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UL graduate becomes first recipient of newly launched Insurance Bursary Award


Insurance Bursary Award
Photographed at the announcement of the first recipient of the newly launched Louise Newman Memorial Insurance Institute Bursary are from left to right: Robert Ford, Bursary Award recipient, Carol Lacey Director of Education, The Insurance Institute of Ireland and Gerard McHugh, Chair of the Education Strategy Committee, The Insurance Institute of Ireland.  

The Insurance Institute of Ireland, the national body for insurance professionals in Ireland, in partnership with the University of Limerick (UL), are pleased to announce Robert Ford as the first recipient of the newly launched Louise Newman Memorial Insurance Institute Bursary.

The annual bursary, which has been introduced for the first time this year, is valued at EUR5,000 and will provide awarded recipients with significant financial assistance to pursue an insurance related Research Masters at the University of Limerick.  Recipients of the new insurance bursary will be selected based on their academic merit.

This year's inaugural recipient is Robert Ford.  Robert graduated from UL in 2009 with a 2:1 in Business Studies from the Kemmy Business School, majoring in Risk Management and Insurance.  He then went on to teach Insurance Law and Claims at the University before undertaking the Masters. Robert's chosen subject: 'Implications of the Environmental Liability Directive for Irish Stakeholders; a Risk Management and Insurance Perspective' will form the basis for his thesis.

Presenting the Louise Newman Memorial Insurance Institute Bursary to Robert Ford, Gerard McHugh, Chair of the Education Strategy Committee, The Insurance Institute of Ireland, said: "We are absolutely delighted to be in a position to introduce this annual insurance bursary in partnership with the University of Limerick and in particular, to present and award Robert as the first recipient.  I am very confident that the proposed research masters that Robert is undertaking, will form an important part of risk management and environmental liability arising from the introduction of a major EU Directive on Environmental liability."

He continued: "The Insurance Institute of Ireland is first and foremost an educational body.  The introduction of the Memorial Bursary will not only honour the memory of Louise Newman but it will also encourage further education in the area of Insurance."

The new UL Bursary Award has been named in memory of Louise Newman, who passed away in 2001. Louise Newman was an active participator within The Insurance Institute of Ireland on an educational level, both nationally and locally. Ms Newman held the role of The Insurance Institute of Limerick Education Officer, and was also the recipient of the 1998 O'Mahony Student of the Year Prize for her exemplary ACII results. She was a UL graduate and a member of faculty of the Kemmy Business School at UL. 

The annual bursary is valued at EUR5,000 and will provide awarded recipients with significant financial assistance to pursue an insurance related Research Masters at the University of Limerick.


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