QUEENS, New York, April 13 (TNSfund) — St. John’s The university released the following news:
St. John’s of the University Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science (GSRM), which is part of The Peter J. Tobin College of Businesshosted its 26th Annual Insurance Leader of the Year Awards Dinner on April 7raising a total of $2.2 million to fund scholarships and support program initiatives. The in-person event, held for the first time since January 2020was a historic celebration for the insurance industry and University supporters.
The dinner was held in honor of Tricia GriffithPresident and Chief Executive Officer (CEO), The progressive societywho was named the 2020 Insurance Leader of the Year. This prestigious award, given annually since 1995, recognizes the contributions of exceptional individuals whose leadership in the global insurance and financial services industry sets them apart from others. their peers.
The dinner is normally held in January when the previous year’s prize is awarded. The 2020 award was presented at this year’s dinner as it was canceled in 2021 due to the COVID-19 pandemic. The event, held at Marriott Marquis of New York in Manhattan, NYdrew a crowd of over 800 members of the global insurance industry, senior University leaders, students, faculty, corporate executives, guests, family and friends .
In addition to $1.7 million in funds raised during the dinner, the The Greenberg School Supervisory Board launched a campaign among its members and board companies to create a scholarship fund endowed at St. John’s University in the honoree’s name. This initiative has already raised $500,000bringing the total amount of funds raised to $2.2 million.
Tricia Griffith Street. John’s University Women in Insurance Scholarship Endowed with Supporter Gifts in Honor Mrs. Griffith and her role as a pioneer in the life insurance industry. The fund will support scholarships for GSRM students, with preference given to female students – grateful At Mr. Griffith’s own path to success.
A highlight of the evening was the video presentation of At Mrs. Griffith’s his life and career which detailed his humble beginnings, his immeasurable devotion to family, his remarkable professional achievement and his unwavering commitment to diversity and inclusion, as well as a firm commitment to Catholic education and the ideals of give back to those in need.
The daughter of an insurance salesman, Mrs. Griffith joined Progressive after earning a bachelor’s degree from Illinois State University. She started as a claims representative in 1988 and held many key leadership positions at Progressive during her tenure. She held several senior positions within the claims division before being appointed Director of Human Resources in 2002. In 2008, she returned to claims as Group President, overseeing all claims functions. Prior to being appointed Chief Operating Officer of Individuals, Mrs. Griffith was president of customer operations, overseeing claims and the customer management group, which includes the company’s contact center group (sales and delivery), as well as the customer experience, customer experience workforce management and systems.
In December 2018, she was the first woman to be named “Businessman of the Year” by Fortune Magazine and ranked 54th on Forbes’ list of “World’s Most Powerful Women.” Since taking over the role of CEO, she has been named one of Fortune’s “Most Powerful Women in Business” each of the past four years.
“We are extremely proud to host this award and to have such an acclaimed winner as Tricia Griffith,” declared Brandon W. SweitzerDean, Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science.
The price at Mrs. Griffith was introduced by an industry colleague, Charles A. DavisChief executive officer, Pierre Point Capital LLC. Mr Davis served as honorary co-chair for the dinner, with Lawton W. Fittretired partner, Goldman Sachs Group. Both Mr Davis and Mrs Fitt are members of progressive society board of directors, with Mrs Fitt acting as Chairman of the Board of Directors.
“Balance, passion, leadership, generosity and humility are just some of the traits that describe and define Tricia Griffith,” mentioned Mr Davis. “She so deserves this award, and as an industry we are all so proud of her and her accomplishments at Progressive.”
As she accepted the award, a beaming Mrs. Griffith explained to the crowd, which included family members and friends from across the country, how education and mentorship had impacted his life and career. She also recognized Progressive’s core values that help guide her decision-making.
“We need to continue to evolve as an industry and as a society, and that means we need to reflect the people we lead and the customers we are privileged to serve,” she said. .
“The annual Insurance Leader of the Year Awards Dinner consistently highlights the strength of the relationship between St. John’s the university and the global insurance industry,” said Noreen R. SharpePh.D., Dean, and President Emeritus Joseph H. and Maria C. Schwartz, The Peter J. Tobin College of Business. “Tricia Griffith is the first woman to be honored – and I’m sure many more will follow – perhaps even some of our female students in attendance.”
In his opening prayer, the Rev. Brian J. ShanleyPO, President, St. John’s University, said, “We have come together for a noble purpose, and the insurance industry is first and foremost a service industry.
Recognizing the continued and essential support provided by the insurance industry to St. John’s University, P. Shanley observed: “There is an old saying that we should: ‘Pray as if it were all up to God and work as if it was all up to you.’ We depend on the insurance industry for our work and the work of educating the next generation of insurance leaders who, no doubt, will help this ballroom look very different 20 years from now.”
The award selection committee was chaired by Ellen Pitcherdoctorate, Professor Emeritus and retired CEO, St. John’s GSRM from the university, and includes George Bernstein, Esq. of Bernstein Law Firm, PLLC (washington d.c.); Robert P. HartwigPh.D., Clinical Associate Professor of Finance and Director, risk center and Management of uncertainties, Darla Moore School of Business, University of South Carolina; Kevin H. KelleyExecutive Advisor, Aquiline Capital Partners LLC; Joseph MaurielloVice President and Retired General Manager, KPMG srl; Michael J. Morrisseyspecial adviser and former CEO, International insurance company; Cynthia R. ShossPartner, Co-Chair, Global Board and Former Co-Head, Global Insurance, Eversheds Sutherland (USA) LLP; and Patrick J. Shouvlinretired partner, PricewaterhouseCoopers LLP.
Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science was founded in 1901 as New York Insurance Company and over the years has evolved into The college of insurance (TCI). In June 2001, TCI merged with St. John’s University, becoming a School which was part of The Peter J. Tobin College of Business. From its location to 101 Astor Place in from manhattan East Village, St. John’s awards undergraduate, MBA and MS degrees in the disciplines of insurance, risk management and actuarial science. Through his Tobin Center for Executive Educationthe University also provides education, training and consultancy services to industry, governments and regulators around the world.
GSRM is a global leader in risk and insurance education and training and attracts candidates from many parts of the world. All degree programs offered by The Peter J. Tobin College of Businessand thus by GSRM, are fully accredited by the Association to Advance Collegiate Schools of Business.