Before a crowd of more than 1,500 insurance leaders from the
U.S. and abroad, St. John’s University’s School of Risk Management
(SRM) honored Joseph V. Taranto, Chairman and Chief Executive
Officer of Everest Re Group, Ltd., as the “2010 Insurance Leader of
the Year” last night in New York City.
The 16th Annual Insurance Leader of the Year Award Dinner was held
at the Marriott Marquis Hotel in Times Square. Brian Duperreault,
President and Chief Executive Officer, Marsh & McLennan
Companies, Inc., served as Honorary Chairman of the dinner. The
event, one of the highlights of the University calendar year,
raised a record $2.272 million with proceeds of the dinner
supporting St. John’s SRM students and academic programming.
“I want to thank those who donated and the future leaders of the
School of Risk Management for this special night,” said Taranto. “I
had the chance to visit St. John’s School of Risk Management
recently and they are a very impressive group. There are so many
people to thank for my career path and I’m delighted to be a part
of this event which raises money for students giving them a great
shot at a career in our field.”
Dr. Ellen Thrower, recently retired Executive Director of the
School of Risk Management at St. John’s, also had high praise for
this year’s honoree.
“During his long tenure as Chairman and CEO of Everest Re, Joe
Taranto has distinguished himself as an important voice and
exceptional leader in the global reinsurance community,” said Dr.
Thrower. “It is both a pleasure and an honor to recognize him as
the 2010 Insurance Leader of the Year.”
Dr. Thrower, who announced her retirement after 22 years with the
School this past December, was honored with a special resolution
passed by the Board of Overseers of SRM, and, a new location at the
Manhattan campus will be named the Ellen Thrower Center for
Apprenticeship and Career Services – to serve students studying in
the School of Risk Management field.
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 Lord Peter Levene, Chairman of Lloyd’s.
The Award Selection Committee is chaired by Joseph Mauriello,
Retired Deputy Chairman 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; and Peter B. Walker, Director of McKinsey & Company