CMSV’s Top Award to Applied’s Steve Menzies

Insurance industry leader awarded the St. Vincent de Paul medal, the highest award of the College of Mount St. Vincent, recognizing his care for injured workers and high standards of service.


April 23, 2018 (New York, NY) — The College of Mount Saint Vincent continued its tradition of honoring leading financial services executives as the 171 year old Bronx, New York-based College presented its top award to Steve Menzies, Founder, President and CEO of Applied Underwriters, Inc. Mr. Menzies was feted at CMSV’s annual Scholarship Tribute Dinner, Monday, April 23rd at Cipriani, 25 Broadway in New York. The annual event drew 400 guests and resulted in raising over $500k for the College’s many scholarships and academic programs.

Steve Menzies is a nationally recognized insurance and philanthropic leader who founded Applied Underwriters in 1994 and serves as the company’s president and CEO. Mr. Menzies began the company to focus on providing several value driven options for workers’ compensation insuring and is responsible insuring thousands of businesses across the country.

“Through care for injured workers and through high standards of service, Mr. Menzies has led Applied Underwriters to offer customers a unique and successful blend of financial and business benefits for over three decades. His extensive business experience allows Applied Underwriters to continue to offer the highest quality insurance services, including workers’ compensation claims, flexible risk financing, and efficient payroll processing services to a national clientele,” said President of the College, Dr. Charles Flynn, adding: “For these achievements and for his active philanthropy, we selected Steve for our top accord.”

St. Vincent de Paul medal is the highest award of the College of Mount St. Vincent, founded by the Sisters of Charity who are themselves dedicated to service the injured, the infirm, and the poor. Noting that Steve was the first such insurance leader to create a national pharmacy and pharmacy network to allow careful M.D. monitoring of the prescription, provision, and use of opioids for insure claimants, and the fact that he is the revolutionary in insurance who provides inner city homeowners with sound in insurance for their properties in places generally ignored by others, Mr. Flynn described Mr. Menzies standards of service as “simply exemplary.”

In accepting the award, Mr. Menzies praised the Sisters of Charity who founded the College, calling it an extraordinary place with an abiding mission and a long history of providing transformative educational experiences for students. “The mission of the College and the mission of Applied Underwriters, share some commonalities,” he said. “Each serves a higher societal purpose through our endeavors, each centers its mission on care, with the goal being to better those we serve.”


About Steve Menzies
A lifelong entrepreneur, Steve Menzies achievements include the creation of Applied Underwriters® in 1994, a global risk services firm helping business and people manage uncertainty through its business services, insurance, and reinsurance solutions. As a CEO dedicated to positive social outcomes and serious corporate responsibility, he has been recognized repeatedly for his care of customers, his employees, and enriching communities around the globe. He is also founder of The Bold Thinkers Foundation, a non-profit dedicated to using creative, constructive methods to solve grand scale societal and economic issues.

About The College of Mount Saint Vincent
Founded in 1847 by the Sisters of Charity, the College of Mount Saint Vincent offers nationally recognized liberal arts education and a select array of professional fields of study on a landmark campus overlooking the Hudson River. Committed to the education of the whole person, and enriched by the unparalleled cultural, educational, and career opportunities of New York City, the College equips students with the knowledge, skills, and experiences necessary for lives of professional accomplishment, service, and leadership in the 21st century.

Ryan Gerding