As an employer in the insurance industry, SET SEG believes that supporting students’ education is the key to building a successful future for the insurance industry by curating a strong talent pipeline. AmTrust Financial reports that the industry employment trends suggest a potential insurance talent crisis as retirement approaches for older workers with no one to replace them.
To address this issue, the SET SEG Insurance and Risk Management Scholarship was created. In honor of Alan Fergin, a valued SET SEG team member for nearly 40 years, this scholarship was designed to provide assistance and resources for students pursuing higher education in principles of insurance, risk management, and mitigation practices.
“At SET SEG we understand the importance and value of supporting and fostering new talent,” said Tim Averill, Executive Director of SET SEG. “We are passionate about investing in the future of the insurance industry and equipping young professionals with resources to further their education.”
The Insurance and Risk Management Scholarship awards qualifying students pursuing careers in the industry $1,000 to those attending community college and $2,500 to those attending a four-year university per academic year. The scholarship can be renewed for up to a total of four academic years to be used for insurance-related program educational costs such as tuition, books, and other class materials.
Five Michigan Students Receive 2023 Insurance and Risk Management Scholarship
Asia St. John graduated from Leslie Public Schools and the Wilson Talent Center in Mason, Michigan. As a first-generation college student, she is excited about the opportunities the insurance industry brings and plans to learn multiple roles in the field. St. John is receiving $2,500 to use toward further education in insurance and risk management.
Chasity Johnson, a mother of five, has returned to school to pursue a more fulfilling career path in the insurance industry, following her passion to help others. “I also hope this inspires my kids to always go after their dream no matter what age they are,” she shared. Johnson is receiving $1,000 toward her education at Lansing Community College.
Ramon Lopez is a high school senior at Lansing Public Schools whose interest in the field was piqued through an insurance basics class. He looks forward to bringing his strong work ethic and passion to learn into the insurance industry. Lopez is receiving $1,000 toward her education at Lansing Community College.
Fowler native Macy Gibbons discovered insurance through classes at Eaton RESA in high school, sparking her desire to pursue insurance and risk management as well as claims investigation in college. “I enjoy insurance because it is an important industry that will never fade, and I love being able to provide support to other people during hard times.” Gibbons is receiving $2,500 to use toward further education in insurance and risk management.
Isabella Seger-Wagasy comes from a family of insurance agents who has inspired her to pursue education in the field with the hope of one day taking over the family business. She plans to study abroad in Europe to learn from a variety of international insurance companies and hopes to guide young professionals in the future through involvement in young insurance agent groups. Seger-Wagasy will receive $2,500 to use toward further education in insurance and risk management.