Prolific Insurance Officer, Author Jack Bodardus Passes Away At 92 – Insurance News Web

13July 2020



Prolific insurance coverage executive and author John(Jack )A. Bogardus Jr., 92, passed away June 28 in Scottsdale, Ariz. Bogardus’ whole organisation career was invested with Alexander & Alexander Provider(A&A)where he helped take the company public in 1969. He consequently worked as president and CEO and eventually, chairman. Including time as a director of the company( 1963-95 ), his profession with A&A spanned 45 years. A&A became part of AON Corp. in 1996, producing the world’s biggest insurance coverage brokerage. Bogardus worked as a director of the Insurance Brokers Association of New York and a director and chairman of the governing committee of the National Association of Insurance Brokers.

He belonged to the US Chamber of Commerce Insurance Coverage

Committee; a board member of the American Institute for Chartered Home Casualty Underwriters and of the Insurance Institute of America. Bogardus also served on the boards of Donaldson, Lufkin & Jenrette, Inc.; United States Surgical Corp.; and Security Capital Corp. After retirement, Bogardus counted on years of business experience to co-author Spreading out the Threats: Insuring the American Experience. This influential book information how the insurance coverage industry developed through catastrophes and economic transformations into the twenty-first century. Ad Bogardus invested 13 years looking into and writing Spreading out the Threats, published in 2003. It won a Washington Book Publishers’Award that year and in 2004 was named a Risk Management Book of the Year. Pulitzer Prize-winning historian Joseph Ellis called the book,”A paradoxical and remarkable story– of how the boisterous energies of the market were rendered much safer, how risk-taking ended up being more prudent, how the financial jungle was tamed.”

In a 2005 interview, Bogardus said, “There was no single book that sufficiently covered the story of America’s insurance coverage agents and brokers. I thought, who is going to do this? Then, when I gained access to unpublished material, I recognized if I didn’t do it, it may never get done.”

Bogardus is survived by his better half of 70 years, Lela. She and Bogardus fulfilled while he was serving in the Navy from 1945-47 and Lela was a figure skater carrying out with “Ice Capades.” They were married in Tulsa, Okla. in June 1950, days prior to his graduation from Princeton University.

Bogardus is likewise made it through by their four kids: John, Stephen, James and Janet, a sister, seven grandchildren and two great-grandchildren.

Due to COVID-19, no memorial events are presently prepared. Donations might be made in Bogardus’ memory to Alzheimer’s Research study Structure or a favorite charity.

Source: insurancenewsnet.com

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