Nicos A Scordis, Ph.D. Professor The John R. Cox/ACE Limited Chair in Risk and Insurance The Peter J Tobin College of Business St. John s University Summary of Accomplishments As Chairperson of the School of Risk Management, Insurance and Actuarial Science (from 2004 to 2007) led faculty and stakeholders, to develop the MS in Risk and Insurance. Publishes regularly both for academics and insurance managers. Frequently cited. Recognized twice for significant enhancements in the quality of insurance education from the American Risk and Insurance Association. Helps insurance managers make money, by working collaboratively with them, to address long-term capital-risk-value imbalances their insurance firms face. He has experience working with both small and large organizations (including the U.S. Securities and Exchange Commission, Swiss Re, MARSH, KPMG, A.M. Best. Recognized as expert resulting in invitations to serve on editorial boards and industry panels, to write questions for industry certification and to speak at industry events. Sought out by the 105 th US Congress for expert testimony on financial services integration. Inducted as an honorary member to the Omicron Delta Epsilon Economics Honor Society by my students. Received a Faculty Outstanding Achievement Award by my University. Recognized For Imagination and Creativity Interpersonal and Consensus-building Skills High Productivity Integrity Friendliness Page 1
Writing 2013, Principles for Sustainable Insurance: Risk Management and Value, Risk Management and Insurance Review, Forthcoming. With Y. Suzawa, A. Zwick and L. Ruckner. 2013, An Appetite for Profit: A Discussion of the Nuances and Unpredictability of Creating Value from Risk, Best s Review, April: 30-33. 2012, Connecting ERM, Strategic Risk Management and Sustainability, Risk Management, 59(9):30-33. 2012, Value from Hedging Risk with Reinsurance, Journal of Insurance Issues, 35(2): 210-231. With P. Steinorth. 2012, The Morality of Risk Modeling: An Aristotelian Approach. Journal of Business Ethics, Forthcoming. 2011, Financial Services and Economic Development, Journal of Global Business and Technology, 7(2): 26-38. With J. Barrese, A. Beer, P. Wang and C. Linsley. 2010, Shareholder Value: The Case of Japanese Captive Insurers, Asia-Pacific Journal of Risk and Insurance, 5(1), Article 3. With M. Yuji and Y. Suzawa. 2010, Agency vs. Stewardship: Performance, Strategic Flexibility and Risk, Corporate Governance and Control, 7(3): 247-258. With J. Barrese. 2009, Are You Using Good Risk Models? Risk Management, 56(7): 56. 2008, A Measure of the Stringency of State Insurance Regulation, Journal of Insurance Regulation, 27(2): 21-40. With J. Barrese and G. Lai. 2008, Impact of Cash Flow Volatility on Systematic Risk, Journal of Insurance Issues, 31(1): 43-71. With J. Barrese and P. Wang. 2008, The Value of Smoothing Cash Flow, Risk Management, 55(6): 38-41. 2008, The Impact of Terrorism, Natural Disasters, and Homeland Security on the Insurance Industry in Hancock and McIntyre, eds., Business Continuity & Homeland Security, Volume 2: Solutions that Work, (Edward Elgar Academic Publishing), ISBN: 978 1 84720 482 0 2007, Conditions for Captive Insurer Value: A Monte Carlo Simulation, Journal of Insurance Page 2
Issues, 30(2): 79-101. With J. Barrese and M. Yokohama. 2007, Ownership Concentration and Governance in the U.S. Insurance Industry, Journal of Insurance Issues, 30(1): 1-30. With J. Barrese and Gene Lai. 2006, Managerial Bias in Corporate Governance and the Effect of D&O Insurance: A Literature Review and Synthesis, International Journal of Disclosure and Governance, 3(3): 185-96. With J. Barrese. 2005, Terrorism: The Response and Interplay of Insurance and Business, in Johnson, Ledlow and Cwiek, eds., Community Preparedness and Response to Terrorism, (Praeger Publishers, ISBN 0-275-98366-8): 65-83. With J. Barrese and W. Fergunson. 2004, Financing the Impact of Terrorism: Can Insurers Cope?, St. John s Journal of Legal Commentary, 18(2): 489-96. 2004, The ART of Risk Management, Journal of Risk and Insurance, 71(2): 343-45. (Book review) 2003, Corporate Risk Management, Review of Business, 24(3): 26-29. With J. Barrese. 2003, Emerging Trends in Risk Management from the insurer s perspective: A conversation with Brian Duperreault, Review of Business, 24(3): 5-8. 