Joan T. Schmit Ph.D., CPCU, ARM American Family Insurance Chair in Risk Management University of Wisconsin-Madison
Joan T. Schmit holds the American Family Insurance Chair in Risk Management and Insurance at the University of Wisconsin, Madison, where she has been on the faculty since 1988. She has just returned to Madison from a one-year sabbatical at the University of Bath in England and St. Gallen University in Switzerland, after having served for six years as first department chair, then vice dean, and ultimately interim dean of the Wisconsin School of Business. She also serves as an affiliate faculty member in the Nelson Institute for Environmental Studies, the Peking University China Center for Insurance and Social Security Research, and in the insurance program at the University of St. Gallen in Switzerland. Prior to joining the faculty at Wisconsin, Professor Schmit spent four years on the faculty at the University of South Carolina.
Professor Schmit has published extensively in insurance and legal journals. While her early research focused on the interaction of law and economics in an insurance and risk management context, she has expanded into new dimensions, including enterprise risk management and reputation risk concerns. Currently her work is centered on aspects of developing insurance in emerging markets.
The program in risk management and insurance at the University of Wisconsin-Madison has existed since 1938 and currently is ranked second among all programs in the United States. Our alumni list is long and of very high quality, including insurance company, brokerage, and consulting executives in both life and non-life business. Faculty members equally shine in leadership positions, including four prior presidents of the American Risk and Insurance Association.