10th ANZIIF TurksLegal Claims Scholarship winner announced

10th ANZIIF TurksLegal Claims Scholarship winner announced | Insurance Business

10th ANZIIF TurksLegal Claims Scholarship winner announced
TurksLegal and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have announced Marsh senior claims consultant Fiona Fong winner of the 2017 ANZIIF TurksLegal Claims Scholarship.

Now in its 10th year, the scholarship provides industry professionals an opportunity to develop thought leadership content and be exposed to further professional development opportunities within the industry.

During ANZIIF’s annual general insurance breakfast in Sydney Dec. 6, it was announced that Fong’s winning entry centred on the topic of cyber claims – “Are insurers ready to handle cyber claims?”

Fong receives a package valued up to AU$8,000, including return travel, accommodation, AU$500 in spending money and registration to the 2018 Claims Conference and Insurance Services Expo to be held in Orlando, Florida.

Alternatively, Fong can choose to receive $5,000 cash and registration to attend the 2018 ANZIIF Claims Convention in Australia, including return flights and accommodation.

“This year’s winning entry was a reminder of just how much general insurance claims has changed in the 10 years since the ANZIIF TurksLegal Claims Scholarship has been going,” ANZIIF chief executive officer Prue Willsford said. “We hope Fiona has a rich experience networking with insurance professionals at her chosen professional development event.”

Paul Angus, general insurance partner at TurksLegal and member of the scholarship’s judging panel, said Fong’s winning paper was a “practical and well-reasoned look at the things the industry could do to build claims capability for the emerging area of cyber claims.”

The runner-up prize – registration to the 2018 ANZIIF Claims Convention in Australia, including travel and accommodation – was awarded to Krishna Prasad Venkata, from Richard Oliver Underwriting Managers, for his entry on the topic of automation.

“The winning paper and the runner-up tackled topics in the form of cyber claims and automation that weren’t really even on the radar when we started the scholarship in 2008, but in 2017 are key issues facing the industry,” Willsford said.

Related stories:
Insurers nominated for NZ Best Workplace Awards
Looking back on the ANZIIF Awards 2017