The Department of Risk and Insurance (formerly the Department of Business Insurance) continues the tradition of insurance science initiated at the Warsaw School of Economics in 1917.
Its activities focus on research on the evolution of risk theory and on the specificity of the insurance market as one of the essential components of the financial system which has a great role to play in the process of shaping the economic and ethical awareness of society.
Problems such as the organization of an insurance company, its economic environment, management processes, distribution channels, competition on the market, and flexibility of response are the basic issues bothering the insurance community, and consequently constituting guidelines for the research issues of the Department.
The Department of Risk and Insurance also educates professionals and adepts as part of postgraduate studies in the field of business insurance and risk management, the financial security of the enterprise as well as ad hoc courses and training. They enjoy great, unflagging interest.
Continuing the long-term achievements of the Warsaw School of Economics in the field of research and teaching in the field of insurance, we contribute to its further development and connect science with business through our graduates, postgraduate studies, and conducted research.
RESEARCH PROFILE OF THE DEPARTMENT
• insurance risk - basic insurance category, risk identification, risk activating factors
• philosophy of risk in insurance risk theory and general risk theory
• risk management - management under risk conditions
• classification, segmentation, risk quantification, risk models
• insurance as a financial service (properties, classifications)
• technical basics of insurance activity
• organization and management of the insurance company
• finances of the insurance company - financial standing, security, supervision, monitoring
• reinsurance, catastrophic risk
• insurance products, in particular: health, agricultural, financial, motor and life
• impact of new technologies on the insurance market
PROFESSOR ADAM ŚLIWIŃSKI- Image
Adam is a Professor at Warsaw School of Economics/Institute of Risk and Financial Markets, where he received his doctoral degree in 2001 and habilitacja degree in 2013. Before joining Warsaw School of Economics he was Postdoctoral Fellow at University College London and Visiting Researcher at Cass Business School - City University, where he worked on a study focusing on risk and insurance development in Europe especially CEE countries. He has been Visiting Lecturer at the Edinburgh Napier University, Cass School of Business, City University and University of California Berkeley, Hass School of Business.
He is an alumnus of Ignite 2012 Programme, organized by Judge Business School, Cambridge University.He is a member of Hughes Hall Enterprise Society at Cambridge University.
His main area of research interests are risk management and empirical aspects of finance and insurance.
He has business experience gathered cooperating with a number of international insurers and financial companies. He was non-executive Director of London based financial boutique (person approved by FSA - register no. AXS02600).
He is an author and co-author of many papers and three books on insurance and risk management subject. He has published a number of papers in international peer review journals. He serves as a referee for The Geneva Papers published by The Geneva Association and Insurance News published by Polish Insurance Chamber.
e-mail: asliwin@sgh.waw.pl
- PROFESSOR TOMASZ MICHALSKI
From December 1979, an employee of the SGPiS - curren Warsaw School of Economics. A graduate of the Faculty of Mathematics, Computer Science and Mechanics (1978) and the Faculty of Economic Sciences (1981) of the University of Warsaw.
He started working at the Institute of Econometrics of the SGPiS at the Faculty of Finance and Statistics, where in 1987 he prepared and defended his doctoral dissertation. In 1992 he obtained his habilitacja in economics, and in 1995 he was promoted to the position of associate professor at the Warsaw School of Economics. Since 2007 his is full professor.
He participated in the organization and establishment of the Department of Insurance at the Collegium of Management and Finance and since 1998 he has been the head of this Department. In the years 2008 - 2013 he was also the full professor at the Józef Piłsudski Academy of Physical Education in Warsaw. Founder and current director of the Institute of Risk and Financial Markets at the Warsaw School of Economics and an employee of the Department of Risk and Insurance, which is a unit of this Institute.
Author and co-author of over 200 scientific papers on econometrics, statistics, insurance, taxonomy and integration processes (articles in Polish and foreign scientific journals, books, manuals and scripts, papers presented at Polish and international conferences).
