Experienced judgment for the risks ahead.
Gary Boe brings a rare combination of electric cooperative governance, insurance and financial experience, and disciplined, member-focused leadership. As a candidate for the Federated Rural Electric Insurance Exchange Board of Directors, Gary is prepared to help Federated remain financially strong, responsive to its members and ready for the evolving risks facing rural utilities.
My mission is to keep insurance affordable, advocate for the unique needs of electric cooperatives, and expand wildfire coverage. Together, we can secure a bright and secure future for our cooperatives and the communities we serve. Thank you for your time and consideration!
The right experience for this board
Federated plays an essential role in protecting electric cooperatives, their employees, and the communities they serve. Effective oversight of a member-owned insurance organization requires more than an understanding of a single issue. It requires sound judgment, financial discipline, insurance fluency and a firsthand understanding of cooperative governance.
Gary offers that combination.
Proven Cooperative Governance
Gary has served as a Flathead Electric Cooperative trustee since 2016, including service as board president. He has earned NRECA’s Director Gold credential and understands the responsibilities of a cooperative director: asking informed questions, maintaining effective oversight, supporting management and keeping decisions focused on the long-term interests of members.
Insurance and Financial Experience
As Investment and Insurance Officer for Missoula County, Gary developed the first self-funded health insurance plan in the western United States. He completed the actuarial work for the plan, which was accepted by Lloyd’s of London for reinsurance.
That experience gave Gary a practical understanding of risk analysis, coverage design, reinsurance and the balance between affordability and long-term financial stability. He also holds an M.B.A. and a Bachelor of Science degree in finance from the University of Montana.
Disciplined Board Leadership
Gary served 24 years on the board of Missoula Federal Credit Union, including as treasurer, and was a longtime member of the Missoula County Airport Authority board. Through these roles, he gained extensive experience in financial oversight, audit, strategic planning and the governance of complex, member-focused organizations.
His service as a commissioned officer in the United States Navy further shaped his commitment to preparation, accountability and service.
Gary’s Priorities
If elected, Gary will work to:
Protect Federated’s long-term financial strength and its ability to serve members when they need it most.
Support coverage and risk-management services that respond to the changing needs of electric cooperatives.
Encourage disciplined use of data, safety, prevention and loss-control resources.
Balance affordable coverage with responsible, sustainable risk management.
Listen to and represent the diverse perspectives of Region 9 cooperatives.
Region 9 includes cooperatives serving vastly different communities, geographies and operating environments. Gary will approach the position as a representative of the entire region — listening to cooperative leaders, learning from their experiences and ensuring their perspectives are considered in Federated’s boardroom.
Experienced judgment. Cooperative commitment.
Gary understands cooperatives. He understands insurance and finance. Most importantly, he understands the responsibility of governing a member-owned organization for the long term.
Gary respectfully asks for your support and your vote for Federated Rural Electric Insurance Exchange Region 9 Director.
What Cooperative Leaders Say
“Gary Boe has an impeccable record of leadership and commands the technical expertise, experience and judgment to excel as Federated’s Region 9 Director. I’m fully confident he will demonstrate the same member-focused commitment to Federated that he has to Flathead Electric for the past ten years.”
“I have seen firsthand the preparation, discipline and sound judgment Gary brings to Flathead Electric’s board. He asks thoughtful questions, provides responsible oversight and keeps decisions focused on the long-term interests of the members we serve. Gary’s unique combination of cooperative governance, insurance and financial experience would make him an immediate asset to Federated’s board. He has my full support.”