Women in reinsurance


PrOFILE Name:


Barbara Bufkin


Company: Guy Carpenter Job:


COO, global strategic advisory group


Timeline: 2013—COO, global strategic advisory group, Guy Carpenter


2007—President of Peleus Re


Bufkin has more than 30 years’ experience in the insurance industry and has served as director of Swiss Re New Markets, and as chairman, president and CEO of Swiss Re subsidiary, Facility Insurance Corporation (FIC) and Facility Insurance Holding Corporation (FIHC). Over the course of her accomplished career, she has held additional executive positions in the insurance industry, most notably with Sedgwick Payne Company and E.W. Blanch Company.


“Participating in the globalisation of our industry, expanding


businesses in new geographies and working in diverse cultures along with participating on philanthropic and for-profit boards have all been memorable moments in my career,” she says.


“The biggest challenge is the one confronting us immediately—


the present and the future. Specifically, how do we stay relevant as an industry? Globally, new approaches to existing risks and emergent challenges require us to rally fresh thinking but also strain our conventional apparatus.”


In her new role, Bufkin is dedicated to providing an exceptional service to clients. “We are participating with our clients to deliver the value proposition of their companies,” she says. “I


am also inspired by the scope of Guy Carpenter—the talent and commitment of the people energises and inspires me.”


Bufkin is keen to see the company continue to develop its people


and move forward within a changing industry. “The insurance industry of tomorrow that we build today must brand itself, authentically and not rhetorically, as innovative and inclusive,” she says. “We have new insights about where talent resides and where to access it. We need a proactive strategy to include visibility, sponsorship and respect.”


“Globally, new approaches to existing risks and emergent challenges require us to rally fresh thinking but also strain our conventional apparatus.”


May 2014 | INTELLIgENT INsUrEr | 9


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