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Kite Realty Group
Indianapolis, IN

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Ms. Theresa Severson

SVP, Insurance & Risk Management,
Kite Realty Group

Bio

As Senior Vice President of Insurance and Risk at Kite Realty Group, Theresa Power Severson is a seasoned expert in risk management and insurance. With over 25 years of experience in her field, she joined Kite Realty Group following its merger with Retail Properties of America (RPAI), where she held a similar role. In her current position, Ms. Severson is responsible for overseeing the company’s risk management and insurance programs, captive insurance program, claims management, business continuity, and enterprise risk management. Ms. Severson’s expertise and achievement have been recognized industry wide. In 2023, she was named RIMS’ Risk Manager of the Year and featured on Captive Review’s Power 50- Captive Owners List. She also accepted the Outstanding Captive Award on behalf of Kite Realty Group from the Captive Insurance Companies Association (CICA), recognizing the company’s innovative use of captive insurance. Most recently, she was named one of Captive International’s Influential Women in Captive Insurance for 2024. Her impressive background and continued success in the industry solidify her position as a leader in risk management and insurance.

Education

Illinois State University
Normal, Illinois, United States
Economics

Job History

Retail Properties of American, Inc.
Vice President, Insurance & Risk
Oak Brook, IL, United States
November 2008 - present

Kite Realty Group
Senior Vice President - Insurance & Risk
Oak Brook, IL, United States
October 2021 - present

Mesirow Financial
Sr. Quality Assurance Advisor
Bannockburn
June 1999 - August 2008

Dann Insurance
Sr. Account Mgr
Bannockburn, IL, United States
March 1994 - June 1999

Morency, Weible & Sapa, Inc.
Marketing
Naperville, IL, United States
August 1988 - March 1994