The Intersection of Risk and Finance
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The Intersection of Risk and Finance

The 4th Annual Barney Intersection of Risk and Finance Symposium took place on Wednesday, November 18 at 5:00 p.m. in Millard Auditorium. This year’s speakers were Joseph F Coughlin, Marvin Kelly, and Kyle Parsons.

Meet Our Speakers

Joseph F. Coughlin

Joseph F. Coughlin, a 1980 University of Hartford graduate and current member of its board of regents, is chief executive officer and founder of Corporate Risk Solutions, LLC (CRS). He has more than 30 years of experience in the consulting, advisory, underwriting, and brokerage segments of the insurance industry. Coughlin has completed many complex engagements and provided ongoing stewardship for many of the largest and most intricate transactions within the private equity and distressed debt markets.

Before forming CRS in March of 2002, Coughlin founded and served as president of JFC Consulting, Inc., the first truly innovative risk advisor to the sponsored alternative capital sector. From 1985 to 2000, he aggregated the largest centralized block of private equity insurance buying power in the industry before selling to a large insurance brokerage firm in 2000.

Coughlin has been an active investor in a number of private equity and venture capital partnerships. He has also been an active individual investor in a host of start-up companies and has served on many for-profit and not-for-profit boards. He currently sits on the University of Hartford Board of Regents, the Westchester-Putnam Council of the Boy Scouts of America and the University of Notre Dame Arts and Letters Advisory Council.

A three-sport athlete as an undergraduate at the University of Hartford, Coughlin has been a University regent since 2011. He has been a member of the board of regents’ Athletics Committee since 2012 and its Athletic Development Committee since 2013.

He is an Eagle Scout.

Marvin Kelly

Marvin Kelly CPCU, MBA, AU BSBA '79 earned a Bachelor of Science Degree in Insurance from the Barney School of Business, has 35 years of experience in the insurance industry and is currently the Executive Director of TPCIGA. He has served as President/Chairman of the CPCU Society 2008-2009, and has been the Executive Director of the Texas Property and Casualty Insurance Guaranty Association since 1992. Kelly has served on the CPCU Society’s Board of Governors from 2001-2003 and the NCIGF Board from 2002-2005.

Kelly’s prior experience includes underwriting for Transamerica Insurance Company in Hartford CT and as a commercial lines underwriter for Chubb & Son Insurance in Pittsburgh, PA. He served as the Risk Manager for the City of Beaumont and the City of Austin in the state of Texas for 6 years. He was hired in 1992 to privatize a state agency into a non-profit, which was named one of the Best Places to Work in the State of Texas for 2007. Kelly has received numerous awards including, Who’s Who among Top Executives in 1998; CPCU National Standard Setter Award 2000-2001; 2009 National African American Insurance Association (NAAIA) Rhythm Pounder Award; the 2010 NAAIA Hall of Fame Award and he was listed in the 27th edition of the Dictionary of International Biography in Cambridge England in 1999. He has been involved with the Citizen Ambassador Program since 1993 where he participated in delegations to Russia in 1993, South Africa in 1995, and served as a Delegation Leader to China in 2010 and Brazil in 2012.

Kelly retired as a major in 1996 from the US Army Reserve.

Kyle Parsons

Kyle Parsons, a Barney School of Business graduate, is a Business Process Improvement Consultant at FM Global. Kyle has worked for commercial property insurer FM Global since graduating Magna Cum Laude in 2009. Kyle began his career at FM as a property underwriter in the company's Boston Operations. In 2012, he was appointed to the position of Account Manager, responsible for a large, complex and diverse book of property business. In 2015, Kyle was appointed to the Business Process Improvement Team. Led by a steering committee of senior executives and assisted by external advisors, Kyle now works with FM Global employees from around the world to enhance current business processes and achieve efficiency gains across the organization. While at the Barney School of Business, Kyle majored in Insurance and Finance and served as captain of the university's NCAA Division I Men's Golf Program. He is a Risk and Insurance Management Society (RIMS) Anita Benedetti Scholar.