Holmes Murphy donation supports new Iowa insurance major

Independent broker Holmes Murphy has made a “substantial financial commitment” to the new risk management and insurance program at the University of Iowa’s Henry B Tippie College of Business.

The college’s Vaughan Institute for Risk Management and Insurance launched a new undergraduate major in the autumn of 2023. The gift from Holmes Murphy would help the program “ready students for fast-track careers and leadership roles” and support research to “keep insurance companies on the cutting edge”, a statement from the organisations said.

Risk management and insurance account for 11% of Iowa’s gross domestic product, second only to agriculture, and employ more than 60,000 people.

“One of the things we love at Holmes Murphy is being able to invest in talent who wish to make insurance their career of choice,” said Holmes Murphy Chairman and CEO Dan Keough.

“This donation is just one of many ways we do this. In fact, through our work with ‘Insure Your Future’ and our early talent programs, including our DiscoverYou high school program, intern program, and talent onboarding program called the Brainery, our goal is to position the next generation of insurance industry professionals up for success.”

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