The University of Iowa’s undergraduate insurance degree program has only been around a year, and it’s already being named among the top ten such programs in the country. Martin Grace, who heads the UI’s Risk Management and Insurance program in the Tippie College of Business, says it’s a thrill to see national recognition for such a new effort.
More than 200 students have signed on for the new major at the Iowa City institution.
Last week, U.S. News and World Report named the UI’s insurance degree program number-eight in the nation, its first appearance in the rankings. While the state is widely known for its hogs, corn and soybeans, more than 200 insurance companies are headquartered in Iowa.
He says the risk management and insurance industry is the state’s largest non-agricultural economic sector, while the finance and insurance industries account for some 95,000 Iowa jobs.
He predicts the demand for risk management and insurance graduates will continue to grow, especially as the U.S. Chamber of Commerce refers to Des Moines as a “global hub of the insurance industry.”
