Industry the December 2017 issue

Building on the Future Today

The Council Foundation awarded 75 scholarships to future industry leaders.
By Julia Ruiz Posted on November 30, 2017

This year, recipients include 60 seniors and 15 juniors. Of the winners, 33 are women and 42 are men. Their majors range from accounting to selling to sales management, with some psychology and economics mixed in. Each receives a $5,000 grant.

The Foundation’s Scholarship Program works directly with Council member firms’ internship programs and is designed to expose college students from across the nation to the commercial insurance brokerage sector in hopes they will join the industry after graduation. Of the 50 students who received scholarships in the program’s pilot year in 2016, 68% were hired or repeated an internship with a Council firm.

“It is very gratifying to partner with our member firms in this way and to see the scholarship program’s early signs of success,” says Ken Crerar, president and CEO of The Council. “The program is, without a doubt, drawing more talented young folks to the entrepreneurial spirit of the brokerage business.”

Students must be formally nominated by the respective brokerages at which they interned, which also must be participating in the scholarship program. Awardees are then determined by an independent committee.

Meet The Council’s 2017 scholarship winners!

Julia Ruiz Senior Vice President, Leadership & Management Resources Read More

More in Industry

Resilient by Design
Industry Resilient by Design
DEI continues to provide value despite political and corporate headwinds.
Industry The Power Behind the Podium
The Senate parliamentarian wields quiet but real influence over what Congress ca...
Employee Benefits Firms Course Correct
Industry Employee Benefits Firms Course Correct
Commercial P&C brokers may want to consider the journey of the EB brokerage mode...
Social Security Must Be Taxed
Industry Social Security Must Be Taxed
Freeing Social Security benefits from taxation seems good in the short term, but...
NEXT Exit
Industry NEXT Exit
Details on Munich Re's acquisition of NEXT Insurance
Bringing a Broker Focus to Insurtech
Industry Bringing a Broker Focus to Insurtech
Q&A with Kate Grasman, Chief Information Officer, Heffernan ...
Sponsored By BrokerTech Ventures