Brief Biography – Patrick Brockett

Patrick Brockett received his Ph.D. in Mathematics, from the University of California, Irvine. His research and teaching interests include risk management, insurance, actuarial science, risk theory, probability theory, statistics, and operations research. He is the Director of the Risk Management and Insurance Program and holds the Gus S. Wortham Memorial Chair in Risk Management and Insurance at The University of Texas at Austin with a joint appointment in the departments of Finance, Mathematics, and Management Science and Information Systems.

He is the former Director of the Actuarial Science Program and former Director of the Center for Cybernetic Studies at the University of Texas. He is a Fellow of the Institute of Mathematical Statistics, a Fellow of the American Statistical Association, a Fellow of the Royal Statistical Society, a Fellow of the American Association for the Advancement of Science, and a Chartered Statistician by the Royal Statistical Society. He is a former President of the American Risk and Insurance Association, and is a member of the Western Risk and Insurance Association, the International Actuarial Association (ASTIN section), and the Casualty Actuarial Society (Academic Corresponding Member).

He has published two books or monographs and over 125 journal articles, is the Editor of the Journal of Risk and Insurance, and an Associate Editor of the journal Insurance: Mathematics and Economics. His articles have won awards from the American Risk and Insurance Association (for Best Feature Article and for Best Communication  Article), from the American Statistical Association (for the Most Outstanding Statistical Application paper published, from the Society of Actuaries (The Halmstad Prize for the most  outstanding English language publication in actuarial science in the world), from the International Insurance Society (best paper award), twice from the Casualty Actuarial Society (for best paper on Casualty actuarial topics publish in an ARIA journal) and from the Faculty of Actuaries of Scotland and the Institute of Actuaries in England (Brian Heys International Competition,  2nd Prize). He teaches graduate courses on Managing Corporate Risk (with an emphasis on Enterprise Risk Management), Managing International Risk, and Managing Environmental Risk, as well as other risk management classes. He has also served as an expert consultant to regulatory bodies, law firms, and businesses.