U. of Kansas Business School Creates Insurance, Risk Management Program

April 10, 2019

A $1 million gift has helped the University of Kansas School of Business to establish a new insurance and risk management certificate program, which will launch in the fall.

The gift, from Cheryl Lockton Williams, of Mission Hills, honors her late husband, Jack Lockton, who founded the Kansas City, Missouri-based Lockton Companies.

Other industry companies also are contributing to the program. Partners, which will be announced at a later date, are providing $50,000 each over a five-year period to support the program; partner companies will serve on a program advisory committee and participate in career events and speaking engagements at the School of Business. They also will be able to provide opportunities for student experiential activities.

The certificate program will prepare students for careers in insurance and risk management. The curriculum comprises two required business courses in risk management and a choice of two elective courses that equip students with skills to manage and protect assets and organizational value. Three experiential activities, such as job shadowing, internships and industry activities, also will be required.

Students also will earn the Kansas Insurance Certificate upon completion of the program, and industry partners will benefit from having skilled graduates join the industry.

The Locktons were married for 31 years until Jack’s death of pancreatic cancer in 2004. Williams said she is happy that the gift will provide students with a quality education and practical skills in risk management. She is a native of Independence, Missouri, and is married to dentist Dr. Bernard Williams.

Source: University of Kansas

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