Mission Statement of the
Academy of Risk Management and Insurance
Created by James Maguire ’58, founder of Philadelphia Insurance Company, the mission of the Academy of Risk Management and Insurance is to promote and support the concept of risk management and insurance education; to provide services to risk management and insurance students, including scholarship aid, recruiting, internships/cooperative education, counseling and placement; and, with and through the University, to support the Department of Finance, which houses the Risk Management and Insurance Program.
A Transformative Gift: Support for RMI Students and Faculty
In July 2017, James and Frances Maguire bestowed a $50 million gift on Saint Joseph’s University, a portion of which will establish multiple endowed funds in support of SJU’s No. 1 nationally ranked risk management and insurance program, providing critical support for faculty, scholarship opportunities for students, and professional development opportunities for both.