2006 Women to Watch: Cathy A. HauckPosted On: Oct. 8, 2006 12:00 AM CST
Executive Vp, General Counsel and Corporate Secretary
Partner Reinsurance Co.
Cathy A. Hauck began her insurance career in 1984 as an attorney with New York-based American International Group Inc. Over the next 15 years, she gained solid expertise in corporate and regulatory matters for property/casualty insurers working at a variety of companies—including NAC Reinsurance Corp., where she served as associate general counsel and assistant secretary—before joining PartnerRe as executive vp, general counsel and corporate secretary in 1999. Ms. Hauck has previously served as chair to the National Conference of Insurance Legislators and currently is vice chair on the Reinsurance Assn. of America’s legal committee.
Q: Who has had the greatest influence on your career and why?
A: "I began my legal career at American International Group and my first supervisor and mentor was Patrick Foley. He was extremely influential in my career in terms of broadening my experience, advising me and encouraging me to go for my brokers license, my CPCU courses, and my ARe (designation), to get a strong foundation in the insurance business."
Q: What advice would you give young women entering the industry today?
A: "I would encourage them to seize every opportunity to take risks, experience new opportunities, broaden their education and network with industry representatives across the financial services (industry). Networking is a tremendous benefit, and it never hurts to ask a question or seek out an opportunity. You’ll always find that people are willing to help more than initially thought."
Q: If you had the ability to change one thing about the industry what would it be?
A: "I would encourage more free enterprise, allow it to become a true commercial marketplace, with less regulation and oversight."