Edith F. Lichota (1929 – 1994) 

Ms. Lichota began her risk management career in the mid-1960’s with a small company in western Ohio, Work Wear, tackling product liability litigation issues.  In the 1970’s, as assistant treasurer of Carborundum Corp. she fought against the New York State Insurance Department Regulations that would have limited corporations’ risk financing options. In the early 1980’s, Ms. Lichota became Vice President of Government Affairs with INA, during which time she supported development of the then new captive law in Vermont.  She was also Senior Vice President of Risk Management at Irving Trust Company, then the country’s 20^th largest bank, from 1983 – 1988. 

Some of her risk management and insurance achievements included her being named “Woman of the Year” by the Association of Professional Insurance Women (APIW) (1986) ; the first woman to be named “Risk Manager of the Year” by Business Insurance (1987); as well as receiving RIMS Richard W. Bland Memorial Award and the RIMS Harry and Dorothy Goodell Award.