Business Services Industry
Madelyn Lankton of Travelers Receives Women in Insurance Leadership Award
Business Wire, Oct 8, 2008
SAINT PAUL, Minn. -- Madelyn Lankton, senior vice president, Travelers Claim Shared Services, was recently recognized with the Insurance Networking News annual Women in Insurance Leadership Award, a special designation to honor female insurance executives who have made a significant impact on their businesses.
"Madelyn not only delivers extraordinary results for Travelers, but she is also deeply committed to the development, personal growth and success of all our employees," said Doreen Spadorcia, executive vice president, Claim Services. "Talented people across Travelers look for the opportunity to work with Madelyn."
Lankton is currently responsible for both business and IT services within the Travelers Claim organization. Specifically, she is responsible for Claim Shared Services, an organization of over 1,500 people. The Claim Shared Services organization uses advanced technology, management information and data analysis to assist the company in reviewing its claim practices and results to evaluate and improve its performance. Lankton also serves as an executive mentor for individuals in the Finance and Information Technology Leadership Development Programs at Travelers. Additionally, she initiated the development of a Women's Mentoring Forum for high potential young women in the IT department.
"We are pleased to continue to recognize the unique accomplishments of our industry's prominent female leaders," said Carrie Burns, Insurance Networking News' senior managing editor and Women's Leadership project manager.
Insurance Networking News recognizes women in the insurance carrier, broker and agency community for their unique accomplishments, including job complexity, contribution to the institutions' top and bottom lines, ability to innovate and execute new products in new markets, shareholder value creation, corporate governance and ethics, management style, education and community involvement.
Lankton was one of six women from across the country to receive the honor. The 2008 winners will be featured in the November issue of Insurance Networking News and will be officially recognized at INN's Women in Insurance Leadership Forum November 11-12, 2008 in Las Vegas.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. Travelers understands that life and business are inherently dynamic and that the best way to serve customers is to deliver insurance in-synch with evolving risks. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. Travelers is a Fortune 100 company, with 2007 revenues of approximately $26 billion. The company has more than 33,000 employees. For more information on being in-synch, visit www.travelers.com.
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