The Insurance Society of New York initially provided study space and material to young people entering the insurance industry, and served as a site for insurance lectures. Over the years, ISNY developed a curriculum based upon these lectures. The curriculum ultimately led to the creation of The School of Insurance, followed by The College of Insurance. The College of Insurance offered bachelor's and master's degrees in insurance and
actuarial science. It provided professional exam preparatory seminars for insurance and actuarial science designations and held classes after business hours for working professionals in
New York City. At its largest, total enrollment was approximately 400. Among the benefits of the college was its co-operative program. Although most students were employed by local insurers prior to enrolling at TCI, others were placed with an insurer who paid the student and often subsidized the student's tuition.
As a school of St. John's University In 2001,
St. John's University in
Jamaica, New York took over the college's programs, creating
The School of Risk Management, Insurance and Actuarial Science (SRM). The
Manhattan location of the college now houses many graduate business and professional programs of St. John's Peter J. Tobin College of Business. Until May 2014, the college was located within the
Financial District of lower Manhattan, at 101 Murray Street. The college consisted of a ten-story building, including a five-story entrance
atrium, 16 conference and seminar rooms, 24 classrooms, computer labs, a cafeteria, dormitories and the Kathryn and
Shelby Cullom Davis Library. Following the sale of the 101 Murray Street campus, the School of Risk Management including the Davis Library moved to St. John's new Manhattan location at 101 Astor Place, part of the Maki-designed office tower at 51 Astor. The previous building at Murray Street was demolished in May 2015. ==Kathryn and Shelby Cullom Davis Library==