Member of the Polish Mathematical Society of the Polish Academy of Sciences; Polish Economic Society of the Polish Academy of Sciences, Polish Finance and Banking Association, International Atlantic Economic Society and The Mathematical Association of America.
Professional interests
• General Theory of Risk
• risk in insurance - classification, methods of identification and quantification
• insurance - financial and organizational aspects
• “Risk Management” procedures - management under risk
• the process of European integration and knowledge-based economy
Research specialization
• methods of comparative analysis of multi-feature objects (taxonomy) and their use in the evaluation of multi-feature objects
• mathematical models of the finance - insurance, stock exchange
• the role of insurance in the management under risk
e-mail: tomasz.michalski@sgh.waw.pl
- ASSOCIATE PROFESSOR MARIETTA JANOWICZ-LOMOTT, PH.D.
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She is a graduate of the Faculty of Mathematics and Physics (1995) and the Faculty of Management (1996) of the University of Gdańsk, and post-graduate studies “Universal Banking” organized by the Gdańsk Banking Academy and the Banking Academy in Frankfurt (1997).
She started her scientific work in 1996 at the Department of Finance at the Faculty of Management of the University of Gdańsk, where in 2005 she obtained a PhD degree in economics. The promoter of the doctoral dissertation entitled “Organizational and financial conditions of membership reciprocity in mutual insurance companies” was professor Jerzy Handschke from the University of Economics in Poznań.
Since 2015, she has been employed at the Warsaw School of Economics. She received her habilitacja in 2019, and in 2020 she was promoted to the position of associate professor at the Warsaw School of Economics.
Expert (on behalf of the National Council of Agricultural Chambers) in the Copa-Cogeca working group “Risk management and insurance in agriculture” and member of the risk management group at Copa-Cogeca in Brussels.
In 2016-2018, she was the scientific secretary of “Wiadomości Ubezpieczniowe” (the oldest scientific journal on insurance in Poland, published since 1947). Since 2019, she has been a member of the Editorial Board of the “Bank i Kredyt” journal published by the National Bank of Poland.
In her career so far, she has cooperated with many institutions (including the Polish Ministry of Agriculture and Rural Development or the Polish Chamber of Insurance), enterprises and insurance companies as an advisor in the process of developing strategies (including insurance products) and the organization and management of insurance companies.
Winner of the professor Tadeusz Sangowski’s award (INSURANCE DEBUT 2010) and awards of the Rector of the University of Gdańsk, Rector of the Poznań University of Economics and Rector of the Warsaw School of Economics. She has been awarded with the KEN (national education committee) medal for merits for education (2011).
Professional interests
• financial market
• insurance activity - financial and organizational aspects
• risk management
Research specialization
• the principle of mutuality in insurance
• insurance methods of financing the effects of random events in economic activity (with particular emphasis on agriculture)
• application of mathematical methods in insurance, finance and banking
e-mail: mjanow@sgh.waw.pl
- ASSOCIATE PROFESSOR MAREK MONKIEWICZ, PH.D.
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A graduate of the Insitute of International Relations at the Faculty of Journalism and Political Science at the University of Warsaw (UW) (in 2003) as well as the Extramural Doctoral Study at Collegium of Socio-Economics at Warsaw School of Economics (SGH) (in 2006). In 2006 he obtained a degree of Ph.D in economics. In 2013 he has received post-doctoral degree in management of sciences. In 2021 he has been promoted to the position of Associate Professor at SGH.
From 2009 to 2019 employed in Management Faculty at UW. Since 2020, he has been employed in Department of Risk and Insurance at the Institute of Risk and Financial Markets at Collegium of Finance and Management at SGH
His academic interests cover three issues: common compulsory MTPL insurance in Poland and EU, safety of insurance sector (policyholders protection funds, insurance safety net) as well as cpnsumers protection in financial sector, including the insurance one (trends, regulations, institutions).
