Announcing the Risk Management and Insurance Center
Announcing the Risk Management and Insurance Center
Renamed and Reimagined
Responding to the emerging developments in the field of risk management and insurance, and the unprecedented growth and re-structuring in the insurance industry worldwide, the Loyola Business Leadership Hub at the Quinlan School of Business is pleased to rename its Center for Risk Management to the Center for Risk Management and Insurance (RMIC). Under this change, we will pursue a vision of becoming an internationally recognized unit and a sophisticated laboratory for conducting scholarly and applied research and teaching in risk management and insurance. Key new initiatives of the new center are briefly discussed below.
Mission
The center’s mission will be rooted in three broad areas:
- Securing external funding and industry contracts to support seminars, conferences, and innovative educational programs in risk management and insurance.
- Fostering relationships with scholars and government agencies to influence regulatory and compliance policies in risk management and insurance.
- Engage faculty and students in conducting research in many areas including economics, finance, insurance, information systems, law, ethics, psychology, mathematics, healthcare, and environmental science, among others.
New Director
Quinlan accounting Professor, Norman Massel has been appointed as the new director of the Center for Risk Management and Insurance. Norman’s client based professional experience in banking, insurance, and real estate, and tax compliance coupled with his award-winning teaching and peer-reviewed publications will support, embrace, and increase Loyola faculty and student participation in research and education. Learn more about Professor Massel.
New Minor
The launch of the new center will coincide with advancing a proposal to create an undergraduate minor in Risk Management and Insurance in 2023, which builds on the core business curriculum at Loyola’s Quinlan School of Business and of the Actuarial Science minor program offered by the Department of Mathematics at Loyola’s College of Arts and Sciences.
The new minor program strives to achieve the following objectives:
- Aim to develop the academic and professional knowledge and skills of undergraduate students in managing risks associated with diverse insurance products focused on property, casualty, life, and those related to ethical and environmental liability contracts.
- Prepare qualified and motivated students for highly competitive positions of leadership and responsibility in risk management, insurance, financial services, and general business.
- Develop and deliver a speaker series on risk management and insurance, and sponsored internship opportunities for students gaining practical and applied experience in risk management and insurance.
New Professional Affiliation
The center will also engage professional risk and insurance associations to provide pathways for students to become chartered holders. Associations include Chartered Financial Analyst (CFA), Global Association of Risk Professionals (GARP), and Chartered Alternative Investment Analyst (CAIA).
Renamed and Reimagined
Responding to the emerging developments in the field of risk management and insurance, and the unprecedented growth and re-structuring in the insurance industry worldwide, the Loyola Business Leadership Hub at the Quinlan School of Business is pleased to rename its Center for Risk Management to the Center for Risk Management and Insurance (RMIC). Under this change, we will pursue a vision of becoming an internationally recognized unit and a sophisticated laboratory for conducting scholarly and applied research and teaching in risk management and insurance. Key new initiatives of the new center are briefly discussed below.
Mission
The center’s mission will be rooted in three broad areas:
- Securing external funding and industry contracts to support seminars, conferences, and innovative educational programs in risk management and insurance.
- Fostering relationships with scholars and government agencies to influence regulatory and compliance policies in risk management and insurance.
- Engage faculty and students in conducting research in many areas including economics, finance, insurance, information systems, law, ethics, psychology, mathematics, healthcare, and environmental science, among others.
New Director
Quinlan accounting Professor, Norman Massel has been appointed as the new director of the Center for Risk Management and Insurance. Norman’s client based professional experience in banking, insurance, and real estate, and tax compliance coupled with his award-winning teaching and peer-reviewed publications will support, embrace, and increase Loyola faculty and student participation in research and education. Learn more about Professor Massel.
New Minor
The launch of the new center will coincide with advancing a proposal to create an undergraduate minor in Risk Management and Insurance in 2023, which builds on the core business curriculum at Loyola’s Quinlan School of Business and of the Actuarial Science minor program offered by the Department of Mathematics at Loyola’s College of Arts and Sciences.
The new minor program strives to achieve the following objectives:
- Aim to develop the academic and professional knowledge and skills of undergraduate students in managing risks associated with diverse insurance products focused on property, casualty, life, and those related to ethical and environmental liability contracts.
- Prepare qualified and motivated students for highly competitive positions of leadership and responsibility in risk management, insurance, financial services, and general business.
- Develop and deliver a speaker series on risk management and insurance, and sponsored internship opportunities for students gaining practical and applied experience in risk management and insurance.
New Professional Affiliation
The center will also engage professional risk and insurance associations to provide pathways for students to become chartered holders. Associations include Chartered Financial Analyst (CFA), Global Association of Risk Professionals (GARP), and Chartered Alternative Investment Analyst (CAIA).