ATHENS, Ga. — Robert E. Hoyt, a professor of risk management and insurance at the University of Georgia's Terry College of Business, has been appointed to the college's Dudley L. Moore Jr. Chair of Insurance.
Hoyt joined the Terry College as an assistant professor in 1988 and since 2000 has served as head of the Department of Insurance, Legal Studies and Real Estate. Before coming to Terry, Hoyt earned both his doctoral and master's degrees in risk and insurance from the Wharton School at the University of Pennsylvania. Hoyt received his bachelor's degrees in mathematics and economics from the University of Nebraska-Lincoln.
"Rob's stature as an academic and his leadership as department head have both been key to maintaining and enhancing the world-class reputation that our program in risk management and insurance enjoys," said Dean P. George Benson. "I am delighted the Board of Regents approved his appointment to the Moore Chair."
Hoyt is the second professor to hold the chair, succeeding Jim Trieschmann, who was named to the Moore Chair in September 1986 and recently retired following 27 years on the faculty.
Hoyt's research focuses on the areas of corporate hedging and enterprise risk management, the economics of insurance fraud, and insurer insolvency. He is a member of the International Insurance Society and has served as president of such organizations as the American Risk and Insurance Association, the Risk Theory Society and the Southern Risk and Insurance Association. He also serves on the board of directors of the Journal of Insurance Regulation and on the editorial boards of Risk Management and Insurance Review and the Journal of Financial Service Professionals. He is a trustee of the Griffith Foundation for Insurance Education and serves on the board of Athens Area Health Plan Select.
The Dudley L. Moore Jr. Chair of Insurance was created in 1986 by an endowment established by Dudley L. Moore Jr., who earned his bachelor's degree in insurance from UGA in 1957. An Atlanta business leader for 40 years, he was the founder, chairman and CEO of OMNI Insurance Group Inc., which was acquired by Hartford Financial Services in 1997. Moore now heads Moore Investment Group. He received the Terry College's Distinguished Alumnus Award in 1985 and was named Terry's Risk Management and Insurance Alumnus of the Year in 1992. Moore was elected as the first chairman of the Terry College's Board of Overseers after it was formally inaugurated in 2001 and continues to serve in that capacity.
Established in 1962, the Risk Management and Insurance Program at UGA's Terry College of Business is perennially rated among the nation's top five insurance programs in the rankings published by U.S. News and World Report and Business Insurance magazine.
The University of Georgia was the first Southern university - and one of the first in the nation - to establish a school of business. The School of Commerce, as it was known then, was founded in 1912. Today, the Terry College of Business is consistently ranked among the top 20 public business schools by U.S. News and World Report, BusinessWeek and other publications. The MBA program's average GMAT admissions test score of 659 ranks the Terry College as the 12 highest among public business schools.