Guy Carpenter & Company, Inc., a leading global risk and reinsurance specialist, announced the appointment of David Lightfoot as Managing Director of Instrat Non-Americas.
“In this newly created position, Mr. Lightfoot will continue to report directly to Ryan Ogaard, Global Instrat Leader,” said the announcement. It described Instrat(R) as the broker’s “actuarial and catastrophe modeling division that utilizes industry-leading quantitative skills and modeling tools to optimize the reinsurance decision-making process for its clients.”
Lightfoot will be based in London, where he will oversee all Instrat resources in the UK, Continental Europe and Asia. He’s also expected to work closely with Guy Carpenter’s Regional Leaders to enhance Instrat’s capabilities in these important high growth areas. Lightfoot previously managed Instrat’s Western U.S. 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,” Ogaard indicated. “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, catastrophe modeling, finance, statistics and other disciplines who come together as a local resource for our clients worldwide.”
Lightfoot is a Certified Public Accountant 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. He was with PricewaterhouseCoopers for 11 years, including a two-year rotation with its Accounting, Auditing, and SEC directorate in New York.
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