NEW YORK--(BUSINESS WIRE)--APIW, Inc. (the Association of Professional Insurance Women) announced that Tracey Carragher, Chief Executive Officer of Breckenridge Insurance Group, has been selected as this year’s recipient of the APIW Insurance Woman of the Year Award. A cocktail reception and award ceremony honoring Ms. Carragher will be held on Tuesday, June 2, 2015, from 6:00 p.m. to 8:00 p.m. at the Grand Hyatt at Grand Central Station in New York.
In announcing this year’s award, APIW President Cheryl Vollweiler said: “APIW is proud to bestow this honor on Tracey Carragher. She is an outstanding role model. Her mentoring, gracious management and demonstrated support for insurance professionals is well known. Her leadership and accomplishments, as well as her commitment to supporting and advancing women, are exceptional examples of the qualities that APIW looks for in the recipient of this highly prestigious honor. She has portrayed exemplary professionalism in all of her endeavors and is highly respected in the insurance industry and beyond.”
Ms. Carragher has led the swift growth in revenues and profitability of Breckenridge since founding the company in 2009. Earlier this year, her demonstrated leadership resulted in an unprecedented recapitalization of the group with new investors. With more than 250 employees, a dozen offices nationally and an international presence, the dynamic organization continues to realize success. Ms. Carragher strongly believes the diversity of the company drives innovation and she has cultivated a fast-paced, silo-free and lively culture in support of it. From new products that embrace the consumer in the financial services arena to proprietary insurance technologies, she is a recognized and respected industry advocate and change agent.
Prior to founding Breckenridge, Ms. Carragher held a variety of senior executive roles with both national and international responsibilities at some of the largest and most prestigious companies in the financial services industry. At Aon, she exponentially grew the wholesale and facultative brokerage divisions, and handled special projects including M&A and troubleshooting challenged business units worldwide. Before that, she was CEO of Cambridge, the largest third party claims management company, until its spin-off to Scandent. From 1989 to 1992, she was Divisional President at Frank B. Hall, turning around an unprofitable group in a key market, swiftly turning it into that firm’s “Operation of the Year.”
Earlier in her career, Ms. Carragher was Sr. Vice President at Alexander & Alexander, and a senior research consultant at McKinsey & Company.
Ms. Carragher has been named one of the “Top 50” women by Business Insurance Magazine and currently serves as a judge on an Advisory Panel for Risk and Insurance Magazine’s Workers’ Compensation Forum. A frequent speaker in different venues, she is an established force in the financial services industry. She has served on many not-for-profit boards, ranging from children’s residential and behavioral service organizations to helping support families of those with cancer and the adoption of rescue dogs.
Ms. Carragher is also an extraordinary role model for women in the insurance industry. She conducts mentoring sessions for young women at Breckenridge and encourages flexible work arrangements, recognizing family priorities to both women and men raising children, caring for aging parents and those who care for pets. Ms. Carragher also started the influential Women’s Networking Group at Target Markets Program Administrators Association.
The APIW Insurance Woman of the Year Award, first presented in 1976, recognizes an exceptional woman who has achieved prominence in her profession and has made significant contributions to the insurance industry. All nomination forms for APIW Insurance Woman of the Year are sent directly to an independent Woman of the Year Committee appointed by the APIW Immediate Past President. The Committee is comprised of no more than six accomplished professionals representing various segments of the industry.
Founded in 1976, APIW is the leading organization dedicated to advancement of professional insurance women and to the recognition of their contributions to the industry. APIW sponsors programs that encourage professional development and provide opportunities for members to hone leadership skills. The group has more than 300 members who are successful professionals in the insurance industry and have a cross-section of industry skills and knowledge to share. APIW is based in New York, with a network in Chicago. For more information about APIW, visit our web site at www.apiw.org or contact us at firstname.lastname@example.org.