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David Lightfoot Named Manager of Instrat Non-Americas at Guy Carpenter.


Business Editors

NEW YORK--(BUSINESS WIRE)--Dec. 29, 2003

Guy Carpenter Guy Carpenter was fictional character in the Australian soap opera Neighbours played by Andrew Williams from 1991 to 1992. Family Tree
  • Lou Carpenter (father), married to Cathy Carpenter (mother), Linda Carpenter, Trixie Tucker and had relationships with
 & Company, Inc., the leading global risk and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  specialist, announced today the appointment of David Lightfoot, Managing Director, to Manager of Instrat Non-Americas. In this newly created position, Mr. Lightfoot will continue to report directly to Ryan Ogaard, Global Instrat Leader. Instrat(R) is Guy Carpenter's actuarial and catastrophe modeling
This article refers to the use of computers to estimate losses caused by disasters. For other meanings of the word catastrophe, including catastrophe theory in mathematics, see catastrophe (disambiguation).
 division that utilizes industry-leading quantitative skills and modeling tools to optimize the reinsurance decision-making process for its clients.

As Manager of Instrat Non-Americas, Mr. Lightfoot will be based in London, where he will oversee all Instrat resources in the UK, Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas.  and Asia. He will work closely with Guy Carpenter's Regional Leaders to enhance Instrat's capabilities in these important high growth areas. Mr. Lightfoot was previously Manager of Instrat for the US Western Region.

"David will be instrumental in expanding our network of Instrat specialists who work closely with our account executives to help clients better understand and quantify the uncertainties inherent in their businesses," said Ogaard. "His accounting and finance expertise will be particularly useful as International Accounting Standards are adopted and begin to impact our clients' reinsurance options. David's appointment is an exciting development that underscores our commitment to assembling the industry's leading experts in actuarial science Actuarial science applies mathematical and statistical methods to finance and insurance, particularly to risk assessment. Actuaries are professionals who are qualified in this field through examinations and experience. , catastrophe modeling, finance, statistics and other disciplines who come together as a local resource for our clients worldwide."

Mr. Lightfoot is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 with over 20 years of diverse finance, accounting, and insurance experience. Prior to joining Guy Carpenter, he worked at Talegen Holdings, Inc., where he helped to restructure and sell its insurance subsidiaries on behalf of its parent, Xerox Corp. Prior to Talegen, Mr. Lightfoot served at PricewaterhouseCoopers for 11 years, including a two-year rotation with its Accounting, Auditing, and SEC directorate in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

Guy Carpenter & Company, Inc. is the world's leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies, Inc. Guy Carpenter creates and executes reinsurance and risk management solutions to clients worldwide through more than 2,300 professionals across the globe. The firm's full breadth of services includes 15 centers of excellence in Accident & Health, Agri-business, Captive and Program Managers , Environmental, General Casualty, Investment Banking*, Life & Annuity, Marine and Energy, Professional Liability, Property, Retrocessional, Structured Risk, Surety, Terror Risk, and Workers Compensation. In addition, Guy Carpenter's Instrat(R) unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and help make the firm's clients more successful. Guy Carpenter's website address is www.guycarp.com.

* Securities are offered in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  through MMC See MultiMediaCard and Microsoft Management Console.  

Securities Corp., Member NASD/SIPC. MMC Securities Corp. is an

affiliate of Guy Carpenter & Company, Inc.
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Publication:Business Wire
Date:Dec 29, 2003
Words:445
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