Donna Goldin

Executive Vice President

One Corp.

Englewood, Colo.

In industry since: 1972

Achievements: Some of Donna Goldin's greatest career accomplishments to date have occurred while developing and expanding One Corp., the managed care subsidiary of Great-West Life & Annuity Insurance Co. She joined the company in 1996 and helped lead its efforts to expand by obtaining health maintenance organization licenses in 15 states, with three more state licenses soon to follow. The responsibilities of expanding the HMO have entailed building a "very comprehensive set of health care management programs," she says. During her tenure, she also has overseen the hiring of 750 employees and opening of 26 offices for One Corp.

Ms. Goldin first entered the insurance business in 1972 and has worked for several property/casualty and life insurers. Ms. Goldin initially began her career working in information systems and assumed management positions in that area before moving into general management. Ms. Goldin also has served as president of a Denver affiliate board for the Susan G. Komen Breast Cancer Foundation.

Next challenge/goal: "To ensure that in the management of our health we are doing the right things in our interactions with members and medical providers. Also, to go through all the things we do and eliminate any of the things that do not add value."

Reina L. Gregorio

President

Kemper Professional

New York

In industry since: 1980

Achievements: Reina Gregorio has been president of Kemper Professional and a senior vp of Kemper Insurance Cos. since January 1999. She served as executive vp of CNA Pro from 1993-1998. Prior to that, Ms. Gregoria held several other professional liability underwriting positions, including ones with Reliance National Insurance Co., Munich American Reinsurance Co. and INAPRO.

Reasons for entering industry: "I never really looked at the demographics as to the male or female ratio. That was never an issue for me. Even today, I don't look at myself as a female executive; I look at myself as an insurance executive. So I don't think I would look at that any differently."

Sandra G. Gustavson

Associate Dean for Faculty and Research

McFadden Professor of Personal Financial Management, Terry College of Business, University of Georgia

Athens, Ga.

In industry since: 1979

Achievements: Sandra Gustavson, the head of the department of insurance, legal studies and real estate at Terry College of Business since 1986, is the chief financial officer of Terry College as well. Earlier this year, she was named associate dean for faculty and research. She has received awards for her writing by the Journal of Risk and Insurance. Ms. Gustavson is one of five faculty members at the Terry College's risk and insurance program, which was ranked fourth in the country by U.S. News and World Report in 1999.

Reasons for entering industry: "I was good in math in high school but did not like science. As an undergraduate at the University of Illinois, I was attracted to the field of actuarial science, as a way to focus on the math. As part of those studies, I was introduced to several aspects of a collegiate business curriculum, which I discovered I enjoyed. I went on to graduate school, where I discovered I greatly liked teaching. From that point, I pursued an academic career. The male domination in the business academic world was never something I worried about. I presumed that if I did my best, I would be successful."

Jean Hamilton

Chief Executive Officer

Prudential Institutional

Newark, N.J.

In industry since: 1995

Achievements: Jean Hamilton has been chief executive officer of Prudential Institutional, the group insurance and retirement services division of Newark, N.J.-based Prudential Insurance Co. of America, since 1998. She started her career in commercial banking with The First National Bank of Chicago in the early 1970s, eventually becoming senior vp and head of its Northeastern banking department. She left banking and joined the investment department at Prudential in 1988. At Prudential she started as president of Prudential Asset Sales and Syndications Inc., eventually becoming president of Prudential Capital Group.

In 1995 she moved from the investing side to the group insurance business as president of the Prudential Diversified Group. In 1998, Ms. Hamilton took over the entire group insurance business of Prudential.

Reasons for entering industry: Although she did not seek out heavily male fields during her career, Ms. Hamilton never shied away from them, either. Ultimately, she chose industries that interested her "and it turned out they were male-dominated. It's kind of been the story of my life."

Judith C. Hanratty

Company Secretary

BP Amoco P.L.C.

London

In industry since: 1998

Achievements: Judith Hanratty's career began in her native New Zealand, where she practiced law and taught at the university level. In the early 1980s, she was involved with the privatization of New Zealand enterprises. In 1986, that work brought her to the United Kingdom, where she assisted the government's privatization of British Petroleum. Following the sale by the U.K. government of its interests in BP in 1988, Ms. Hanratty became director and chief executive officer of The Tanker Insurance Co., BP's then in-house insurance company. While in this post, she was responsible for introducing to BP a pioneering policy of self-insuring the vast majority of the global oil company's risks, reasoning that it had more financial resources than most insurance companies. In 1994, Ms. Hanratty became BP's company secretary. In this role, she acts as counsel to the board and the non-executive chairman and has developed the board's governance policies

She is a nominated member of the Council of Lloyd's of London, a member of the Lloyd's Market Board and of the Audit, Appointments and Compensation Committees.

Reasons for entering industry: "I was invited! And I had been well prepared, as the bar was even more male dominated when I began my career nearly 40 years ago."

Meryl D. Hartzband

Investment Director and Principal

MMC Capital Inc.

Greenwich, Conn.

