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Business Insurance created the Risk Manager of the Year® award in 1977 to increase recognition of the risk management profession and to recognize outstanding performance in the practice of risk management.
The Risk Management Honor Roll® was introduced in 1981.
Honorees are selected by an independent panel of judges that includes winners from the previous year, insurance industry executives, an academic and a representative of the Risk & Insurance Management Society Inc., which co-sponsors the awards.
Judges for the 2016 awards were:
Laurent Barbagli, CEO of Axa Matrix Risk Consultants, part of Axa S.A. in Paris. Mr. Barbagli was group risk and insurance manager at Paris-based Lafarge S.A. when he was named to the 2015 Risk Management Honor Roll®.
David G. Cammarata, assistant treasurer for risk management and insurance for Verizon Communications Inc. in New York and a member of the 2015 Risk Management Honor Roll®.
Steve Denton, CEO of Atlanta-based brokerage Beecher Carlson Holdings Inc. and regional vice president of Brown & Brown Inc., Beecher Carlson's parent company.
Robert E. Hoyt, Dudley L. Moore Jr. chair, professor of risk management and insurance and department head, insurance, legal studies and real estate at the Terry College of Business, University of Georgia.
John Lupica, vice chairman and president, North America major accounts and specialty insurance at Chubb Ltd. in New York.
Brian W. Merkley, global director of corporate risk management with Salt Lake City-based Huntsman Corp. and a member of the 2015 Risk Management Honor Roll®.
Rick Roberts, director of risk management and employee benefits at Bickford Industries Inc. in Simsbury, Connecticut, and the immediate past-president of RIMS.
The judges scored each nominee on a scale of 1 to 10, according to how well he or she:
• Established and implemented an effective risk management program within the organization.
• Tackled and solved one or more major problems for his or her organization.
• Innovatively applied the diverse tools of risk management and insurance.
• Creatively and effectively used risk financing/insurance to structure a risk financing and risk transfer program that served the needs of the organization.
• Established a workable intelligence system inside and outside the organization that culminated in a flow of information about events and activities that affect the organization's risk management and insurance.
• Skillfully performed the functions of management in the overall organization and within the risk management/insurance department.
• Achieved the most effective program at the optimum cost over the long term.
• Developed technical expertise in any or all of the broad categories included within risk management, leading to a better managerial grasp of the operations aspects of the job.
• Exhibited an attitude and performed activities fostering the advancement of the risk management profession.
• Developed his or her career.