Scholars are expected to be drawn from areas of the UK considered to be relatively lacking in opportunity, and from homes where the income is lower than for median UK households.
The WCI, which was granted Livery status in October 1979, has over 500 members drawn from professions across the insurance industry. It shares the rich tradition of London’s Livery Companies in promoting excellence within its industry, while working to help and contribute to the City Civic in London and the wider community.
Master of the WCI, Tim Carroll, commented: “The Livery movement has a long history of supporting apprentices as they learn their trade. The Cass MSc in Insurance & Risk Management provides a 21st Century equivalent.
“Through our Charitable Trust, the Worshipful Company of Insurers is delighted to offer sponsorship to two students who would otherwise miss out on this opportunity.
“Cass MSc graduates demonstrate a commitment to the business of insurance, and are a long way down the road to their professional qualifications through the substantial credits which they gain towards the examinations of the Chartered Insurance Institute, which itself has a long history of active collaboration with the Worshipful Company."
Professor Christopher Parsons, Course Director of the MSc Insurance and Risk Management at Cass commented: "Our MSc Insurance and Risk Management degree is a long-established programme with an international reputation and hundreds of past graduates now in senior positions world-wide. We are delighted to have this generous support from the Worship Company of Insurers, which will further strengthen our links with the London Insurance market".
Professor Marianne Lewis, Dean of Cass Business School, welcomed the news: “The Cass Community thrives because of its deep connections with industry and the professions. It enables our research, graduate career paths and, of course, the education of our current students.
I am delighted that Cass is continuing to develop its important relationship with the Worshipful Company of Insurers and I thank them for extending this opportunity to our future students”.
Those wishing to be considered for sponsorship should first apply for the scholarship through the WCI using their application form. Successful applicants will then need to apply to Cass following the standard procedure before the sponsorship can be confirmed.
The deadline for submitting applications for the upcoming academic year is 31st July 2018. Further information is available here.
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