ITASCA, Ill., Sept. 15, 2016 /PRNewswire/ -- Gallagher Bassett Services, Inc. (GB) announces newly formed three-year partnership with The Risk Institute at The Ohio State University Fisher College of Business.

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The Risk Institute is focused on connecting interdisciplinary research to practice through a unique collaboration between academics and practitioners. Along with its founding partners, The Risk Institute and Gallagher Bassett will empower companies to recognize the opportunities and challenges of risk with the goal of leveraging risk to create value.

Describing the partnership as the perfect collaboration between theory and application, Scott Hudson, President and CEO of Gallagher Bassett, said, "Gallagher Bassett always strives to achieve better outcomes for our clients, and we believe this type of collaboration will benefit the claims industry and inspire future talent. When you have the opportunity to collaborate with some of the best risk-centered educators and students in the country, it can only result in expanded insights for our industry and, more importantly, our clients."

Phil Renaud, Executive Director of the Risk Institute also noted the value of this strategic collaboration, "I am absolutely thrilled with our new partnership with Gallagher Bassett. Their industry experience and global reach on all claims and risk management topics will guide our students and faculty to the areas that need the most attention so they can work to improve and innovate approaches to risk management. Also, the ability to collaborate with GB and their clients will help prepare Fisher College of Business graduates to enter the claims industry with real-world knowledge and application thus enhancing the quality of their education and deepening their industry knowledge and preparedness."

About Gallagher Bassett:

Gallagher Bassett is the premier provider of global claims services, dedicated to exceptional customer service and demonstrably superior outcomes. A subsidiary of Arthur J. Gallagher & Co. (NYSE: AJG), GB helps people, teams and businesses overcome adversity and loss through the guiding expertise of over 5,000 claims professionals, all committed to going beyond expectations in the continuous pursuit of a better way.

About The Risk Institute at The Ohio State University Fisher College of Business

The Risk Institute at The Ohio State University Fisher College of Business brings together practitioners and researchers to engage in risk-centered conversations and to exchange ideas and strategies on integrated risk management. Through the collaboration of faculty, students and risk management professionals, The Risk Institute addresses risk at a broad cross section of industries and is dedicated to developing leading-edge approaches to risk management.

About The Ohio State University Fisher College of Business

Since 1916, The Ohio State University Max M. Fisher College of Business has served as a recognized leader in business education, critical research and innovative partnerships. Fisher prepares its students to transcend the expectations of business education through its top-ranked programs and its vast network of partnerships that reaches from the surrounding business community to multinationals, nonprofits and startups across the globe. Fisher's students are uniquely prepared and highly sought by Fortune 500 companies and leading organizations around the world. Students at Fisher leverage the college's rigorous, applied learning environment with the resources of Ohio State, a premier research university with 500,000 proud Buckeye alumni.

Media Contact:
Colleen Saurbier
Vice President-Marketing, Gallagher Bassett Services, Inc.
630.285.4019
Colleen_saurbier@gbtpa.com

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SOURCE Gallagher Bassett Services, Inc.