Feb. 6, 2013

Blue Cross Executive Peggy Scott Selected Among the 25 Business Insurance Women to Watch

Blue Cross and Blue Shield of Louisiana Executive Vice President, Chief Operating Officer and Chief Financial Officer Peggy Scott was chosen by Business Insurance magazine as one of its 25 Women to Watch for 2012.

Each year, the magazine recognizes talented and dynamic female executives working in the related fields of risk management, benefits management and commercial insurance nationwide.

“We are delighted that Peggy Scott has been honored at the national level for her dynamic leadership and vision,” said Mike Reitz, Blue Cross president and CEO. “Peggy plays an integral role in consistently delivering the very best to our customers and employees.”

Blue Cross and Blue Shield of Louisiana is the state’s oldest and largest health insurer, headquartered in Baton Rouge with eight sales offices statewide. “Our members get the best of both worlds,” Reitz said. “They get our local customer service and our deep knowledge of the communities we serve. But they also get national-caliber talent like Peggy working on their behalf, and through our membership in the Blue Cross Association, they get benefits that travel with them across the country and throughout the world.”

Scott is responsible for overall company operations and oversees all finance and treasury functions, human resources, benefits administration and customer service at Blue Cross and Blue Shield of Louisiana. In addition, she is president of the Blue Cross and Blue Shield of Louisiana Foundation.

“I am honored to be among these talented women who have been recognized for hard work and exceptional leadership,” Scott said. “I join them in thanking Business Insurance for highlighting the advancement of women in business.”

Scott is a true role model for businesswomen, and her accomplishments bring national recognition to Louisiana. She began her uniquely distinguished career in public accounting and consulting with Deloitte, where in record time she advanced to office managing partner—the first time in the company’s 100-year history that a woman was promoted to head an office. She went on to hold major operational and financial senior executive roles in the healthcare industry, including serving as executive vice president at Novant Health, Inc. and Pan-American Life Insurance Company. She joined Blue Cross as executive vice president and chief financial officer in 2005 and was appointed chief operating officer in 2008.

Recognized early in her career, she was named One of the Ten Outstanding Young Women of America in a competition of more than 106,000. More recently, she was featured in the Wall Street Journal as the National Financial Executive of the Year—the first woman in the nation to receive this award from Robert Half International. She was inducted into the American Institute of CPAs Business and Industry Hall of Fame, becoming the first person in Louisiana ever selected.

Active in leadership roles in her profession and community, Scott was most recently inducted into the Louisiana State University E.J. Ourso College of Business Hall of Distinction and given the LSU Pathfinder Award for excellence in business, leadership and community engagement. The Baton Rouge Business Report selected her as one of their Influential Women in Business.

As past president, Scott currently serves on the board of the Ourso College of Business Dean’s Council, on the Senior Strategy team of the Louisiana Business Group on Health, and on the Junior League’s Advisory Board. She is an editorial advisor for the Journal of Accountancy and a former adjunct professor at Tulane University Medical School in New Orleans. Having served on numerous domestic and international corporate boards, she remains active in her profession, where she has also served on boards and chaired committees within the American Institute of CPAs, Institute of Management Accountants and the American Council of Life Insurers.

Scott holds a bachelor’s degree in accounting from LSU and an executive MBA from Tulane.

This year marks the seventh year of the Women to Watch feature. Read Scott’s profile and watch a video from the awards luncheon online at the Business Insurance website.

About Blue Cross and Blue Shield of Louisiana
Founded in New Orleans in 1934, Blue Cross and Blue Shield of Louisiana is the oldest and largest Louisiana-based health insurance company. Blue Cross is a private, fully taxed mutual company, owned by policyholders—not shareholders—and governed by a local Board of Directors. It is an independent licensee of the Blue Cross and Blue Shield Association.

The company and its subsidiaries provide group and individual health insurance plans, life and disability insurance, group voluntary products and administrative services to more than one out of every four Louisiana residents. With headquarters in Baton Rouge and eight district offices, Blue Cross and Blue Shield of Louisiana employs more than 1,900 Louisianians who are committed to improving the lives of its customers by providing them with health guidance and affordable access to quality care.

Learn more on the company's website at www.bcbsla.com or on Facebook at www.facebook.com/bluecrossla. Follow Blue Cross on Twitter at www.twitter.com/BCBSLA and CEO Mike Reitz at www.twitter.com/MikeReitzCEO