Board names new chairwoman and elects new officers, board members
The Spencer Educational Foundation announced that its board has elected new officers as well as new board members. C. Zakia Phillips, formerly of Willis Towers Watson, was elected Chairwoman for 2018-19 and five new board members were named: Dr. Cassandra Cole (Florida State University), Andrea Dudek (Accenture), Stephen Grabek (AIG), Dr. Weili Lu (California State University – Fullerton), and Debbie Michel (Liberty Mutual).
Serving with Phillips on the Foundation’s Executive Committee will be Marya J. Propis (formerly of AIG) -- president, Robin Joines (Sedgwick) – vice president, Matthew Schneider (Aon) – secretary, and Peter Heard (Travelers) – treasurer.
“I look forward to working with the board as we continue,” said Phillips. “I would be remiss if I did not thank and acknowledge the great contributions made by our outgoing chair Ron Davis and acknowledge the hard work and dedication of departing board members Peggy Accordino, Roger Andrews and Debbie Rodgers.”
Phillips worked at Willis Towers Watson for ten years, most recently as the East Region Director for Corporate Risk and Broking, Large Accounts. She provided her colleagues and their clients with thought leadership, strategy, coordinated relationship management and other assistance for those large, complex corporate accounts. Her broking experience also includes work at Aon. Prior to being a broker, she was an Executive Director in the Risk and Insurance Management Department of Morgan Stanley, where she worked for 23 years. Phillips graduated with honors from the State University of New York, she is a licensed New York insurance Broker and has her ARM certification. She has been actively involved in RIMS where she served on the board of the New York Chapter for a number of years and is a Past President. She has served on the Foundation’s board since 2013.
New scholarship looks to the convergence of insurance and technology
The Spencer Educational Foundation announced that one of its alumna, Elizabeth Lisle, has made a donation to create a named scholarship. The new scholarship will be given in Mrs. Lisle's name to a student who is studying risk management and insurance as well as technology. This is the first scholarship funded by a past recipient.
"This scholarship will recognize those students who see how insurance and technology/MIS are converging," said Mrs. Lisle, a three-time Spencer scholarship recipient. "It is a joy to be able to return a small measure of all that Spencer has done for me since my very first interview in 1995. The encouragement and support of Spencer and RIMS leadership over the last two decades have been an incredible gift."
"We are delighted that Elizabeth is funding this scholarship and paying it forward," said Ron Davis, Chairman of the Spencer Educational Foundation and EVP, Head of Customer Management for Zurich. "Technology is playing an increasingly important role in the industry and this scholarship will recognize up-and-coming talent that will help drive future innovation."
Mrs. Lisle received Spencer's scholarships in 1995, 1996 and 1997 while studying at Georgia State University. She is the Principal of Silvient, Inc., a risk technology consulting company. She is a member of the Foundation's Alumni Committee and has previously served on the Scholarship Committee.
The first Elizabeth Meldrum Lisle Spencer Scholarship will be awarded in 2019. Students receiving this scholarship will need to meet the academic criteria set by the Foundation's Scholarship Committee. In addition, they need to be pursuing a major, minor, or certificate in MIS, technology, computer science or similar discipline.
The Spencer Educational Foundation named 70 full-time undergraduate, graduate and Pre-dissertation Ph.D. students as its 2018 Spencer Scholars. The students, selected and screened from a record pool of more than 730 applicants, represent 28 schools. These awards bring the number of scholarships awarded by the Foundation to 1,051. The Foundation awarded 62 undergraduate scholarships ($5,000 each), five master’s scholarships ($10,000 each) and three pre-Ph.D. dissertation scholarships ($10,000 each). A total of $390,000 was given out.
“These scholarship recipients represent the future of our industry and, based on their collective credentials, our industry will be in very good hands,” said Tim Meacham, Spencer’s Scholarship Committee Chairman COO of Lockton Benefits Companies. “Since our inception, we have awarded more than one thousand scholarships. These students have been and continue to be among the best and brightest students entering the workplace and we thank our donors for their generosity which allows us to continue our mission by providing them with these scholarships.”
The Foundation’s scholarships are merit-based and take into consideration academics, leadership, industry interest and experience. Each application was reviewed by every committee member.
In addition to 33 general undergraduate scholarships, the Foundation awarded 29 named undergraduate scholarships. All those scholarships are for $5,000. The named scholarships have been sponsored by: Allied World, Arthur J. Gallagher & Co., Chubb, FM Global, Liberty Mutual, Lockton Companies, RIMS Atlanta Chapter, RIMS Chicago Chapter, RIMS Dallas/Ft. Worth Chapter, RIMS New Jersey Chapter, RIMS New York Chapter, RIMS, Sedgwick, St. John’s University, XL Catlin, and Zurich.
While announced last year, this is the first year that the Steven Penman Memorial Scholarship sponsored by Sedgwick is being awarded. It was given to Varun Sivakumar, a junior at Temple University double majoring in Risk Management and Insurance and Finance.
The Foundation also awards risk managers pursuing part-time master’s degrees up to $10,000 scholarships. The deadline for these scholarship applications is May 1. Learn more about the Part-time Master’s Scholarship
Karrie Honnaka at Alexander & Baldwin’s recently renovated Kalaheo hydro facility on Kauai, HI as part of her risk management summer internship in 2017.
The Spencer Educational Foundation announced that 40 companies will have the opportunity to hire a summer risk management intern because of $5,000 grants they each will receive from the Foundation. The Foundation acknowledges the RIMS Northeast Florida Chapter and the Risk and Insurance Management Society for their continued sponsorship of this program. The full list of grant recipients can be seen here.
“Spencer has a proven record of providing experiential learning opportunities to students. Our internship program is a prime example,” said Roger Andrews, Chairman of Spencer’s Internship Grant Committee. “As the industry celebrates Insurance Careers Month, we are excited to announce these 40 internship grants that will provide students hands-on experience in a corporate risk management department. Since 1997, the Foundation has awarded more than $1.7 million in internship grants — including $200,000 this year — to expose students to a dynamic industry with vast career potential. We appreciate the industry’s support of this program and thank our generous sponsors.”
Arthur J. Gallagher & Co. will host the the 27th Annual Spencer/Gallagher Golf Tournament on April 15, 2018 at the Hill Country Golf Club in San Antonio, TX. The event benefits the Spencer Educational Foundation.
This event is one of the largest fundraising events each year to benefit the Spencer Educational Foundation.
For more information about playing in or sponsoring the event, please visit: https://www.ajg.com/s/spencer-gallagher-golf-tournament/2018-spencergallagher-home/
Spencer Educational Foundation has opened the application process for its 2018 scholarships and grants. These include:
- Full-time undergraduate scholarships — Selected individuals are awarded a $5,000 scholarship. The application deadline is January, 31,2018. Click here for criteria.
- Full-time graduate & pre-dissertation Ph.D. scholarships — Selected individuals are awarded a $10,000 scholarship. The application deadline is January, 31,2018. Click here for criteria.
- Summer internship grants — Awarded to risk managers’ companies to hire a student in the risk management department (Grant amount is $5,000). The application deadline is January 9, 2018. Click here for criteria
- Risk Manager in Residence grants — These are $4,000 grants awarded to colleges/universities to bring risk managers to their campus to speak with students. The application deadline is April 1, 2018.
- Risk Managers: Your participation is needed. We need individuals who are willing to go to schools and share their (and their company’s) story. For more information, please click here
The application portal for all programs can be accessed here.