VOLUME XXII, ISSUE 3 SEPTEMBER 13, 2010 PAGE 1 RISKY BUSINESS TEMPLE UNIVERSITY, FOX SCHOOL OF BUSINESS DEPARTMENT OF RISK, INSURANCE AND HEALTH CARE MANAGEMENT H. WAYNE SNIDER DISTINGUISHED GUEST LECTURER SERIES Kenneth Rado was recruited from Temple University’s Fox School of Business by General Motors Corporation in 1978, after completing his Masters of Business Administration in Risk Management and Insurance. After General Motors, he quickly progressed through a number of increasingly responsible positions involving property loss mitigation, international insurance, tax planning and captive insurance company operations. He has served as the International Risk manager for Colgate Palmolive Company; where he was in charge of financing and loss mitigation solution for a portfolio of $17 million in risk associated costs in over 40 countries. Then, Mr Rado became the Director of Risk Management at PRIME Hospitality Corporation, where he handled claims management, loss prevention, risk avoidance training, security programs and OSHA compliance, a risk portfolio totaling $30 million. Mr. Rado, also, formed captives for Dover Corportaion and Realiance Group and First Union Corportaion (Wachovia). In July of 2006, Kenneth Rado joined Verisk Analytics Inc. as Director of Risk Management and Planning. He is responsible for Strategic Planning, Development and Implementation of a Corporate Enterprise Risk Management program on a global basis. This includes management of a $10 Million per year hazard risk program, Business Continuity Planning, risk mitigation, captive applications, and claims management. In his current role, Mr. Rado reports directly to Mark Anquillare, who is Chief Financial Officer and Executive Vice President of Verisk Analytics Inc.His formal education consists of: Bachelors of Sciences in Electrical Engineering from Temple University (1976), Masters of Business Administration in Risk Management and Insurance from Temple University Fox School of Business (1978) and advanced post graduate studies in Corporate Finance at New York University Stern School of Business (1987). Mr. Rado is the author numerous articles about Risk Management and Enterprise Risk Management and is recognized as an expert by National Underwriter, Risk and Insurance. He is a member of The Risk and Insurance Management Society NYC Chapter, NYC Risk Manager’s Roundtable and the Institute of Electrical Engineers, and is on the Editorial Board of The John Liner Review. Also, he was awarded the Mathew Lenz Award, from NY CPCY Society, in recognition of outstanding contributions to the advancement of Risk Management. WEDNESDAY, SEPTEMBER 15, 2010 WALK AUDITORIUM Ritter Annex 12:00 PM TO 12:50 Kenneth Rado Class of 1978 Director of Risk Management and Planning Insurance Services Office Upcoming Speakers: September 22, 2010 Debra L. Rodgers Vice President, Global Risk Management ARAMARK, Philadelphia September 29, 2010 David N. Suchsland Class of 1989 Consulting Office, Towers Watson, Philadelphia October 6, 2010 Dave Brennan Vice President of Sales, Mid- Atlantic Region, Met Life, Columbia, Maryland
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VOLUME XXII, ISSUE 3 ! SEPTEMBER 13, 2010
! PAGE 1
RISKY BUSINESSTEMPLE UNIVERSITY, FOX SCHOOL OF BUSINESS
DEPARTMENT OF RISK, INSURANCE AND HEALTH CARE MANAGEMENT
H. WAYNE SNIDER DISTINGUISHED GUEST LECTURER SERIES
Kenneth Rado was recruited from Temple University’s Fox School of Business by General Motors Corporation in 1978, after completing his Masters of Business Administration in Risk Management and Insurance. After General Motors, he quickly progressed through a number of increasingly responsible positions
involving property loss mitigation, international insurance, tax planning and captive insurance company operations. He has served as the International Risk manager for Colgate Palmolive Company; where he was in charge of financing and loss mitigation solution for a portfolio of $17 million in risk associated costs in over 40 countries. Then, Mr Rado became the Director of Risk Management at PRIME Hospitality Corporation, where he handled claims management, loss prevention, risk avoidance training, security programs and OSHA compliance, a risk portfolio totaling $30 million. Mr. Rado, also, formed captives for Dover Corportaion and Realiance Group and First Union Corportaion (Wachovia). In July of 2006, Kenneth Rado joined Verisk Analytics Inc. as Director of Risk Management and Planning. He is responsible for Strategic Planning, Development and Implementation of a Corporate Enterprise Risk Management program on a global basis. This includes management of a $10 Million per year hazard risk program, Business Continuity Planning, risk mitigation, captive applications, and claims management. In his current role, Mr. Rado reports directly to Mark Anquillare, who is Chief Financial Officer and Executive Vice President of Verisk Analytics Inc.His formal education consists of: Bachelors of Sciences in Electrical Engineering from Temple University (1976), Masters of Business Administration in Risk Management and Insurance from Temple University Fox School of Business (1978) and advanced post graduate studies in Corporate Finance at New York University Stern School of Business (1987).
