Students Encouraged to Apply for Scholarship to Study Ocean Marine Insurance in London

New York, NY (March 1, 2023) – The Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science (GSRM), part of The Peter J. Tobin College of Business at St. John’s University, is presently accepting applications for the 2023 Harold Jackson Scholarship for the study of ocean marine insurance in London, England.

Established under the will of the late Harold Jackson, former President of Wm. H. McGee & Company, Inc., the scholarship consists of round-trip transportation to London; lodging costs for a stay of up to two weeks; payment of tuition and fees for the course of study to be determined by the scholarship recipient; and a personal allowance for miscellaneous living expenses.

The scholarship is awarded based on successful completion of the Associate in Marine Insurance Management (AMIM®) 121 examination, prepared and graded by The Institutes™, and a completed application and written report of not more than 1,000 words on the following three-part topic, submitted by May 31, 2023:

1. Classification Societies have been a pillar within the marine community for many years in providing numerous services to promote safety at sea. State and describe four activities that are essential services of classification societies.
2. When a policyholder files a claim for collection on cargo lost or damaged, what are five basic documents usually required by the insurance carrier? Provide a brief comment on what each document represents.
3. During and following the pandemic, the importance of technology to service the marine insurance industry was critical to keep the flow of communication and documents accurate and expedient. Describe three activities within the industry that were impacted/improved by this event.

The Greenberg School of Risk Management was founded in 1901 as the Insurance Society of New York and decades later became The College of Insurance (TCI). In June 2001, TCI merged with St. John’s University, becoming a School inside The Peter J. Tobin College of Business.

St. John’s awards undergraduate, M.B.A., and M.S. degrees in the insurance, risk management, and actuarial science disciplines. Through its Tobin Center for Executive Education, the University also provides education, training, and consulting services to industry, governments, and regulators worldwide. The GSRM is also home to the Kathryn and Shelby Cullom Davis Library, which houses the largest and most comprehensive insurance collection in the world.

To obtain an application for the scholarship or for further information, contact Maureen Furlong Weber, Director, St. John’s University, Greenberg School of Risk Management, at 212-277-5111; [email protected].