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Hartwig to leave Insurance Information Institute, headed to academia

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Hartwig to leave Insurance Information Institute, headed to academia

Insurance Information Institute President Robert Hartwig will leave the institute later this year to accept an academic post, the organization announced Thursday.

Mr. Hartwig has served as president of the New York-based insurance industry-supported institution since 2007, and previously served as its chief economist. In its announcement, the institute said that he will join the faculty of the University of South Carolina's Darla Moore School of Business in Columbia, South Carolina, in August.

“My decision to leave the institute was an extremely difficult one,” said Mr. Hartwig in the announcement. “I love this job, this industry and the daily thrill and privilege of working with amazing people both at the organization itself and throughout the I.I.I.'s membership.

“At the same time, I have throughout my 23-year career in the insurance world always maintained strong ties to the academic community,” he said in the statement. “After 18 years at the Institute, now is the right time for me — both personally and professionally — to make a change. I am truly looking forward to my next important role — attracting and educating young talent to this vitally important industry.”

“Bob Hartwig has done an extraordinary job as president of the I.I.I., and finding a successor to fill his shoes will be a daunting task,” said Bruce Kelley, president and CEO of EMC Insurance Cos. in Des Moines, Iowa, and chairman of the institute's board of directors, in the statement.

Prior to joining the institute, Mr. Hartwig was director of economic research and senior economist at the National Council on Compensation Insurance in Boca Raton, Florida. He received his Ph.D. and Master of Science degrees in economics from the University of Illinois at Urbana-Champaign.