MARSH AWARDS $30,000 IN SCHOLARSHIP FUNDS THROUGH BERMUDA FOUNDATION FOR INSURANCE STUDIES

Posted by on Feb 21, 2012 in Local News & Alerts | 0 comments

BFIS Trustee Gail Martin (centre) presenting a cedar plaque in recognition of the Marsh pledge Christopher Reeves, Managing Director of Bowring Marsh (Bermuda) and Jill Husbands, Head of Office for Marsh IAS Management Services.

Marsh today announced that it will sponsor a two-year university scholarship worth $15,000 per year to be administered by The Bermuda Foundation for Insurance Studies (BFIS).

While Marsh has donated annually to BFIS since its inception in 1996, this newest scholarship includes a summer employment position for the recipient through which the student will gain valuable hands-on insurance industry experience.

“Marsh is proud to sponsor this scholarship, which will help recipients gain a better understanding of the broking side of the insurance business and the career opportunities it presents,” said Chris Reeves, a Managing Director at Marsh and President and Chief Operating Officer of Bowring Marsh (Bermuda) Ltd.

The scholarship is open to students studying for an undergraduate degree at an accredited university recognized by BFIS. It is available to students who plan to pursue a career in the insurance industry and who major in insurance, risk management, actuarial science, mathematics, finance, economics, accounting, corporate law, or computer science.

Jill Husbands, a Managing Director at Marsh and Head of the Bermuda Office for Marsh IAS, said: “There is a lot of talent in Bermuda and we are  grateful that an organisation like BFIS exists to help us in our ongoing strategy to support young Bermudians interested in careers in insurance.”

Gail Martin, BFIS Trustee, said: “I am delighted that Marsh has again renewed its commitment to BFIS and our goal of providing opportunities for
Bermudian students to gain the education and training necessary to work in the insurance sector.”

The scholarship will be awarded to a Bermudian student who exhibits exceptional scholastic aptitude and maintains a 3.0 GPA or above. For more information and to apply, students may visit www.bfis.bm.

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