Larry V. Stephens, AIC, ARM, CPCU, AAM, DRM

(Retired) Director of Insurance, Loss Control & Claims,
(Retired) Indiana University

Contact Details

(Retired) Indiana University


Lifetime Achievement
Past President
Distinguished Risk Manager



Larry V. Stephens has enjoyed two careers. He spent eight years as a police officer then, after a short stint as an owner-operator of a semi, entered the insurance industry in 1979 as an adjuster. He returned to Indiana University in 1985 and, in 1987, assumed leadership of the risk management area. He started the university's very successful self insurance program and, in 2005, was instrumental in the startup of the university's own insurance company, Old Crescent Insurance Company. In addition to earning the Associate in Claims (AIC), Associate in Risk Management (ARM), Chartered Property and Casualty Underwriter (CPCU), and Associate in Automation Management (AAM) designations, Mr. Stephens has been very active in URMIA. He has served twice as URMIA's president, served on and chaired several committees, served as editor and publisher of the association's published communications, and was listmaster and webmaster for almost a decade. Mr. Stephens also received the Distinguished Risk Manager award. Mr. Stephens was born and raised in Monroe County, Indiana, and graduated from Indiana University. He's married to Sherry, who owns her own business, and they have five children. His interests include about anything outdoors, including hunting, fishing, four-wheelers, hiking, and camping; genealogy; and singing, playing, and composing bluegrass, county, and southern gospel music. He is also a self-taught computer programmer who specializes in Access, ColdFusion, and HTML programming and manages several websites. He is active in his church and speaks to groups about genealogy and risk management issues.