Joan T. Schmit is the Distinguished American Family Insurance Chair of Risk Management and Insurance in the Wisconsin School of Business at the University of Wisconsin-Madison, where she has been on the faculty since 1988. Schmit also serves as an affiliate faculty member in the Nelson Institute for Environmental Studies at the University of Wisconsin, and in the insurance program at the University of St. Gallen in Switzerland. Prior to joining the faculty at UW-Madison, Professor Schmit spent four years on the faculty at the University of South Carolina.
Professor Schmit has published extensively in insurance and legal journals. Among her areas of expertise include insurance regulation, enterprise risk management, and the interaction of law and economics in an insurance and risk management context.
Additionally, Joan serves as an associate editor for the Journal of Risk and Insurance and is active in the International Insurance Society. She also holds the designation of Research Fellow with the China Center for Insurance and Social Security Research at Peking University.
The program in risk management and insurance at the University of Wisconsin-Madison has existed since 1938 and currently is ranked second among all programs in the United States. Our alumni list is long and of very high quality, including insurance company, brokerage, and consulting executives in both life and non-life business. Faculty members equally shine in leadership positions, including four prior presidents of the American Risk and Insurance Association.