ºÚÁϲ»´òìÈ

Patrick G. Schmid, Ph.D. joined the ºÚÁϲ»´òìÈ Information Institute (Triple-I) as Chief ºÚÁϲ»´òìÈ Officer and President of the ºÚÁϲ»´òìÈ Research Council (IRC) in July 2025. In this expanded role, he leads much of Triple-I and IRC’s research initiatives while continuing to serve as President of The Institutes’ RiskStream Collaborative—an industry consortium focused on blockchain, AI, and emerging technologies for risk management and insurance.

Dr. Schmid worked closely with The Institutes to coordinate RiskStream for the past eight years, overseeing the consortium’s membership and spearheading technology projects aimed at optimizing multiparty business processes across the insurance value chain. He was recognized with the International ºÚÁϲ»´òìÈ Society’s 2018 Leaders of Tomorrow Award for his forward-looking leadership.

Previously, Dr. Schmid headed The Institutes’ Enterprise Research department, where he led teams of data architects and researchers in developing analytical solutions and generating market insights. He also served as Director of Research for the IRC, where he conducted and published research on public policy issues impacting insurance and presented findings to regulatory bodies. He holds an M.A. and Ph.D. in economics from Temple University and has taught economics, finance, and business courses on emerging technologies at several institutions, including the Wharton School, Temple University, Saint Joseph’s University, Albright College, and Drexel University. Before entering the insurance industry, he worked as an economist at Moody’s Analytics and blogged on monetary policy and Federal Reserve actions.