Page 13 - INA Program Book
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2020 ANNUAL MEETING   |   11



          Mike Strakhov, MBA, CCLA, CPCU                          and Operating Committee, and also serves on The Diversity
          Live Oak Bank                                           Council, and the Travelers Foundation Board. Woodward also
                                          Mike Strakhov joined                                    chairs the Travelers
                                          Live Oak Bank with                                      Environmental, Social,
                                          more than 27 years                                      and Governance (ESG)
                                          in the Insurance                                        Committee, and she is
                                          industry. He has held                                   the Executive Sponsor
                                          positions as a claims                                   of the Military and
                                          adjuster, commercial                                    Veterans Diversity
                                          producer, personal                                      Network for the
                                          and commercial                                          company.
                                          lines marketing                                         Woodward joined
                                          manager, territory                                      Travelers in 2008 from
                                          manager and the                                         Goldman Sachs to
          head of a large multi-state agency. Prior to Live Oak,   establish The Travelers Institute as the company’s thought
          Mike served as Branch Vice President of CNA Insurance   leadership and public policy platform.
          Companies for the state of Ohio. His career also included
          tenure with Chubb Group of Insurance Companies where    Prior to her current role, Woodward worked at Goldman,
          he was a Branch Manager responsible for all aspects of   Sachs & Co. for ten years, where she was the founding
          management for the states of Alabama and Mississippi.   Executive Director of the company’s Global Markets Institute,
          He then moved to First Niagara Risk Management (FNRM)   the firm’s international public policy and institutional investor
          in various roles including, Interim CEO and Managing    educational platform. She also served as Vice President
          Director of Field Operations of a $67M+ revenue         and Director of Washington Equity and Bond Research
          insurance broker consisting of 90 producers across NY,   for Goldman Sachs’ Global Investment Research where
          PA and CT. As a member of the FNRM acquisition team,    Institutional Investor magazine recognized her as a top
          he participated in the review and analysis of a significant   Washington analyst for investors.
          number of agency acquisitions. Mike has a Master’s in
          Insurance Management from Boston University and         Prior to joining Goldman Sachs, Woodward worked on
          a CPCU designation from the American Institute for      Capitol Hill for 12 years, as Deputy Chief of Staff for the U.S.
          Chartered Property Casualty Underwriters.               Senate Finance Committee working for Chairman Bill Roth,
                                                                  where she was instrumental in creating the Roth IRA. She also
          Mike is the Head of Insurance Lending at Live Oak Bank.   was the Chief Economist for the Senate Governmental Affairs
          He’s responsible for leading the insurance lending team   Committee and the U.S. House Budget Committee under
          in developing a profitable portfolio of insurance agency   Chairman John Kasich.
          loans for the bank.
                                                                  She serves on the Board of Directors of the United States
                                                                  Chamber of Commerce Foundation, is a member of the
                                                                  Board of Overseers of the RAND Institute for Civil Justice, and
                                                                  a member of the President’s National Small and Medium
                                                                  Enterprise (SME) Export Council. Reactions Magazine named
                                                                  her to the Top 50 Women in Insurance, and in 2016, she was
                                                                  named to the Hot 100 in Insurance list by Insurance Business
                                                                  America Magazine. In 2017, she received the 2017 Power
          Joan K. Woodward                                        Women’s Leadership Award by NY Moves magazine.
          The Travelers Institute
                                                                  Woodward holds bachelor’s degrees in economics and
          Joan K. Woodward is Executive Vice President of Public Policy   political science and a master’s degree from The American
          for Travelers, and President of The Travelers Institute. She   University. She also studied at the University of London.
          is a member of the company’s Management Committee
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