Home Official News Releases Drake business student receives new Allstate Award

Drake business student receives new Allstate Award

News Photo
Thomas McNab and Rick Turano, regional counsel for the West Central Region of Allstate Insurance Co.

Drake University sophomore Thomas McNab of St. Charles, Mo., recently received a $1,000 award from the Allstate Insurance Co. with the support of the Allstate Foundation.

The award was presented to McNab in conjunction with the new Allstate Risk Management Lecture Series at Drake University. The lecture series was made possible by a $15,000 gift from The Allstate Foundation to Drake’s College of Business and Public Administration.

McNab, 20, was selected for the award because of his academic achievements. He has earned a 3.94 cumulative grade-point average while having two joint majors in actuarial science and finance and actuarial science and accounting with a concentration in insurance.

“It was an honor to represent Drake in front of Allstate, a company that recruits heavily at the University,” McNab said.

McNab received the award at a dinner that preceded the first Allstate Risk Management Lecture at Drake on Feb. 12.

News Photo
Joan Lamm-Tennant chats with professor Tom Root and senior Gregory Seko after speaking to one of Root’s classes.

The inaugural lecture, titled “Enterprise Risk Management and the
Current Financial Crisis,” was presented by Joan Lamm-Tennant, global
chief economist and risk strategist for Guy Carpenter & Co. LLC and
an adjunct professor at the Wharton School at the University of

“Joan Lamm-Tennant was extremely knowledgeable about the situation
and shared a lot of insight into what we can do to improve the
economy,” McNab said. “She noted that a lot of what’s happened is going
to fall on us as students when we go out into the market to find jobs.
Yet she also said she’s excited to see what students will bring to the
marketplace and the economy in the future.”

During her visit to Drake, Lamm-Tennant shared her expertise with
students in several finance classes. She also had lunch and dinner with
both undergraduate and graduate students, faculty and distinguished