In industry since: 1987

Achievements: Meryl Hartzband joined Chase Manhattan Bank as a commercial banking trainee in 1978. After obtaining an MBA degree, she joined J.P. Morgan & Co. in 1983, where she specialized in managing private equity capital for financial services companies. Beginning in 1987, she worked on several Marsh & McLennan Cos. Inc. projects including: ACE Ltd.; XL Capital Ltd.; and the establishment of the Trident investment ventures. She joined MMC Capital in 1999. Ms. Hartzband is a director of such insurance entities as ACE, Altus Holdings Ltd., Axcelera Group Inc., Danish Re Cayman Holdings Ltd. and NM Holdings Ltd.

Reasons for success: "Probably equal measures of good luck and hard work and some very talented mentors. The only thing that I can claim to have thought about and offer as an approach would be to really specialize in something. It's a great way to distinguish yourself and that is what probably led me to insurance. I was focusing on areas in the banking business that required specialist knowledge and expertise and insurance certainly qualifies."

Barbara S. Haugen

Senior Vice President

Council of Insurance Agents & Brokers

Washington

In industry since: 1981

Achievements: Before joining the Council of Insurance Agents & Brokers in 1998 following its merger with the National Assn. of Insurance Brokers, Barbara Haugen was senior vp-government for the NAIB and a former vp-government affairs. Before joining the NAIB in 1981, she was director of communications for a senior White House adviser to President Jimmy Carter. One of very few women representing the insurance industry nationally, Ms. Haugen helps lead the Council's lobbying efforts.

Next challenge/goal: "When you think about a trade association, our challenge always is to represent our members' interests in the regulatory arena. Today, when we talk regulatory arena, we're talking states; we're talking potential federal regulation. We also have the issue globally. From my perspective, I think the thing that is most challenging is electronic commerce. Our members, and I think the industry generally, need help in sorting this issue out, and it's moving at such a fast speed and costs so much that it's imperative that we help our members. Our members will be looking at this as a way they can improve their service to clients. They also have to look at ways to improve the efficiency of their own operation. We have been working in a strategic alliance with the American Insurance Assn. and the Reinsurance Assn. of America on this issue."

Cheri J. Hawkins

Former Assistant Treasurer

Weyerhaeuser Inc.

Tacoma, Wash.

In industry since: 1971

Achievements: Cheri Hawkins opened doors for women in risk management when she became the first female president of the Risk & Insurance Management Society Inc. in 1990. She began her career at Weyerhaeuser Inc. in 1971 and rose to assistant treasurer and director of insurance before retiring in 1996.

During her long career, Ms. Hawkins served on several boards of directors, including those of the Vermont Captive Insurance Assn. and Panol Insurance Co., a subsidiary of the U.S. Olympic Committee. She also was on the board of governors of the Bermuda Risk Exchange Assn. In 1991, Ms. Hawkins was the Assn. of Professional Insurance Women Insurance Woman of the Year.

Next challenge/goal: "There are still basic things like fire protection and safety that still need to be handled. I preach it to anybody who will listen. Especially to the more seasoned risk managers, who are getting new people on their staff. They need to instill the basics in those people and not be like the medical community, where everyone is so specialized that no one knows the ground-level work."

Mary R. Hennessy

President and Chief Executive Officer

Overseas Partners Ltd.

Hamilton, Bermuda

In industry since: 1976

Achievements: Mary Hennessy was named president and chief executive officer of Overseas Partners Ltd. in April, after being appointed president and chief operating officer in January. Prior to joining the Bermuda reinsurer, she was with TIG Holdings Inc. from 1996-1999, first as executive vp and chief underwriting officer, then as president and chief operating officer. Prior to joining TIG, she spent nine years in the American Re organization in various capacities including president of Am-Re Services Inc., chairman and CEO of Am-Re Consultants Inc. and senior vp and chief actuary for American Re-Insurance Co.

Reasons for entering industry: "When I entered the business it was really because I had a math degree and I'd spent two years teaching high school math and I got laid off. It was really the best thing that happened to me because I was sort of intellectually frozen. I didn't know what else to do with a math degree. Insurance was a logical place for me to go.

"I never really noticed, frankly, that it was male-dominated, but I think that a large part of that was that I grew up in a family of nine but six of them were boys and the other girls didn't come along until late in all that. I never really thought that being a woman in the insurance industry was ever an obstacle to me at all."

Heidi E. Hutter

Former Chairman, President

and Chief Executive Officer

Swiss Reinsurance America Corp.

New York

In industry since: 1979

Achievements: Heidi Hutter joined North American Reinsurance Corp., the U.S. subsidiary of Swiss Reinsurance Co., fresh from college in 1979. She rose to executive vp and helped develop Swiss Re's financial reinsurance business. Ms. Hutter joined Lloyd's of London in 1993 to oversee the creation of Equitas Ltd., the run-off reinsurer that assumed the old-year liabilities of Lloyd's syndicates and enabled Lloyd's to re-establish itself as a leading insurance market. In 1995, Ms. Hutter was honored as the Insurance Woman of the Year by the Assn. of Professional Insurance Women. The following year, Ms. Hutter re-joined Swiss Re and was named head of its North American unit when she was not yet 40. She left Swiss Re in 1999, after a company restructuring.

Next challenge/goal: "At the moment, I'm more focused on things that I want to do for myself personally, but I expect to be working again next year. So, my next goal is to come back into the financial services industry in a place where I can do something new and different. I don't expect to go back in to insurance or reinsurance in the same way as I was before; I've been there and done that."