La Salle professor earns education award

The honoree: Kathleen McNichol, an assistant professor of finance, receives the Mariellen Whelan Excellence in Education Award from the Insurance Society’s president, Russ Shaner. SOURCE: LA SALLE UNIVERSITY

The Insurance Society of Philadelphia recently honored Burholme resident Kathleen McNichol, MBA, assistant professor of finance and coordinator of La Salle University’s Risk Management and Insurance program, with its Mariellen Whelan Excellence in Education Award.

The award recognizes her achievements in sharing and pursuing knowledge that furthers the Insurance Society’s mission of “fostering, developing, and providing educational programs and professional development in insurance, risk management, financial services, and other related industries.”

ldquo;When I heard that I was chosen to receive the award, I was extremely honored. The award’s namesake, Mariellen Whelan, was a mentor early in my career,” said McNichol, who has lived with her family in Burholme since 1978. “I have the greatest respect for her and for the many award recipients who went before me.

ldquo;When I became the coordinator of the Risk Management and Insurance program in 1988, it seemed desirable to develop linkages with the industry. Mariellen was president of the Insurance Society of Philadelphia, and was one of the first people from whom I sought assistance. She very graciously connected me to the insurance community in a variety of ways. I admire and respect Mariellen very much.”

Insurance Society President Russ Shaner also noted McNichol’s commitment to both teaching the technical side of insurance and risk management and inspiring her students to keep learning.

ldquo;The fields of insurance and risk management are very dynamic fields. Business cannot function effectively without either. New risks emerge constantly that need the attention of sound risk management practices so risk management practices evolve,” McNichol said. “New insurance coverages are needed to handle the financial consequences of these risks. It is very rewarding to introduce students to these fields and the challenges, as it creates an intellectually stimulating classroom experience.”

McNichol has taught at her alma mater for more than 30 years. This isn’t the first time her teaching has earned her accolades. In 2011, she received the Franklin Award from the Philadelphia Chapter of the Chartered Property Casualty Underwriter Society. She was the third La Salle alum to receive that award. ••