100 influential women in re/insurance


“Taking a risk on certain opportunities has given me a very unique skillset and proved to be a great benefit, but you don’t know when you take the chance if it will work out.”


Name:


Lara Mowery


Company: Guy Carpenter Job:


Head of global property specialty


Timeline: 2007—ROLePlay (owned by Guy Carpenter) 2005—i-aXs (owned by Guy Carpenter) 1997—Guy Carpenter’s global property specialty practice


Lara Mowery is head of global property specialty at Guy Carpenter and a managing director. Her role in leading this specialty practice is to understand all aspects of the property reinsurance marketplace and provide the framework for the direction of Guy Carpenter’s thought leadership and tactical execution of its property initiatives. She also has played a key role in the development of the


firm’s award-winning data management tools. Most recently this includes the launch of GC MarketPlace, a platform that fully embeds technology in the reinsurance placement process, creating the opportunity to revolutionise the way data is analysed and acted upon. Mowery has more than 20 years of experience in the design and placement of a wide variety of property reinsurance programmes. She specialises in creating solutions for particularly difficult risks and is credited with developing several best practices tools and contract clauses, in particular for the Florida marketplace. She also has extensive experience with residual markets particularly in Florida and consulting for entities in Hawaii, Texas, Louisiana and New York. Mowery has also advised government-sponsored catastrophe facilities in Mexico, Taiwan and Turkey, as well as with the World Bank. Prior to joining Guy Carpenter, she worked at E.W. Blanch and its sister company, Paragon.


What has been the highlight of your career so far? The 2015 US launch of GC MarketPlace, a web-based treaty reinsurance placement platform, qualifies as the most difficult project I have undertaken in my career so far but also one of the most satisfying. We identified a critical need to continue to


72 | INTELLIGENT INSURER | 2015


enhance our transactional data analysis and reporting abilities and in the fall of 2014 embarked on a process to complete an entirely web-based process embedded in the placement transaction itself.


What has been the biggest challenge you have


encountered? Knowing which opportunities were right to take to provide me with the best development path in my career. I’ve had several chances to do things that were very different from what I was doing at the time. Taking a risk on certain opportunities has given me a very unique skillset and proved to be a great benefit, but you don’t know when you take the chance if it will work out. Most of my decisions to jump off the cliff have worked out well


but not all of them. Then you have to take what you can from these situations and work toward something new.


What are your career aspirations now? To find the next unique experience that delivers new challenges. The industry is evolving right now in significant ways. This brings great opportunities to find spots to push the boundaries of how the industry works and to contribute to where it’s going in the future.


www.intelligentinsurer.com


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