Hamilton Insurance Offer $25K Scholarship

January 23, 2018

Hamilton Insurance Group, the Bermuda-based holding company for insurance and reinsurance operations in Bermuda, the U.S. and at Lloyd’s, will be inviting applications next month for a scholarship designed to expand the skill set of Bermudians or Permanent Resident Certificate holders considering a career in insurance.

The award, called The Hamilton Scholarship, is valued at $25,000 a year for up to two years of final undergraduate study at an accredited educational institution. The scholarship is managed by Hamilton’s Community Giving Committee.

“Our industry is rapidly evolving as it responds to the demands and expectations of the digital age,” said Hamilton Re Associate Legal Counsel and committee member David Amaro, who is overseeing the application process.

“We know that innovation and creativity are becoming table stakes to remaining relevant in today’s marketplace.

“Like other industries, we’re realizing that the skills traditionally developed for a career in insurance aren’t going to be enough to build a workforce that thinks and executes creatively. In fact, many of the world’s most effective leaders studied subjects like history or philosophy before they embarked on a career in business.

“Hamilton is proud of the diverse set of talents and backgrounds of our employees. In addition to actuaries and underwriters, we have computer scientists, software developers, and HR and communications professionals on our team. Many of these employees didn’t study risk management or underwriting but they make a meaningful difference at our young company.

“We want to help create a pool of talented young people who will contribute to Bermuda’s competitiveness as a world-class international business centre. We feel our scholarship, with its broadened study focus, will help to do just that.”

The application form for The Hamilton Scholarship can be found at hamiltongroup.com. Applications will be accepted as of February 15, 2018 with a closing date of April 30, 2018.

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