BFIS Awards 13 Scholarships Worth $451,000

July 25, 2012

Over 70 students, parents and  Bermuda Foundation For Insurance [BFIS] alumni, trustees and committee members attended the BFIS Studies 2012 Scholarship Reception last night [July 24], where 13 students were awarded with BFIS scholarships ranging from $5,000 per year to $30,000 per year, representing a total of $451,000.

The recipients [L-R] Ashley Adair, Michael Coles, Taliah Shakir, Carla Weeks, Elizabeth Sousa, Kris Furbert, Helen Crisson, Amanda Brown, Megan Berry, Chelsy Furtado, Christopher Wright.

At the Awards Presentation Reception sponsored by Alterra Capital and held at Alterra House, Meredith Head, Chairman of the BFIS Scholarship Committee, said that “The Foundation was created with the sole purpose of providing financial support and guidance for Bermudian students, so that they might have the opportunity to obtain the appropriate education and training in order to pursue an insurance-related career. This is achieved through annually awarding scholarships to outstanding students pursuing studies relevant to the insurance industry.”

She went on to say that, after short-listing half of the 101 applications the Committee went on to interview 30 students who were of outstanding quality, as, not only are they all extremely sound academically, but all are also well rounded, excelling in their individual pastimes of sports, music and philanthropic endeavours.

The 2012 BFIS scholars were presented with their awards by BFIS founding member and Advisory Trustee, Brian O’Hara and BFIS scholarship sponsors, Kip Herring for Alterra, Dr. Grant Gibbons for Colonial Group, Jill Husbands for Marsh and Jerome Dill for Validus.

The total number of students who have received scholarships from BFIS is now 119, with 83 BFIS graduates now working in the insurance industry. Twenty-seven students are still in the process of completing their degrees.

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Comments (6)

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  1. K.T.B. says:

    Congratulations Chelsey!!!

  2. yamon says:


  3. Concerned says:

    Congratulations all recipients!

  4. Pipokas says:

    GO CHELSY!!!!! Keep up the good work! You are an amazing young woman inside and out and those who know her will agree. CONGRATULATIONS!!! :)

  5. Christine Franklin says:

    Congratulations everyone, especially Ashley Adair :)