RMI program receives $460,000 donation

Photo+courtesy+of+ULM++News+

Photo courtesy of ULM News

The Louisiana Department of Insurance (LDI) donated $460,000 to the Risk Management and Insurance program Thursday.

The program, which is one of only 32 in the U.S., is growing rapidly within the College of Business and Social Sciences.

It was ranked 13th largest RMI program in 2016 by “Business Insurance” website.

LDI is funded through several different channels.

The majority of their funds are self-generated from “various fees and licensing activities derived directly from every insurer and producer,” according to the Louisiana House of Representatives website. A small percent of the department’s budget comes from state and local government.

The check was presented by LDI’s Chief of Staff Denise Gardner at the 2017 Risk and Insurance Talent Search (RITS).

The RITS is a recruitment event and career day for Risk Management and Insurance majors and takes place in the SUB ballrooms.

The event included presentations by executives from leading companies, a luncheon and a chance for companies to exhibit at a small career fair.

The event also featured guest speaker Tony Gresham of Amwins.