ACE Limited's Evan G. Greenberg to be Honored as SRM's Insurance Leader of the Year

January 10, 2012

St. John’s University’s School of Risk Management (SRM), will honor Evan G. Greenberg, Chairman and Chief Executive Officer of ACE Limited, as the “2011 Insurance Leader of the Year” at its 17th Annual Insurance Leader of the Year Award Dinner.  The event will take place on Wednesday, January 18, 2012, at 6 p.m. at the Marriott Marquis in New York City.  Proceeds of the dinner will support the University’s SRM students and programs.

“I am especially pleased that we recognize my good friend and long term associate, Evan Greenberg,” said Brian Duperreault, President and Chief Executive Officer of Marsh & McLennan Companies, Inc., and Chairman of the SRM Board of Overseers. “Evan is acknowledged as one of the most effective CEOs in our business.  His track record of performance and stockholder returns is second to none. In addition, he is also one of the most influential executives in Asian affairs, particularly US-China relations.  For these and his many other contributions to our industry, he is a most worthy recipient of the Insurance Leader of the Year Award.”

Brandon W. Sweitzer, Dean of the School of Risk Management, also had high praise for this year’s honoree.

“For many years, Evan Greenberg has been a determined force in the risk industry, skillfully guiding one of its finest franchises,” commented Mr. Sweitzer.  “The School’s students would do well to look closely at Evan’s unswerving focus on good business fundamentals as they prepare for future leadership roles in the insurance and reinsurance arena. His colleagues and competitors alike respect his knowledge of, and solid grip upon, what it takes to succeed in a crucially important segment of the world’s economy.  Our congratulations go out to him.”

The Award Selection Committee is chaired by Joseph Mauriello, Retired Deputy Chairman and COO of KPMG LLP, and includes George Bernstein, Esq. of The Bernstein Law Firm, P.L.L.C. (Washington, D.C.); Robert P. Hartwig, Ph.D., President of the Insurance Information Institute; Michael J. Morrissey, President and CEO of the International Insurance Society; Ellen Thrower, Ph.D., Professor of Risk Management and Retired Executive Director of SRM; and Peter B. Walker, Director of McKinsey & Company (New York).

The “Insurance Leader of the Year Award,” presented annually since 1995, recognizes the contributions of outstanding individuals whose leadership in the worldwide insurance and financial services industry sets them apart from their peers.  Last year’s recipient was Joseph V. Taranto, Chairman and CEO of Everest Re Group,  Ltd.

The School of Risk Management was founded in 1901 as the Insurance Society of New York and over the years evolved into The College of Insurance (TCI).  In June 2001, TCI merged with St. John’s University, becoming a school of The Peter J. Tobin College of Business.  Located in New York City’s downtown financial district, SRM awards undergraduate, M.B.A., and M.S. degrees in the insurance, risk management and actuarial science disciplines.  Through its Center for Professional Education, SRM also provides education, training and consulting services to the industry, governments and regulators worldwide.

A photo of Evan G. Greenberg is available upon request.  For more information or to attend the dinner, please contact Maureen Furlong-Weber of St. John’s University’s School of Risk Management by calling 212-277-5111. Interested media representatives can contact Dominic Scianna, Assistant Vice President of Media Relations at St. John’s University by calling (718) 990-6185 or e-mail inquiries to sciannad@stjohns.edu.