The Risk Manager of the Year® and Risk Management Honor Roll® Awards are presented by Crain Communications Inc.'s Business Insurance, which is the newsmagazine reporting weekly for corporate risk, employee benefit and financial executives, in collaboration with the Risk & Insurance Management Society Inc., which is the professional organization dedicated to advancing the practice of risk management.
The Risk Manager of the Year® Award was created in 1977 to increase recognition of the risk management profession and to recognize outstanding performance in the practice of risk management. The first award was presented in 1978. The Risk Management Honor Roll®; Awards were introduced in 1983.
Anyone involved in risk management for a corporation, financial institution, not-for-profit institution or government entity can be nominated. The person need not practice risk management full time, but the candidate must be a full-time employee of the corporation, institution or government entity for which he or she practices risk management. Administrators and executive directors of self-insurance funds or self-insurance pools are eligible for nomination. The candidate may be nominated by anyone familiar with his or her work, like a superior, the risk management staff, a colleague with another company or a broker, insurer or other service supplier. Previous candidates selected for the Risk Management Honor RollŽ are eligible to be re-nominated for the Risk Manager of the YearŽ Award five years after being named to the Honor Roll.