Two times awarded by the Rector, i.e.: the team award of the 1st degree granted by the Rector of Warsaw University of Technology (PW) for participation in works of the team from Management Faculty at PW for educational achievements (in 2010) as well as team award of the 2nd degree by the Rector of SGH for achievements in the field of academic activity for multi-author monograph entitled „Social aspects of the development of insurance market” (2011).
e:mail: marek.monkiewicz@sgh.waw.pl
- ŁUKASZ KURYŁOWICZ, PH.D.
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He is a doctor of economic sciences in the field of finance, a graduate of business management at Bialystok University of Technology (2005), and a graduate of computer science and econometrics at the University of Finance and Management in Bialystok (2005). He also completed my doctoral studies in the fields of management and finance at the Warsaw School of Economics (2009).
Since 2007, he has been associated with the insurance market, taking expert and managerial positions in leading companies in this sector (Warta S.A. Insurance and Reinsurance Company, Groupama S.A. Branch in Poland - Proama, Česká pojišťovna S.A. - Generali Group).
In the years 2013-2015 he was a member of the Direct Insurance Team at the Polish Chamber of Insurance. Founding Member of Eastern European Risk and Insurance Association (EERIA).
Currently he combines his scientific work with business experience gained in leading insurance groups on the financial market.
His research focuses on the non-life insurance, risk theory, equilibrium of insurance markets and insurance telematics.
PROFESSIONAL INTERESTS
• corporate finance
• Polish insurance market
• management under risk
• insurance activity – financial and organizational aspectsRESEARCH SPECIALIZATION
• insurance risk and risk management
• equilibrium of insurance markets
• motor insurance performance
• innovations in insurance (applications of telematics, InsurTech)e-mail: lkuryl@sgh.waw.pl
- RENATA PAJEWSKA-KWAŚNY, PH.D.
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She has been associated with the Warsaw School of Economics since 1985. In the years 1985–1990 she was a student at the Faculty of Internal Trade, specializing in Organization and Management. From 1990, she worked successively in the Department of Economic Policy, then the Department of Management and the Department of Insurance. In the years 1993 - 2000, she worked at the Ministry of Finance as the chief specialist in the Department of Property Affairs. In 2000, she defended his doctoral thesis on banking and insurance alliances as a way to increase the competitiveness of insurance companies and was promoted to the position of assistant professor. At the same time, she cooperated with many insurance companies and the Polish Insurance Association as a consultant and trainer.
In the years 2008 - 2012 and from 2016 to 2021, she has been the vice-dean of the Master’s Study. She takes care of high school students within the university’s “Academic Class” program, and conducts postgraduate studies of finance or insurance.
Promoter of several hundred master’s and bachelor’s theses in the field of management, finance and insurance.
Professional interests
• structural transformations on the Polish and European insurance market
• development of new forms of insurance
• cross-sectoral alliances in the field of financial servicesResearch specialization
• health insurance
• the possibility of their introduction on the Polish market
e-mail: renata.pajewska@sgh.waw.pl
- ILONA TOMASZEWSKA, PH.D.
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In the years 1996-2001 she was a student of the Warsaw School of Economics in the following faculties: Finance and Banking as well as Quantitative Methods and Information Systems. In June 2001, she defended her master’s thesis entitled “Development of financial insurance in Poland on the example of credit insurance”, for which in June 2002 she received the 3rd prize in a nationwide competition for the best master’s thesis in the field of insurance organized by the University of Warsaw and TU Allianz.
She prepared her doctoral dissertation under the scientific supervision of professor Tomasz Michalski, obtaining in December 2010 her Ph.D. in economics.
Associated with the Department of Insurance since 2001. Since 2005, she has been conducting research work within the Department of Risk and Insurance. In January 2011, she was appointed assistant professor. For many years associated with the insurance practice.
Professional interests
• processes of structural changes in the insurance market
• principles of operation of insurance companies in Poland
• econometrics
Research specialization
• financial insurance, in particular credit insurance
• motor insurance
• banking and insurance alliances
e-mail: ilona.tomaszewska@sgh.waw.pl