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PHILADELPHIA--The Insurance Education Institute and the Reinsurance Assn. of America have awarded the Lifetime Achievement Award to William H. Panning, executive vp and managing director at Willis Re Inc.
Frank Nutter, RAA president, and Larry Forrester, IEI president, presented the award during the RAA's annual Current Issues Forum last month in Philadelphia.
The award was created to recognize insurance professionals who have championed education and professional development and whose organizations have supported both the IEI and the RAA.
Mr. Panning has been educating business professionals since 1974, and the IEI and RAA noted that for the last three decades, he has been a "passionate and tireless researcher, author and educator, continually working to improve the insurance industry's understanding of enterprise risk management."
The IEI created the Lifetime Achievement Award in 2003 to recognize those who contribute to establishing and endorsing insurance education to younger generations.
The Insurance Education Institute's mission is to improve the understanding of insurance and risk management and their role in society.