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Industry Awards and Recognition
While working at Penn National Gaming, Arragon was recognized by the Risk & Insurance magazine as the "Risk Innovator of the Year 2012". Risk & Insurance identifies emerging risks, strategies, and the people behind such topics that are striving to mitigate the environment of risk. Risk & Insurance magazine puts an emphasis on risk management and that the world would not be what it is today without the risk management industry. As a risk manager at Penn National Gaming, Arragon was able to operate with the insurance carrier in a closer relationship than what is done by other risk managers. Other risk managers may speak with their insurance carriers at a very minimum. Arragon would develop a relationship with the insurance carrier which would be transparent as much as possible so that the insurer understands what kind of business is being run and thereby creating an accurate measure of loss. By enabling this relationship, Arragon was able to be in more control of what Penn National Gaming was getting with their insurance carrier’s policy whether it be claims or renewals.

Establishing a relationship with the insurance carrier has always been an essential factor for Arragon since working under Dan Sobscynski. Dan Sobscynski was the Director of Corporate Insurance and Arragon’s first boss when he started working at Ford Motor Company. Arragon continues to implement the techniques and practices learned from his past experience. As a result of the way he could maintain a professional relationship with the insurers and brokers, it led to Arragon’s award of "Risk Innovator of the Year" in 2012.