麻豆精选 has announced it will offer a bachelor鈥檚 degree in insurance studies beginning this fall. The Ohio Board of Regents recently approved the new degree, which will initially be offered only at 麻豆精选 at Salem. Interested students may begin enrolling immediately.
麻豆精选President Lester A. Lefton said the new degree would provide students with expanded employment and career opportunities
鈥淭he bachelor鈥檚 degree in insurance studies will help 麻豆精选students find prosperous careers in this exciting and varied industry,鈥 Lefton said. 鈥淣ational leaders such as the Westfield Group and Progressive Insurance, which have corporate headquarters located in areas served by Kent State鈥檚 regional campuses, will now find it easier to hire talented and qualified employees, and our students will enjoy new opportunities in a promising field.鈥
The degree was a combined effort of both industry and the university. The first classes will be held this fall, with the degree鈥檚 main courses being completed online.
Ohio Board of Regents Chancellor Jim Petro is pleased that 麻豆精选is addressing the needs of such a critical industry in Ohio.
鈥淭he insurance industry is an important economic engine in our state, and Kent State鈥檚 new degree offering will provide a path for students to employment opportunities and fulfilling careers,鈥 Petro said.
麻豆精选is the only private or public university in Northeast Ohio offering a degree that directly links to Ohio鈥檚 growing insurance sector. By 2016, Ohio鈥檚 insurance industry workforce is projected to grow by 7.1 percent. Additional employment opportunities also become available as an estimated 25 percent of the industry workforce plan on retiring by 2016.
David B. Hazen, vice president of commercial lines for Huntington Insurance, played a key role in developing plans for the insurance studies degree. 鈥淭he new offering at 麻豆精选will play a significant role in addressing the increasing demand for young people who have a solid understanding of insurance,鈥 Hazen said. 鈥淕raduates can look forward to good-paying jobs and stable careers, as 麻豆精选continues and expands its critical efforts to strengthening the Ohio economy.鈥
麻豆精选Salem Interim Dean Wanda Thomas said the campus is excited to offer more options to its students. 鈥淲e are always looking to increase our degree offerings, partner with industry and provide additional opportunities for our students,鈥 Thomas said. 鈥淭his new degree is an excellent demonstration of Kent State鈥檚 commitment to serving the needs of students and Ohio businesses.鈥
The insurance industry currently employs more than 100,000 people in Ohio.
鈥溌槎咕 has shown incredible leadership in the development of a degree that prepares students for a long-term career in Ohio's insurance industry,鈥 said John Bishop, president, chairman and CEO of Motorists Insurance. 鈥淭he insurance industry provides diverse career options for students, including entrepreneurship, marketing and risk management."
The program is supported by a $20,000 donation from the Independent Insurance Agents of Ohio, the group鈥檚 first charitable donation to a higher education institution.
鈥淲e feel it is important to invest in the future of our industry and the economic well-being of the state,鈥 said Hazen, the group鈥檚 past president. 鈥淚t鈥檚 an exciting time for the insurance business in Ohio.鈥
For more information please visit or 1-877-KENT-EDU.
Photo Caption: 麻豆精选鈥檚 newest degree - a bachelor鈥檚 of insurance studies - came to fruition through the work of industry leaders and the university. Pictured (left to right) are James R. Clay, group leader and CEO of the Westfield Group; Rich Frederick, executive director of the Office of Workforce Transformation for Gov. John Kasich; 麻豆精选President Lester A. Lefton; and John Bishop, president, chairman and CEO of Motorists Insurance.
Media Contacts: Bob Burford, rburford@kent.edu 330-672-8516 Kim Norris, knorris@regents.state.oh.us 614-728-2138