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CPCU September 2016 Chapter Meeting
September 13, 2016 @ 11:30 am - 1:00 pm
Speaker: Terri Vaughan
Topic: Insurance Risk Management / Drake Insurance
Therese M. Vaughan, Ph.D, ASA, ACAS, CPCU, MAAA
Dr. Vaughan is a leading expert in insurance regulation, having spent the bulk of her career as a scholar of regulation, an insurance regulator, or a representative of U.S. insurance regulation domestically and internationally. She is currently Dean of the College of Business and Public Administration at Drake University. She also serves as a director of Validus Holdings, Verisk Analytics, and Wellmark Blue Cross and Blue Shield.
From February 2009 to November 2012, Dr. Vaughan served as the Chief Executive Officer of the National Association of Insurance Commissioners (NAIC). As CEO, she oversaw the operations of the NAIC and served as its primary representative and chief spokesperson in Washington, D.C. She represented the NAIC as a member of the Executive Committee of the International Association of Insurance Supervisors (IAIS) and as a member of the steering committee for the U.S./E.U. Insurance Dialogue Project. In 2012, she chaired the Joint Forum, a Basel, Switzerland-based group of banking, insurance, and securities supervisors that studies and makes recommendations on cross-sectoral issues. Prior to joining the NAIC, Dr. Vaughan spent time in both academia, as the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at Drake University, and in regulation, as Iowa Insurance Commissioner and NAIC President.
Dr. Vaughan earned a Ph.D. in risk and insurance at the University of Pennsylvania and a B.B.A. in insurance and economics at the University of Iowa. She is a CPCU, an Associate of the Society of Actuaries, an Associate of the Casualty Actuarial Society, and a Member of the American Academy of Actuaries. She is the co-author of two college textbooks on insurance, Essentials of Insurance and Fundamentals of Risk and Insurance. She is a past editor of the Journal of Insurance Regulation and a past president of the American Risk and Insurance Association, the premier academic association devoted to the study and promotion of knowledge about risk management and insurance.
Dr. Vaughan has been recognized as one of the Top 25 Living Legends of Insurance (National Underwriter, 2012), 100 Most Influential People in Healthcare, (Modern Healthcare, 2011), Top 50 Women in the Insurance Industry (Reactions magazine, 2014), a University of Iowa Distinguished Young Alumnus (1996), member of the Iowa Insurance Hall of Fame (2003), Distinguished Fellow of the IAIS (2013), and Insurance Woman of the Year (Association of Professional Insurance Women, 2014). In 2016, Best’s Review named her one of the insurance industry’s key influencers.