The Council Foundation awarded $375,000 in academic scholarships to 75 interns during the 2019–2020 program year, supporting the next generation of commercial insurance professionals at member firms. The program continued to grow in scale and geographic reach, placing students at brokerage firms across major markets. Scholarship recipients are selected based on academic achievement, leadership potential, and their internship performance evaluations.
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The Council Foundation Awards $375,000 in Academic Scholarships to 75 Industry Interns
WASHINGTON, D.C. – September 9, 2019 – The Council Foundation announced today that it is awarding $375,000 in academic scholarships to 75 college students interested in pursuing careers in insurance brokerage. Each intern selected will receive $5,000 toward their college education. Since 2006, the Foundation, formerly known as the Foundation for Agency Management Excellence (FAME), has awarded $2.6 million to 525 students across the country, including $1.4 million to 275 students in the last four years alone.
The Foundation’s Scholarship Program partners with the internship programs of member firms of The Council of Insurance Agents & Brokers. The Scholarship Program exposes college students to the commercial insurance brokerage sector with a goal to recruit the students to the industry after graduation.
“The commercial insurance brokerage and employee benefits industries offer countless opportunities and dynamic career paths for young college graduates,” said Ken A. Crerar, president/CEO of The Council. “It is critical that we continue to work together to invest in the next generation of leaders and promote the important work we do for millions of people and businesses around the world.”
The mission of The Council Foundation is to bring fresh, diverse talent into the brokerage sector by way of internships with CIAB member firms. Students must be formally nominated by the respective brokerages at which they worked. In awarding the scholarships, an independent selection committee looks for candidates who have the potential to excel as leaders and contributors to the industry post-graduation.
“Since I first arrived in this country when I was in high school, I learned to be very independent. I have had to work long hours, attend school as a full-time student and remain active in my school organizations while relying solely on public transportation. The support I am receiving from The Council Foundation through this scholarship reminds me today that all my hard work has been worth the sacrifices I have had to make,” said Diana Gonzalez, a scholarship recipient from Sacramento State University. “I am truly honored that The Council Foundation believes in me and my future.”
Firms whose interns won scholarships include: Alliant Insurance Services, Inc.; AmWINS Group, Inc.; AP Intego; Arlington/Roe & Co.; Arthur J. Gallagher & Co.; Assurance Agency, Ltd.; AssuredPartners, Inc.; Baldwin Krystyn Sherman Partners; Borislow Insurance; Brown & Brown, Inc.; Burns & Wilcox; CBIZ Benefits & Insurance Services Division; Cook Maran & Associates; Cottingham & Butler, Inc.; Cross Insurance; Hagerty; Heffernan Group; Higginbotham; Holmes Murphy & Associates, Inc.; Hylant; Insurance Office of America, Inc.; InterWest Insurance Services, LLC; Johnson Kendall & Johnson, Inc.; Lipscomb & Pitts Insurance, LLC; Lockton, Inc.; M3 Insurance; Marsh & McLennan Agency; Moreton & Co.; NFP; Pritchard & Jerden, Inc.; RCM&D, Inc.; Risk Strategies Company; SCU – CRC Group; The Crichton Group; The IMA Financial Group, Inc.; The Plexus Groupe LLC; and TrueNorth Companies.
“We are very proud to support The Council Foundation,” said Bob Cawley, President & COO of RCM&D, Inc., in Baltimore, Md. “The Council is an excellent partner for us in so many ways.”
The Council Foundation is a 501c(3) organization administered by The Council of Insurance Agents & Brokers. Contributions made to the Foundation are tax deductible to the full extent allowed by law.
The 2019-20 scholarship recipients are:
