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Fisk University, the Spencer Educational Foundation, and Ryan Specialty
collaborate through the R.I.S.E. Opportunity Foundation to support
underrepresented students.

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R.I.S.E. TO THE OCCASION


INCREASING DIVERSITY IN RISK MANAGEMENT AND INSURANCE


WE ARE REACHING OUT TO LET YOU, OUR VALUED TRADING PARTNERS, KNOW ABOUT A NEW
COLLABORATIVE DIVERSITY INITIATIVE. AS WE ALL KNOW, THE WORKFORCE TALENT IN THE
INSURANCE INDUSTRY IS NOT AS DIVERSE AS IT NEEDS TO, AND SHOULD, BE. THE EVENTS
OF LAST YEAR AND THE STUDY AT LLOYD’S WAS A CALL TO ACTION, AND WE ALL MUST BE A
PART OF THE SOLUTION. WE WANTED YOU TO BE AWARE OF THE EFFORT THAT IS UNDERWAY
BY GREAT ORGANIZATIONS LIKE FISK UNIVERSITY, THE SPENCER EDUCATIONAL FOUNDATION,
AND THE ACTION RYAN SPECIALTY IS TAKING TO BRING MORE DIVERSITY TO OUR GREAT
INDUSTRY. WE ARE JUST IN THE EARLY STAGES AND WELCOME ANY THOUGHTS OR
SUGGESTIONS ON HOW TO IMPROVE WHAT WE HAVE STARTED.


 


RYAN SPECIALTY IS VERY PROUD TO HAVE JOINED A UNIQUE AND POWERFUL COLLABORATIVE
STRATEGY WITH FISK UNIVERSITY AND THE R.I.S.E. OPPORTUNITY FOUNDATION
(R.I.S.E.), WHICH IS A PART OF THE RYAN FAMILY FOUNDATION. R.I.S.E. IS DEDICATED
TO MAKING A MAJOR IMPACT ON INCREASING DIVERSITY IN THE RISK MANAGEMENT AND
INSURANCE (RMI) INDUSTRY THROUGH PROMOTING THE RECRUITMENT, TRAINING, AND
PLACEMENT OF UNDERREPRESENTED MEMBERS OF OUR SOCIETY THROUGHOUT ALL LEVELS OF
THE COMMERCIAL INSURANCE INDUSTRY WORKFORCE. THE STARTING PLACE OF THIS EFFORT
IS THE ESTABLISHMENT OF AN RMI TRAINING, MENTORING, AND INTERNSHIP PROGRAM FOR
UNDERREPRESENTED MINORITY STUDENTS AT SELECT HIGH SCHOOLS AND HISTORICALLY BLACK
COLLEGES AND UNIVERSITIES.


 


TO THAT END, THE CORNERSTONE OF THIS RECENTLY ANNOUNCED INITIATIVE IS A $2.5
MILLION GIFT FROM THE RYAN FAMILY FOUNDATION TO SUPPORT THE DEVELOPMENT OF THE
PATRICK G. AND SHIRLEY W. RYAN RISK MANAGEMENT INSTITUTE AT FISK UNIVERSITY. THE
R.I.S.E. OPPORTUNITY FOUNDATION HAS ALSO PARTNERED WITH THE SPENCER EDUCATIONAL
FOUNDATION, A LEADING INDUSTRY NON-PROFIT DEDICATED TO FOSTERING THE NEXT
GENERATION OF DIVERSE AND TALENTED RISK MANAGEMENT AND INSURANCE PROFESSIONALS.
THE R.I.S.E. FUNDING RECENTLY AWARDED TO SPENCER WILL SPECIFICALLY BE USED TO
DEVELOP AN INTRODUCTION TO INSURANCE AND RISK MANAGEMENT COURSE AT FISK
UNIVERSITY, ON TRACK TO BE DELIVERED IN SPRING 2022.

 

Ryan Specialty is honored to offer pro bono services to R.I.S.E. in support of
this critically important initiative and already has been actively involved with
this mission by providing adjunct faculty to Fisk University and the high
schools, marketing and communication efforts, and hands-on training and
mentorship.

 

There are many organizations working to address the goal of further workforce
diversification, and Ryan Specialty Group remains committed to being a leader in
this effort. We are very much looking forward to seeing the R.I.S.E. effort grow
and expand, and most of all, to embracing much needed new and diverse talent
into our industry. We hope that in time you might feel this is a vehicle that
you can use to further diversify your workforce.

 

If you have any questions about R.I.S.E. or suggestions on building a more
diverse industry, please let us know.

 

Thank you for your time and for all that you do!

 

Tim

 

Timothy W. Turner

President, Ryan Specialty Group

Chairman & CEO, RT Specialty



Ryan Specialty Group, 180 N Stetson Ave, Suite 4600, Chicago, IL 60601

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