Richard D. Phillips

Senior Consultant to CRA

Richard D. Phillips is the Dean of the J. Mack Robinson College of Business, Georgia State University, and also the C.V. Starr Professor of Risk Management and Insurance.

From 2012 to 2014, he was the Associate Dean for Academic Initiatives and Innovations and from 2006 to 2012 he was the Kenneth Black Jr. Chairman of the Department of Risk Management and Insurance. Since 1997, he has held the appointment of Fellow of the Wharton Financial Institutions Center at the University of Pennsylvania. He has held visiting appointments at the Federal Reserve Bank of Atlanta (1996–1997), at the Wharton School (2003), at the Federal Reserve Bank of New York (2007–2008), and was the Swiss Re Visiting Scholar at the University of Munich in 2008.

Professor Phillips’ research interests lie at the intersection of corporate finance and insurance economics. His current research interests include the effect of risk on corporate decision-making, the functioning of insurance markets, and the development of microinsurance. He has published in academic and policy journals including the Journal of Financial Economics, the Journal of Risk and Insurance, the Journal of Banking and Finance, Journal of Financial Services Research, the Journal of Law and Economics, the Journal of Insurance Regulation, and the North American Actuarial Journal, among others. He has contributed scholarly articles to books published by Risk Publications, the University of Chicago Press, Kluwer Academic Publishers, and the Brookings Institute. Professor Phillips has received several awards for his research including the Robert I. Mehr Research Award (2008, 2009), the Robert C. Witt Research Award (1998), the ARIA/CAS Best Paper Award three times (1998, 1999, and 2006), and the James S. Kemper Best Paper Award (2003) among others. He is a member of the American Finance Association, the American Risk and Insurance Association where he also serves on the board of directors, and he is a Past President of the Risk Theory Society. He is currently the co-editor of the Journal of Risk and Insurance, and he serves as an ad hoc referee for several other academic journals.

Beyond the university, Professor Phillips has served as a consultant to numerous commercial and governmental organizations including AIG, Allstate, ING, AXA, Deutsche Bank, Goldman Sachs, Tillinghast, Aon Capital Markets, the Casualty Actuarial Society, the Society of Actuaries, and the US Office of Management and Budget. He is a member of the board of directors for the Munich American Reassurance Company. Within the non-profit sector, Professor Phillips was the Executive Director of Georgia State University’s Risk Management Foundation from 2006–2012 and he is a member on the S.S. Huebner Foundation for Insurance Education Foundation.


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Richard D. Phillips