Edmund (Ted) Shallcross III, president and CEO of Amica Mutual Insurance Company, will receive an Honorary Doctor of Business Administration and give the graduate Commencement address on Thursday, May 16, at 5 p.m.
A seasoned business and financial leader in both property/casualty and life insurance, he has more than 25 years’ experience in the insurance and banking industries.
Shallcross joined Amica in 2007 as a senior assistant vice president in the accounting department and subsequently established and oversaw Amica’s company-wide enterprise risk management function. He then became a vice president at Amica’s Life Insurance Company and oversaw the organization’s financial and operational activities. He later served as senior vice president and general manager of the Lincoln, Rhode Island-based company, responsible for all activities of that business.
Before joining Amica, he spent 12 years in KPMG’s financial services practice, where Amica was one of his clients.
Shallcross holds a master’s in strategic management from the Kelley School of Business at Indiana University. A cum laude graduate of the College of the Holy Cross, he also holds bachelor’s degrees in both economics and accounting. He is a fellow of the Life Management Institute and a certified public accountant, winning the Rhode Island Gold Medal Award and the KPMG Award for obtaining the highest score on the Rhode Island exam. He’s also been recognized as a Providence Business News 40 Under Forty award winner for career and community accomplishments.
As well as serving on the board of directors of Amica, he also serves on the board of the American Property Casualty Insurance Association, the New England Council, the Insurance Institute for Business & Home Safety, the CEO Partnership for Rhode Island, the Greater Providence Chamber of Commerce, and the American Cancer Society’s New England Chapter of CEOs Against Cancer. He previously sat on the board of governors of Leadership Rhode Island, the board of directors of the Providence Children’s Museum, and the American Heart Association Executive Leadership Council, as well as various committees for the Rhode Island Philharmonic Orchestra and Music School.
