School of Risk Management Honors 2003 Insurance Leader of the Year

September 16, 2003

John T. (Jack) Sinnott, Retired Chairman and CEO Of Marsh Inc. and Senior Advisor Of Marsh & Mclennan Companies, Inc., to be Honored by St. John's University's School of Risk Management as the 2003 Insurance Leader Of The Year

New York, NY - The School of Risk Management, Insurance, and Actuarial Science (SRM) of The Peter J. Tobin College of Business at St. John's University will honor John T. (Jack) Sinnott, Retired Chairman and CEO of Marsh Inc. and Senior Advisor of Marsh & McLennan Companies, Inc., as the "2003 Insurance Leader of the Year" at its Ninth Annual Insurance Leader of the Year Award Dinner on Thursday, January 22, 2004, at 6 p.m. at the Marriott Marquis in New York City.  Maurice R. (Hank) Greenberg, Chairman and CEO of American International Group, Inc. and Robert Clements, Chairman of Arch Capital Group Ltd. will serve as Honorary Co-Chairmen of the Dinner.

"This Award recognizes an individual's exceptional leadership over a lifetime or during the year of the award," said Brandon W. Sweitzer, Chairman of the SRM Board of Overseers. "For many years Jack has been outstanding among executives in the risk management industry.  He has an unparalleled scope of knowledge and is widely known for his fierce determination to provide clients superior service. His distinguished career of more than 40 years well qualifies him for this award."

 "Over Jack Sinnott's long career in insurance he has demonstrated outstanding leadership, not only at Marsh & McLennan Companies, but also within the entire insurance industry," said Dr. Ellen Thrower, Executive Director of The School of Risk Management.  "It is both a pleasure and an honor to recognize him as 2003 Insurance Leader of the Year."

The "Insurance Leader of the Year Award," presented annually since 1995, recognizes the contributions of outstanding individuals whose leadership in the worldwide insurance and financial services industry sets them apart from their peers. Past recipients are Paul B. Ingrey, Chairman & CEO of Arch Worldwide Insurance and Reinsurance Group; John J. (Jack) Byrne, Chairman of White Mountains Insurance Group Ltd. and Chairman of OneBeacon Insurance Group (formerly CGU); Ronald E. Ferguson, Chairman and CEO of General Re Corporation; Robert Clements, Chairman of Arch Capital Group, Ltd. and former President of Marsh & McLennan Companies; Maurice R. (Hank) Greenberg, Chairman & CEO of American International Group, Inc.; Patrick G. Ryan, Chairman of Aon Group; Sir David Rowland, former Chairman of Lloyd's of London; and Edward J. Muhl, former Superintendent of Insurance of the State of New York.

The Award Selection Committee is chaired by Kathryn McIntyre, who recently retired as Publishing Director of Business Insurance, and includes Richard E. Stewart, Stewart Economics (Chapel Hill, NC); George Bernstein, The Law Offices of George Bernstein; Peter Walker, McKinsey & Company; and Dr. Dan Anderson, Leslie P. Schultz Professor of Risk Management & Insurance at the University of Madison-Wisconsin.

The School of Risk Management, Insurance and Actuarial Science (SRM) was founded in 1901 as The Insurance Society of New York and over the years, evolved into The College of Insurance (TCI). In June 2001, TCI merged with St. John's University, becoming a school of the Peter J. Tobin College of Business. Located in New York City's downtown financial district, SRM awards undergraduate, MBA, and MS degrees in the insurance, risk management, and actuarial science disciplines. Through its Center for Professional Education, SRM also provides education, training and consulting services to industry, governments and regulators worldwide.

To attend the dinner, please contact call Maureen Furlong-Weber at 212-277-5111. Media inquiries can be directed to Jody Fisher, at 718-990-6185 or at fisherjo@stjohns.edu.