Risk management, insurance industry leader Judy Lindenmayer dies
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Judy Lindenmayer, whose accomplishments in risk management and the insurance industry included being selected as Business Insurance's 1997 Risk Manager of the Year®, died Aug. 4 at age 71.
Ms. Lindenmayer, who lived in Waleska, Ga., retired several years ago after being a senior vice president at Hilb, Rogal & Hobbs Co. in Atlanta. She earned the Risk Manager of the Year® honor while serving as vice president-Fidelity insurance and risk management, at Boston-based FMR Corp., better known as Fidelity Investments.
She joined Hobbs Group L.L.C., then operating as a unit of Hilb, Rogal & Hamilton Co., in 2002 after retiring earlier that year from FMR, where she had worked since 1988 and was credited with turning a fledgling risk management department into a state-of-the-art operation.
While serving as FMR's risk manager, Ms. Lindenmayer was actively involved in captive insurance and arranged cutting-edge insurance programs for her company, such as a program designed to address operational exposures and multiyear integrated—or concentric—risk insurance programs.
Ms. Lindenmayer's risk management career began in 1969 while serving as personnel manager of Sealy Inc. in Chicago, where she was asked to take on the additional responsibility of purchasing corporate property/casualty insurance.
In 2000, Ms. Lindenmayer was named by Business Insurance as one of the 100 Leading Women in Insurance, recognized for her professional achievements, her influence on the marketplace and her contributions to the advancement of women in risk management and the insurance industry. She was active in the Risk & Insurance Management Society Inc. and was the first woman president of the Chicago RIMS chapter.
Many of Ms. Lindenmayer's friends and former industry colleagues are establishing a memorial fund in her honor to benefit the Spencer Educational Foundation Inc.'s Risk Manager in Residence program. Ms. Lindenmayer was one of the first risk managers to participate in the RMIR program, lecturing at Georgia State University in 1997.
Donations to the fund can be made via check payable to the Spencer Educational Foundation, and online at www.spencered.org, designated “in memory of Judy Lindenmayer.”
