The Department of Risk Management & Insurance was founded in 1953 by a group of young and innovative scholars led by Kenneth Black Jr. Today we are one of the largest and finest centers of risk management education and research in the world.
With a focus on InsurTech, the department explores the role of new technology in shaping the pricing, processes, and products in insurance markets. Through experiential programs, our students complete real-world projects, preparing them for careers in high-demand and rapidly changing risk sectors.
Students consistently rank our faculty among Robinson’s highest in teaching effectiveness and top five in the Georgia State University Freshman Learning Community.
Our faculty are renowned as the best in their fields for research and thought leadership. Their expertise is often sought by media, other academicians, and public and private organizations. Several of our faculty have been called upon to provide expert testimony before members of the U.S. Senate and House of Representatives.
- Received 37 awards for research from 1999-2016
- Make more than 40 research presentations annually to a broad range of audiences worldwide
- Publish 30 or more articles annually in many of the top academic and practitioner journals
Our faculty members conduct research on the economic analysis of risk in its broadest sense. We study decision-making under risk and uncertainty at the individual, institutional and societal levels. For example, we examine how individuals make personal financial planning decisions under conditions of uncertainty. At the institutional level, we study how firms and financial intermediaries such as banks and insurance companies evaluate and manage risk. At the societal level, we analyze how governmental and private regulatory agencies manage aggregate risk exposures and allocate risk across society through laws and regulations. Consistent with our broad research vision, our faculty possess diverse academic backgrounds in economics, finance, law, applied mathematics and statistics.
The Risk Management Foundation (RMF) is a tax-exempt, public foundation that was organized in 1959 with the approval of the administration of Georgia State University and the Board of Regents of the University System of Georgia to:
- Provide the business community with a vehicle for raising funds to support Department of Risk Management & Insurance programs
- Assist in recruitment and retention of top faculty
- Provide financial awards to deserving students
- Promote and support important faculty research
The Georgia State University Risk Management & Insurance Hall of Fame is dedicated to Dr. Kenneth Black Jr., the founder of the risk management program at Georgia State University. He would be proud today of the accomplishments of his colleagues and students and the impact they have made throughout the world. We recognize and thank him for his enduring strategic vision that brought us to this moment.
GSU Risk Management & Insurance Hall of Fame inductees are chosen from Georgia State University alumni and faculty who have outstanding careers and exemplify the ideals and mission of the Department of Risk Management & Insurance.
This award recognizes the brightest individuals with significant career accomplishments who have been associated with the department throughout its more than 60-year history.