The College of Insurance (TCI) was a specialized accredited college, started by

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

industry leaders in 1901 as an insurance library society, the Insurance Society of New York (ISNY). The Insurance Society of New York initially provided study space and material to young people entering the insurance industry, and served as a site for insurance lectures. Over the years, ISNY developed a curriculum based upon these lectures. The curriculum ultimately led to the creation of The School of Insurance, followed by The College of Insurance. The College of Insurance offered bachelor's and master's degrees in insurance and actuarial science. It provided professional exam preparatory seminars for insurance and actuarial science designations and held classes after business hours for working professionals in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. At its largest, total enrollment was approximately 400. Among the benefits of the college was its co-operative program. Although most students were employed by local insurers prior to enrolling at TCI, others were placed with an insurer who paid the student and often subsidized the student's tuition. St Johns U Murray WST jeh

St. John's University

In 2001,

St. John's University St John's University may refer to: *St. John's University (New York City) **St. John's University School of Law **St. John's University (Italy) - Overseas Campus *College of Saint Benedict and Saint John's University, St. Joseph, Minnesota and Col ...

in Jamaica, New York took over the college's programs, creating The School of Risk Management, Insurance and Actuarial Science (SRM). The

Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...

location of the college now houses many graduate business and professional programs of St. John's Peter J. Tobin College of Business.

Location

Until May 2014, the college was located within the Financial District of lower Manhattan, at 101 Murray Street. This location was situated only a few blocks from

Wall Street Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for t ...

, TriBeCa and Battery Park City. The college consisted of a ten-story, prize-winning "vertical campus," which featured an airy five-story entrance atrium, 16 conference and seminar rooms, 24 high-tech classrooms, a variety of computer labs, a cafeteria, dormitories and the Kathryn and

Shelby Cullom Davis Shelby Cullom Davis (April 1, 1909 – May 26, 1994) was an American businessman, investor, and philanthropist from the state of New York. In 1947 he created Shelby Cullom Davis & Company, which became a leading investment firm. He later se ...

Library. Following the sale of the 101 Murray Street campus, the School of Risk Management including the Davis Library moved to St. John's new Manhattan location at 101 Astor Place, part of the Maki-designed office tower at 51 Astor. The previous building at Murray Street was demolished in May 2015.

Kathryn and Shelby Cullom Davis Library

The Kathryn and Shelby Cullom Davis Library at the college comprises the world's largest collection of

risk In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environme ...

and insurance literature,

policies Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organ ...

, and related documents. Throughout its history, the library has served students, faculty, staff, and industry practitioners seeking specialized knowledge in risk management, insurance, and actuarial science. The library maintains the original archive of the Insurance Society of New York, as well as many historical insurance documents. Under The Insurance Society of New York, a number of individuals and organizations contributed to the library's growing collection throughout the 1900s. In 1974, Shelby Cullom David and his wife Kathryn presented The College of Insurance with a major

endowment Endowment most often refers to: *A term for human penis size It may also refer to: Finance *Financial endowment, pertaining to funds or property donated to institutions or individuals (e.g., college endowment) *Endowment mortgage, a mortgage to b ...

. This endowment helped to secure the library's future and it was renamed in their honor. With the merger of The College of Insurance and St. John's University, the Davis Library became part of the St. John's University library system.

Center for Professional Education

The Center for Professional Education is located within the School of Risk Management, Insurance and Actuarial Science. For over 30 years, the center has served the educational needs of more than 10,000 professionals in the insurance, risk management and financial services industry. The Center provides seminars, workshops, certificate programs and professional designation examination preparation courses for students of St. John's School of Risk Management within the Tobin College of Business, and working professionals in the New York City area. The Center for Professional Education also provides consulting services to the industry, governments and regulators worldwide.Center for Professional Education

References

External links

*https://web.archive.org/web/20081108095744/http://www.stjohns.edu/campus/manhattan *https://web.archive.org/web/20100716005136/http://new.stjohns.edu/academics/libraries/campus/davis/About/History.stj *https://web.archive.org/web/20080208071432/http://www.stjohns.edu/academics/graduate/tobin/education/about.stj *https://web.archive.org/web/20080303074249/http://www.stjohns.edu/alumni/community/chapters/geographic/bermuda/merger.stj {{authority control Educational institutions established in 1901 Educational institutions disestablished in 2001 Insurance, College of St. John's University (New York City) Universities and colleges in New York City Universities and colleges in Manhattan Insurance schools 1901 establishments in New York City