Margo Black listed among the 100 most influential women in re/insurance

The trade magazine "Intelligent Insurer" took the occasion of the appointment of Inga Beale as CEO of Lloyd's seems to take a closer look at women in the re/insurance industry. The magazine sees this appointment as a turning point in a historically male-dominated industry.

We at Swiss Re in Brazil are ahead of the curve. In 2012, we appointed Margo Black as H​ead of Reinsurance Latin America South and President of Swiss Re Brasil Reasseguros. Having women in leadership positions is part of our Diversity and Inclusion strategy, which is already embedded in all our business practices. "Intelligent Insurer" noticed that.

In its summer edition, the magazine has put together a list of the 100 most influential women in re/insurance, which includes Margo Black. "All 100 women in some way exert influence on the way large risks are managed and transferred globally and we celebrate their successes and the different perspectives they offer", the magazine writes.

Margo joined Swiss Re from Willis, where she was Head of the reinsurance operation in Brazil. A British citizen, but brought up in Mexico and Nicaragua, she has almost 38 years of industry experience working for reinsurers, but also brokerage firms and insurance companies across geographies and has been involved in many territories including Latin America, Caribbean, Japan, UK, Ireland, Iceland and North America.

In addition to Margo, "Intelligent Insurer" lists other seven Swiss Re executives among the most influential women.

  • ​Nancy Bewlay ​Head Underwriting Casualty, US & Canada
  • ​ ​Judith Klugman ​Head of ILS Distribution & Sales
  • ​Alison Martin ​Head L&H Business Management Reinsurance and member of Reinsurance Executive Committee
  • ​Monica Ningen ​Head Property Underwriting US & Canada
  • ​Sharon Ooi ​Head of P&C Reinsurance, SID
  • ​Jayne Plunkett ​Head Casualty Underwriting Reinsurance and member of Reinsurance Executive Committee
  • ​Veronica Scotti ​President and Chief Executive Officer (Swiss Re Canada)

According to a study "Women in the Brazilian insurance market" released by FUNENSEG (Brazilian School of Insurance) in 2013, approximately 57% of people working in the insurance industry in the country are women, a percentage very similar to the US market (60%). When considered the top five hierarchical levels, women hold 31% of the positions (in the US women only hold 6% of top insurance executive positions and 12.5% of board seats, according to the Insurance Information Institute).

Please register here to read the full article "Breaking through the glass ceiling".

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