2003, Teaching Introductory Concepts of Insurance Company Management: A Simulation Game, Review of Business, 24(1): 43-49. With J. Barrese and C. Schellhorn. 2002, Insurers Expansion into Banking: A Look at Operating Returns, Journal of Insurance Issues, 25(1): 1-23. With C. Schellhorn. 2002, Insurers Expansion into Banking: Thrifts and Benefits from Integration, Review of Business, 23(2): 49-52. With J. Barrese and C. Schellhorn. 2000, Integrated Risk Management: Techniques and Strategies for Reducing Risk, Journal of Risk and Insurance, 67(4): 667-68. (Book review) 2000, Foundations of Finance, 110 pages, (ART Academy Press, Zurich). With the Investment Consulting Group and Swiss Re. (Technical/substantive editor, Monograph ) 2000, Modern Portfolio Management, 98 pages, (ART Academy Press, Zurich). With the Investment Consulting Group and Swiss Re. (Technical/substantive editor, Monograph ) 2000, Valuation and the Cost of Capital, 86 pages, (ART Academy Press, Zurich). With the Page 3
Investment Consulting Group and Swiss Re. (Technical/substantive editor, Monograph ) 2000, Derivative Instruments, 107 pages, (ART Academy Press, Zurich). With the Investment Consulting Group and Swiss Re. (Technical/substantive editor and co-author, Monograph ) 2000, Pricing of Financial Derivatives, 114 pages, (ART Academy Press, Zurich). With the Investment Consulting Group and Swiss Re. (Technical/substantive editor and co-author, Monograph) 2000, Interest Rate Risk Management, 95 pages, (ART Academy Press, Zurich). With the Investment Consulting Group and Swiss Re. (Technical/substantive editor, Monograph) 1999, A Framework for Alternative Risk Financing, Risk Financier, May, 7-9. 1999, Follow the Leader, Best s Review, 100(2):103-104. With F. Katrishen. 1999, Protecting the Bottom Line: Insurance and Alternatives, Best s Review, 99(12):79. With R. Gorvett. 1999, Weighing Up the Opportunities on Globalization Bandwagon, Insurance Day, June 8, 7. With F. Katrishen. 1998, Captives: Improving Firm Value of Managers Golf Scores?, Risk Financier, May, 6-7. With F. Katrishen. 1998, Conflicts of Interest in Corporate Risk Management, Risk Financier, November, 7-9. With A. Saporoschenko. 1998, Policyholder Dividend Policy and the Costs of Managerial Discretion, Journal of Risk and Insurance, 65(2):289-302. With T. Pritchett. 1998, Captive Insurance Companies and Manager-Owner Conflicts, Journal of Risk and Insurance, 65(2):319-330. With M. Porat. 1998, Scale Economies in the International Insurance Industry, Journal of International Business Studies, 29(2): 305-23. With F. Katrishen. 1997, The Changing International Insurance Industry, in Aharoni, ed., The Changing Role of State Intervention in Services in an Era of Open International Markets, (State University of New York Press). ISBN-10 0 791 43228 9. With F. Katrishen. Page 4
University Courses Taught Strategic Finance Policy for Insurers Insurance and Alternative Risk Transfer Enterprise Risk Policy Insurance Economics Insurance Leadership in Markets and Society Peer Review Experience Risk Modeling Derivatives Foundation of Finance Risk Management Applied Research & Writing Journal of Risk and Insurance, Associate Editor. Reviews manuscripts submitted for publication and makes publication recommendations. On going since 2008. Risk Management and Insurance Review, Associate Editor. Reviews manuscripts submitted for publication and makes publication recommendations. On going since 2005. Financial Management Association International. Program Committee of the Annual Meeting. Reviews and ranks manuscripts submitted for presentation to the Association s annual meeting. Participated on the program committee for the Europe and/or American meeting since 2003. Journal of Applied Risk Management and Insurance. Editorial Board. The journal s mission is to bridge academic research with risk management and insurance industry practices. Since 2012. Education University of South Carolina Doctor of Philosophy, 1994 Specialization: Insurance Economics and Corporate Finance University of Georgia Masters of Business Administration, 1989 Florida State University Bachelor of Science Cum Laude, Risk Management and Insurance, 1988 Bachelor of Science Cum Laude, Hotel Management, 1988 Page 5
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