly provides networking opportunities for women at the VP level and above. ...
Read More >>


PNC Financial Services Group Inc.


From birth to college, employee children have access to programs designed just for them. Infants and toddlers whose mothers enroll them in the Great Start program receive eight consecutive weeks of deeply discounted ($6 a day) child care, while children up to age 13 receive ...
Read More >>


PricewaterhouseCoopers LLP


To help women be great moms and high-performing professionals, this global accounting firm offers a wide variety of flexible work options that employees can easily apply for online. There's also a 24/7 hotline for those who have questions. Thanks to a new Flexible Fridays policy, ...
Read More >>


Principal Financial Group


Flexibility is a way of life at this company, where more than half of all employees took advantage of flextime last year. Many who chose to work from home--more than 1,800 employees--were provided with computers, office equipment and software. ...

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