RIMS and American International Group Inc. announced Glen Frederick and P. Richard Hackenburg as the 2017 inductees to the Risk Management Hall of Fame (RMHF). Both honorees were officially inducted at RIMS 2017 Annual Conference & Exhibition in Philadelphia.

RMHF is a joint venture of the RIMS and AIG, and was created to preserve the history and tradition of the profession. Founded in 2011, nominees are considered from around the globe and inductees are selected by the RMHF Selection Committee.

“The risk management profession continues to make significant strides and has established itself as a must-have business function for countless organizations around the world,” said RIMS CEO Mary Roth. "It is an honor to join AIG in inducting these risk management stalwarts into the Risk Management Hall of Fame.”

The RMHF serves as a means to maintain the history of the field of risk management and recognizes risk practitioners who have made significant contributions to advancing the discipline.

The 2017 inductees to the RMHF are:

Glen Frederick, CRM

(Photo: RIMS)

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Glen Frederick, CRM


Glen Frederick’s career in risk management spanned for nearly 30 years. As a member of a senior management team within the government of British Columbia, Glen helped to establish a benchmark for risk management programs among Canadian provinces. In addition to the traditional risk management activities, Glen was responsible for launching an enterprise risk management strategy that was implemented throughout the provincial public sector.

Glen’s involvement with RIMS spanned 25 years. He served on the boards of the Manitoba, Canadian Capital Region, and British Columbia Chapters for almost all of his years as a RIMS member. He was very active with the RIMS Canada Council over a nine-year period, providing leadership in his role as chair, as well as other executive positions.

Glen was a member of the RIMS nominating committee for one term and was selected to chair that committee the following term prior to being sidelined by illness. Sadly, Glen passed away in 2013, just two years after winning the RIMS Harry and Dorothy Goodell Award and RIMS Donald M. Stuart, the industry’s highest honor and Canada’s highest honor for risk professionals respectively. He is survived by his wife Alice, his sons Steven and Scott and his daughter-in-law Carolyn.

P. Richard Hackenburg, CPCU

(Photo: RIMS)

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P. Richard Hackenburg, CPCU


P. Richard Hackenburg’s risk management career spanned more than 45 years. He began as an insurance manager at Westinghouse Electric Corporation in 1967 and would go to become the assistant treasurer of Allegheny International Inc. in 1974.

After Alleghany International, he held numerous high-profile positions throughout the industry that included president and CEO of Willis, Missouri, and COO of Willis Advanced Risk Management Services, among others. He retired on January 1, 2008.

He is a past member of the Associate in Risk Management (ARM) Advisory Committee of the Insurance Institutes of America where he served in an editorial capacity for the ARM textbooks. Richard also shared his wealth of industry experience as an active member and officer of numerous professional associations including the Captive Insurance Companies Association and the Society of CPCU, among numerous others.

He served in all officer positions for RIMS Pittsburgh Chapter. On the RIMS global board of directors, he held various officer positions from 1980 to 1986 and served as the Society’s president from 1985 to 1986. He and his wife, Linda, have been married for almost 50 years and currently reside in Southport, North Carolina. They have three children and 10 grandchildren.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].