Exclusions - Property and Casualty Insurance Definition
Please see Excluded Peril
InVEST, an education program for the insurance industry that develops a large pool of qualified recruits, has awarded $30,000 in scholarships to a select group of 10 high school and community college InVEST graduates.
Scholarships are awarded annually to motivated students who have demonstrated that InVEST has provided them with a school-to-career education and inspired them to pursue higher education with an emphasis on insurance.
InVEST's annual scholarships are funded through proceeds realized from the program's annual Silent Auction held each year in conjunction with the Independent Insurance Agents and Brokers of America's annual Big "I" Convention. This year, additional support was received by Chubb Group of Insurance Companies who donated $5,000 towards the scholarship fund in honor of Big "I" member Louise "BeBe" Canter's presidency.
Directors and Officers
"Thanks to the support of industry professionals, we're able to expand the InVEST program, give students the chance to enhance their understanding of the insurance industry and present them with a school-to-career program," said InVEST Chairman Jim Armitage. "Scholarships were given to InVEST students who surpassed their goals and took as much as they could from the program. I am confident that these students are excited about starting a career in our industry, and we are just as excited to have such a diverse and talented group of young people to bring into the business."
Machine Shop Insurance Recipients of the two $5,000 scholarships are Andrea Dixon of Grossmont Community College, El Cajon, Calif.; and Lauren Murohy of St. Petersburg Catholic High School, St. Petersburg, Fla.
Recipients of the eight $2,500 scholarships are Joseph Mikheal, Eric Bridge, Andrew Rose, and Maria Galindo of Dr. Phillips High School, Orlando, Fla.; Katherine Waechter and Marianne Escoto of St. Petersburg (Fla.) Catholic High School; Anne Harvey of East Hartford (Conn.) High School; and Alex Brehm of Iroquois Central High School, Elma, N.Y.
Scholarship prospects submitted essays describing the influence and benefits of InVEST on their educational plans. The quality of the essay—combined with the applicant's grade point average, extracurricular activities, and college entrance exam scores—were factors in selecting the winners.
Scholarship checks will be mailed directly to the institute of higher learning that each student is attending and will be used exclusively for educational expenses.