ICNZ, ANZIIF open submissions for 2020 scholarship

ICNZ, ANZIIF open submissions for 2020 scholarship | Insurance Business

ICNZ, ANZIIF open submissions for 2020 scholarship

The Insurance Council of New Zealand (ICNZ) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have opened submissions for their scholarship programme.

The 2020 ICNZ and ANZIIF Scholarship aims to recognise industry professionalism and leadership potential in young insurance professionals from New Zealand. It offers a prize of NZ$10,000 to attend an international industry event, leadership conference, or seminar programme.

Commenting on this year’s scholarship programme, ICNZ chief executive Tim Grafton said: “The ongoing development of our industry is critical to ensure we meet the ever-evolving insurance needs of our communities and customers.

“Alongside ANZIIF, we are thrilled to be able to offer this scholarship opportunity, offering exposure to the global industry, while also expanding leadership skills and growing their professional network.”

ANZIIF chief executive Prue Willsford added: “ANZIIF is proud to continue supporting and building professional development in our industry. This scholarship supports the development and growth of our future industry leaders. The winner will be presented with an invaluable career-building opportunity to attend an international industry event, supported by ICNZ and ANZIIF. I encourage all New Zealand young insurance professionals to apply.”

To be eligible for the scholarship, the applicant must be under the age of 35, a direct employee of a member of ICNZ, and a citizen or permanent resident of New Zealand. Eligible applicants must submit a 2,500-word essay on this year’s topic: “Systemic, global risks such as pandemics cannot be diversified, are virtually impossible to model and so are uninsurable. To what extent do you agree with this statement and what, if any, changes should the insurance sector make in response to future systemic risks?”