Highlighting the event was the presentation of the Lifetime Achievement Award to J. Patrick Gallagher Jr., chairman, president and CEO of Arthur J. Gallagher & Co.
In addition, teams of professionals from across the industry were honored for specific projects they collaborated on in the field of commercial insurance.
Finalists in 10 categories were selected by Business Insurance staff from 150 nominations.
The winners were selected by a panel of risk managers who independently assessed each of the finalists.
The 2022 USIA winners are:
Broker Team of the Year
Willis Towers Watson PLC
Community Outreach Project of the Year (Donations)
Lockton Cos. LLC
Community Outreach Project of the Year (Pro Bono and Volunteer)
USI Insurance Services LLC
Diversity & Inclusion Initiative of the Year
Gehring Group Inc., a Risk Strategies company
Insurance Consulting Team of the Year
Corporate Risk Solutions
Insurance Underwriting Team of the Year
Burns & Wilcox
Legal Team of the Year
Liberty Mutual Insurance Co.
Risk Management Team of the Year
Bass Pro Shops/CorVel Corp.
TPA Team of the Year
Broadspire, a unit of Crawford & Co.
Wholesale Brokerage Team of the Year
Ryan Specialty Holdings Inc.
The awards program, which began in 2017, also raises funds to support the Business Insurance Scholarship. This endowment, administered by the Spencer Educational Foundation, aims to open new opportunities to provide scholarships to risk management and insurance students, as well as grants to support risk management and insurance programs, and to develop programming at universities without risk management degree programs, including HBCUs.
Profiles of the winners will appear in the November edition of Business Insurance.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.