Theresa Severson is the vice president, insurance and risk at Kite Realty Group - a publicly traded REIT that owns and operates high-quality open-air shopping centers, including properties with a mixed-use component. In her role, Ms. Severson oversees the insurance risk management and insurance program for operational and corporate exposures, claims management, Business Continuity and Enterprise Risk Management. In addition, she has led the formation and management of captive insurance companies.

Ms. Severson joined Retail Properties of America, Inc. ("RPAI") in 2008 and played an integral part in the strategic transaction that merged RPAI into Kite Realty Group in October of 2021. Ms. Severson’s leadership in restructuring the insurance and captive programs for two publicly traded companies, each with different risk appetites and structures, earned her the title of 2023 RIMS Risk Manager of the Year.

In March 2023, Ms. Severson, on behalf of Kite Realty Group, accepted CICA’s, Outstanding Captive Award, presented to a captive insurance company that has shown creative uses for a captive, recognition, and a positive reputation among rating agencies, regulators and colleagues in the captive industry

Ms. Severson served as the President of the Chicago RIMS chapter in 2020 and 2021, is a member of the Lloyd’s Risk Owners Council, RIMS Student Advisory Council and RIMS Member and Chapter Engagement Committee.