Mr. Rado is the author numerous articles about Risk Management and Enterprise Risk Management and is recognized as an expert by National Underwriter, Risk and Insurance. He is a member of The Risk and Insurance Management Society NYC Chapter, NYC Risk Manager’s Roundtable and the Institute of Electrical Engineers, and is on the Editorial Board of The John Liner Review. Also, he was awarded the Mathew Lenz Award, from NY CPCY Society, in recognition of outstanding contributions to the advancement of Risk Management.
WEDNESDAY, SEPTEMBER 15, 2010
WALK AUDITORIUM
Ritter Annex
12:00 PM TO 12:50
Kenneth RadoClass of 1978
Director of Risk Management and Planning
Insurance Services Office
Upcoming Speakers:
September 22, 2010Debra L. RodgersVice President, Global Risk Management ARAMARK,Philadelphia
September 29, 2010David N. SuchslandClass of 1989Consulting Office, Towers Watson, Philadelphia
October 6, 2010Dave BrennanVice President of Sales, Mid-Atlantic Region, Met Life, Columbia, Maryland
VOLUME XXII, ISSUE 3 ! SEPTEMBER 13, 2010
! PAGE 2
MAP TO WALK AUDITORIUM
This Week:Risk, Insurance and Health Care Management Faculty Welcome Back ReceptionWednesday, September 15, 2010, 3:30-5:00 pm, MBA Commons, 7th floor Alter Hall
Fall 2010 Risk, Insurance and Health Care Management Department Welcome Back Reception will be held on Wednesday, September 15, from 3:30-5:00pm in the MBA Commons. This is great opportunity to socialize with returning classmates as well as new majors. New majors are strongly encouraged to attend as this is a great opportunity to familiarize yourself with your classmates and faculty in an informal setting. Snacks and refreshments will be served.
Professional Pictures, Thursday, September 16, 8am-5pm
If you plan on attending the Graduating Senior Career Reception or the Actuarial Science Internship Reception and you have not had a picture taken, this is your only chance to get it done. Sign up for time slots on doodle.com; you will receive an email from Gamma with details.
Risk Management and Insurance
Mix and MingleFriday, September 17, 2010, 12:00-12:50 pm
MBA Commons, 7th floor Alter Hall
Graduating Seniors Interview Skills WorkshopFriday, September 17 2010, Alter 231 3:45- 6:30 pm
(next on Friday, September 24, 2010)
The “Mix & Mingle” will be an informal gathering to help introduce our new members to returning members and officers of GIS. New and former members will learn about the programs offered by the Sigma Chapter, the benefits of becoming a member, and a have chance to to network with their peers.
Graduating seniors (December 2010 or May 2011) must attend one of the Graduating Seniors Interview Skills Workshops in order to fulfill the requirements for the Resume Book and attend the Graduating Seniors Career Reception on October 14, 2010. See email for further instructions.
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WALK AUDITORIUM
YOU ARE HERE
Upcoming Events:The 18th Semi-Annual Gamma Games Wednesday, September 15th, 2010, 6-8:00pm
A two hour test of athleticism and perseverance. If you though competition for internships was fierce, wait till you see what happens at Gamma Games. “I heard a kid died last year” said Adam Gitzes, a new actuarial science major (September 2010). This year promises to be even more exciting. Everyones favorite events like “ultimate musical chairs” and “tug-of-war” are returning, as well as some new ones. Unconfirmed rumors are circulating that a pit of lava and rattle snakes have been ordered for the upcoming event, and that a special policy from Lloyds of London has been issued to cover any potential liability claims. More details in next issue.
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Main CampusT E M P L E U N I V E R S I T Y
Buildings and Departments
Wheelchair Access
OXFORD STREETOXFORD STREET
SYDE
NHAM
STR
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CARL
ISLE
STR
EET
CECIL B. MOORE AVENUE CECIL B. MOORE AVENUE
MONTGOMERY AVENUE MONTGOMERY AVENUE
LIAC
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AS W
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16th
STR
EET
15th
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TREE
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LOT 9
LOT 3VISITORSPARKING
BELL
GARA
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VISITORSPARKING
LOT 1
LOT 7
LOT10
LOT5
BELL TOWER
tennis courts
sandvolleyball
POLETT WALK
Graduating Senior Career Reception: Thursday, October 14, 2010
Actuarial Science Internship Reception: Monday, November 15, 2010